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    Quick Facts

    Medium Of InstructionsMode Of LearningMode Of Delivery
    EnglishSelf StudyVideo and Text Based

    Courses and Certificate Fees

    Fees InformationsCertificate AvailabilityCertificate Providing Authority
    INR 1000yesIIT Madras (IITM)

    The Syllabus

    • Time value of money; accumulation & discount factors.

    • Nominal vs effective rates; force of interest.

    • Equations of value; unknown n / i problems.

    • Level annuities-immediate &-due; present vs accumulated value.

    • Level annuities-immediate &-due; present vs accumulated value.

    • Varying annuities (increasing/decreasing, arithmetic & geometric progression); deferred annuities.

    • Loan amortisation: level payment schedules, interest-first vs principal-first methods.

    • Sinking funds; outstanding balance by prospective & retrospective methods.  

    • Bond basics: price, redemption amount, coupon, book value; premium/discount theorems.

    • Yield-to-maturity; callable bonds introduction.

    • Duration and modified duration; convexity preview; immunisation intuition.  

    • Integrated review

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