Call us at:- +91-9958934646

Create a free profile as

Sample Certificate


Mathematical Theory of Interest

Indian : Rs.7080
International : $118

A course on the formulation, analysis, and interpretation of advanced mathematical models in finance and interest theory. You will obtain a practical knowledge of the theory of interest in both discrete and continuous time. You will understand how these concepts are used in the various annuity functions, and will apply the concepts of present and accumulated value for the various streams of cash flows as a basis for use in reserving, valuation, pricing, asset/liability management, investment income, contingencies, and derivative modeling.

  • Understand the basic concepts of present value and accumulated value and apply these concepts toward solving more complicated financial problems and complex annuity problems. This will be assessed through tests and a final exam.
  • Work effectively with others to complete homework and class projects. This will be assessed through graded assignments and class projects.
  • Locate and use information to solve problems in interest theory and financial engineering. This will be assessed through quizzes and tests, and a final exam.
  • Effectively express themselves both orally and in writing using well constructed mathematical arguments. This will be assessed through class projects, quizzes, and tests and a final exam.
  • Demonstrate ability to think critically by recognizing patterns and determining and appropriate techniques for solving a variety of annuity and interest theory problems. This will be assessed through quizzes, tests and a final exam.
  • Demonstrate the ability to integrate knowledge and ideas of the concepts of present and accumulated value in a coherent and meaningful manner and apply a variety of techniques for solving such problems. This will be assessed through homework, class quizzes and tests, and a final exam.
  • Private / Public Sector
  • Banking / Invensting
  • Analysts
  • Interest Rate Measurement
  • Force of Interest, Real Interest Rate, Annuity
  • Amortization and Bond File
  • Bond Valuation and Measuring Rate of Return on an Investment
  • Term Structure of Interest Spot Rates and Forward Rates

PDF, moodle books


A bachelor degree in mathematics of statistics or equivalent.


Understand the basic concepts of present value and accumulated value and apply these concepts toward solving more complicated financial problems and complex annuity problems.


Additional reading will be given to students.

Frequently Asked Questions

What is the level of this course?
This is an Postgraduate course.

Will I get any credits?
 In order to gain credits, you must take and successfully pass an assessment

What is the duration of this course?
 2 months for full time students and 4 months for part time students.

Is there any assessment for this course? 

What is the study mode of this course?

Full time or Part time.

What is the delivery mode of this course?

Fully online.

When can I start this course?


Can I finish this program earlier?


Can I contact the professor in this course?

Yes, through the platform.



  • CE.A.R.S (Centre of Academic Research and Studies) is an multinational educational organization founded in 2012.
  • In UK CE.A.R.S  is an open learning college based in Hertfordshire, England. Its aim is to offer the students worldwide, a wide range of skills and abilities necessary to successfully integrate the demanding job market.
  • In a rapidly changing economic and business environment, investment in human capital and skills held by each of us, without exception, is the safest way to deal with the volatile environment they we all face each and every day, to separate and distinguish ourselves both in our working area society as well.
  • CE.A.R.S having this principle as basis, and staying true to its mission to focus on a new form of human centered learning process, creates  academic programs that focus on the student, determined to achieve the best possible result. With an ideal combination of distinguished and renowned teachers, we provides an indisputable comparative advantage to our students.
  • What we are working for in CE.A.R.S and are really proud of is that we form a single living organism that grows and evolves in a direct correlation with society. Therefore we cannot distance ourselves  from the social events and not  facilitate the daily lives of all those who trust us. Thus, with the implementation of programs with flexible schedules and the continues effort of offering competitive fees and affordable packages, we are confident that the services we offer can be attainable by all.
  • The effort to optimize our services does not stop, along with the goal to eliminate all the weaknesses that inevitably may exist in any organization. Through these processes we hope to get closer to par, meeting the requirements of the most demanding students
  • CE.A.R.S is to attract the most talented faculty, staff, and students; to provide an environment where they can discover and fulfill their potential; and thereby to realize its promise, which is to become one of the most distinguished open colleges.Our mission is to advance learning through the integration of teaching, research, and service to others. Excellence is the hallmark of an Academic Institution of distinction. Excellence requires a total quality commitment, which must characterize every activity of CE.A.R.S.
  • CE.A.R.S is an independent, coeducational institute with programs in the arts and humanities, business, education, engineering, the natural and social sciences, health sciences etc. offering courses online to residential and international students. CE.A.R.S educates students to assume leadership roles worldwide through its programs of study. Its teaching, research, and service missions are characterized by equal access and equal opportunity to all who qualify.

Hot Courses

Our Partners