MA2178 Remedial Mathematics in Finance

Part I

Course Duration: One semester

Credit Units: 3

Level: B2

Medium of Instruction: English

Prerequisites: Nil

Precursors: Nil

Equivalent Courses: Nil

Exclusive Courses: Nil

Part II      
Course Aims

This course aims to introduce the basic concepts and techniques of calculus, ordinary differential equations and linear algebra to the students who have not studied AS Level Applied Mathematics, or Further Mathematics, or Mathematics and Statistics, or Mathematics with Applications, or Pure Mathematics, or Statistics, or AL Applied Mathematics, or Further Mathematics, or Pure Mathematics in their secondary schools. It trains students skills in logical thinking.

Course Intended Learning Outcomes (CILOs)
Upon successful completion of this course, students should be able to:

No.

CILOs

Weighting (if applicable)

1.

explain concepts from single variable calculus, ordinary differential equations and basic linear algebra.

1

2.

evaluate limits, derivatives, and integrals of univariate

functions.

3

3.

implement basic operations in linear algebra.

3

4.

develop simple mathematical models through single variable calculus and ordinary differential equations, and apply to a range of application problems in finance.

2

5.

the combination of CILOs 1-4

3

 

Teaching and Learning Activities (TLAs)
(Indicative of likely activities and tasks designed to facilitate students’ achievement of the CILOs. Final details will be provided to students in their first week of attendance in this course)

TLAs

ILO No.

Hours/week

Learning through teaching is primarily based on lectures.

1--5

26 hours in total

Learning through tutorials is primarily based on interactive problem solving allowing instant feedback.

 

1

4 hours

2

4 hours

3

3 hours

4

2 hours

Learning through take-home assignments helps students understand basic concepts and techniques of single variable calculus, ordinary differential equations and basic linear algebra, and some applications in finance.

1--5

         after-class

Learning through online examples for applications helps students apply mathematical and computational methods to some application problems in finance.

4

         after-class

Learning activities in Math Help Centre provides students extra help.

2--4

         after-class

 

Assessment Tasks/Activities
(Indicative of likely activities and tasks designed to assess how well the students achieve the CILOs. Final details will be provided to students in their first week of attendance in this course)

30% Coursework

70% Examination (Duration: 2 hours, at the end of the semester)

For a student to pass the course, at least 30% of the maximum mark for the examination must be obtained.

 


Assessment Tasks/Activities

ILO No.

Weighting (if applicable)

Remarks

Test

 2

15-30%

Questions are designed for the first part of the course to see how well the students have learned concepts and techniques of single variable calculus.

Hand-in assignments

1--4

0-15%

These are skills based assessment to see whether the students are familiar with  concepts and techniques of single variable calculus, ordinary differential equations and basic linear algebra and some applications in finance.

Examination

5

70%

Examination questions are designed to see how far students have achieved their intended learning outcomes. Questions will primarily be skills and understanding based to assess the student’s versatility in single variable calculus and basic linear algebra.

Formative take-home assignments

1--4

0%

The assignments provide students chances to demonstrate their achievements on single variable calculus, ordinary differential equations and basic linear algebra and their applications in finance  learned in this course.

 

Grading of Student Achievement: Refer to Grading of Courses in the Academic Regulations

Part III

Keyword Syllabus

One variable calculus. Ordinary differential equations. Linear algebra.

Related Links
Department of Mathematics