Financial Mathematics – I – UG First Year Programme Semester I
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Mrs. P. M. Saraph
Third Revised Edition – July 2026
Categories: Arts, Arts Semester 1, B.A.F., B.B.I., B.B.I. Semester I, B.M.S., B.M.S. Semester 1, BAF Semester 1, Books, Commerce Degree, Commerce Semester 1, F.Y. BCom, F.Y.B.A., FYBAF, FYBBI, FYBMS, Self Finance Degree
Description
Financial Mathematics – I
Open Elective (OE)
UG First Year Programme Semester – I
Syllabus (As per NEP 2020) w.e.f. the Academic year 2024-2025
Module 1 : Interest and Annuity
♦ Simple Interest and Compound Interest, Compounded More than Once a Year
♦ Calculations Involving upto 4 Time Periods
♦ Annuity, Immediate and Due, Present Value, Future Value of an Annuity
♦ Equated Monthly Instalments (EMI) using Reducing and Flat Interest System
♦ Simple Interest and Compound Interest, Compounded More than Once a Year
♦ Calculations Involving upto 4 Time Periods
♦ Annuity, Immediate and Due, Present Value, Future Value of an Annuity
♦ Equated Monthly Instalments (EMI) using Reducing and Flat Interest System
Module 2 : Measures of Central Tendency and Dispersion
♦ Arithmetic Mean, Weighted Mean, Combined Mean
♦ Median, Quartiles, Deciles, Percentiles
♦ Mode
♦ Range, Quartile Deviation, Mean Deviation from Mean, Median, mode
♦ Standard Deviation and Their Relative Measures
♦ Arithmetic Mean, Weighted Mean, Combined Mean
♦ Median, Quartiles, Deciles, Percentiles
♦ Mode
♦ Range, Quartile Deviation, Mean Deviation from Mean, Median, mode
♦ Standard Deviation and Their Relative Measures
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