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Component
BSc Statistics options
Year 2, Component 07
MA226-5-AU or MA332-5-AU
MA226-5-AU
Financial Mathematics
(15 CREDITS)
How do you compare different income streams? You will be able to answer the question after studying this module which is critical in any financial decision making. In this module, all payments are assumed to be guaranteed and we will focus on the concept of valuing future monetary payments in terms of present. This module covers part of the CM1 course of the IFoA.
Relational databases and SQL are developed and used as a fundamental tool for relevant applications from different disciplines including humanities, life sciences, linguistics, marketing and social science. They are essential to the efficient information management for IT systems and commercial applications in almost all modern organisations.
The purpose of this module is to provide you with an introduction to the underlying principles and practical experience of the design and implementation of relational databases. It will cover the data modelling and SQL, database analysis, design and management, and advanced topics including big data, security and privacy issues of modern databases.
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