
Applied Mathematics for Financial Planning | FPLN.X409
This course covers the basic analytic tools and mathematical techniques used in personal financial planning. The emphasis is on understanding and applying quantitative concepts and techniques such as present/future value analysis, discounted cash flow, internal rate of return, measurements of investment performance, analysis of equities and fixed-income investments using statistical tools, evaluation of mortgages, and cash-flow planning for retirement and education. The course is specifically oriented toward practical problem solving.
Learning Outcomes
At the conclusion of the course, you should be able to
- Apply TVM principles to solve problems in various financial planning and investment applications, including retirement and education funding, consumer purchases, bond pricing and the analysis of investment alternatives.
- Create personal balance sheets and income and expense statements and perform relevant analysis, including the calculation of personal financial ratios.
- Understand and calculate the impact of inflation on savings and investment plans and goals.
- Define and calculate the various measures of "average return", and identify where used.
- Calculate volatility in investment returns and interpret results.
- Achieve a basic understanding of equities (stocks), options, mutual funds and bonds in order to complete computations relevant to pricing and other analyses.
- Define and measure risk for different types of investments (bonds, equities) and calculate industry defined risk adjusted return metrics.
- Master the HP12C calculator for various computations.
Note(s) A HP-12C financial calculator is required.
Have a question about this course?
ENROLL EARLY!
- Save Your Seat
Help us confirm course scheduling. Enroll at least seven days before your course starts. - Accessing Canvas
Learn more about gaining access to your course on Canvas in our FAQ section. -
Accessibility and Accommodation
For accessibility questions or to request an accommodation, please visit Access for Students with Disabilities or email the Extension registrar. -
Finance Your Education
Here are ways to pay for your education.
This course is related to the following programs:
Estimated Cost: TBD
Course Availability Notification
Please use this form to be notified when this course is open for enrollment.
Contact Us