Bachelor's degree

subject area 
university type - Italy  
university status  
Torino, Italy

Mathematics for Finance and Insurance

Matematica per la finanza e l'assicurazione

Language: ItalianStudies in Italian
Subject area: mathematics and statistics
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Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
The science of mathematics presents the most brilliant example of how pure reason may successfully enlarge its domain without the aid of experience.
Immanuel Kant, Critique of Pure Reason (1781) Tr. Max Müller (1881) p. 610.
I united the majority of well-informed persons into a club, which we called by the name of the Junto, and the object of which was to improve our understandings. ... The first members of our club were...
Thomas Godfrey, a self-taught mathematician, and afterwards inventor of what is now called Hadley's dial; but he had little knowledge out of his own line, and was insupportable in company, always requiring, like the majority of mathematicians that have fallen in my way, an unusual precision in everything that is said, continually contradicting, or making trifling distinctions—a sure way of defeating all the ends of conversation. He very soon left us.
Benjamin Franklin, The Life and Miscellaneous Writings of Benjamin Franklin (1839)
A marveilous newtrality have these things mathematicall and also a strange participation between things supernaturall, imortall, intellectuall, simple and indivisible, and things naturall, mortall, sensible, compounded and divisible.
John Dee, The mathematicall praeface to the Elements of geometrie of Euclid of Megara (1570) as editor of Euclid's Elements, translated by Henry Billingsley.

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