Financial Mathematics Course | IIT Roorkee | Prof. Pradeep Kumar Jha
Course Details
| Exam Registration | 369 |
|---|---|
| Course Status | Ongoing |
| Course Type | Elective |
| Language | English |
| Duration | 12 weeks |
| Categories | Mechanical Engineering, Economics & Finance |
| Credit Points | 3 |
| Level | Undergraduate/Postgraduate |
| Start Date | 19 Jan 2026 |
| End Date | 10 Apr 2026 |
| Enrollment Ends | 02 Feb 2026 |
| Exam Registration Ends | 20 Feb 2026 |
| Exam Date | 19 Apr 2026 IST |
| NCrF Level | 4.5 — 8.0 |
Master the Mathematics of Money with IIT Roorkee's Premier Course
In today's globally interconnected economy, the ability to understand and model financial systems is a critical skill, not just for finance professionals but also for engineers and managers. The Financial Mathematics course, offered by the prestigious Indian Institute of Technology Roorkee (IIT Roorkee), provides a rigorous 12-week journey into the quantitative foundations of finance. Led by the esteemed Prof. Pradeep Kumar Jha, this course bridges the gap between mathematical theory and real-world financial decision-making.
About the Course Instructor: Prof. Pradeep Kumar Jha
Dr. Pradeep K. Jha is an Associate Professor in the Department of Mechanical & Industrial Engineering at IIT Roorkee. With over 12 years of teaching experience, he specializes in manufacturing technology and production processes. His research expertise in areas like steelmaking and solidification processes brings a unique, analytical engineering perspective to financial modeling. This blend of engineering precision and economic application makes his instruction in Financial Mathematics exceptionally valuable.
Who Should Enroll in This Course?
This course is meticulously designed for a diverse audience seeking to solidify their quantitative finance skills.
- Undergraduate & Postgraduate Students in Mechanical Engineering, Industrial Engineering, Economics, and Finance.
- Professionals and Managers in investment banking, corporate finance, and project management.
- Any Interested Learner with a curiosity about how mathematics drives financial markets and investments.
Course Prerequisites & Industry Relevance
To succeed, participants should have a grasp of basic Mathematics, Probability, and Statistics. Familiarity with fundamental concepts is essential. The course is supported by industry and is immensely useful for most companies, particularly for managers and professionals in investment and finance sectors who need to analyze projects, assess risk, and manage portfolios.
Detailed 12-Week Course Curriculum
The course layout is structured to build knowledge from foundational concepts to advanced applications.
| Week | Topics Covered |
|---|---|
| Week 1-2 | Mathematical introduction, Growth/Decay curves, Simple Interest, Bank Discount. |
| Week 3-4 | Compound Interest, Discrete Compounding, Compounding Frequency, Economic Equivalence. |
| Week 5-6 | Comparison of Investment Alternatives, Project Balance, Credit/Loan, Amortization. |
| Week 7-8 | Depreciation & Depletion, Breakeven Analysis, Leverage. |
| Week 9-10 | Valuation of Stocks & Bonds, Mutual Funds, Options, Cost of Capital, Ratio Analysis. |
| Week 11-12 | Decision under Risk & Uncertainty, Risk Premium, Portfolio Diversification, Life Insurance & Annuities. |
Key Learning Outcomes
By the end of this course, you will be able to:
- Apply mathematical models to analyze interest, investments, and loans.
- Evaluate the economic viability of projects and compare financial alternatives.
- Understand and value key financial instruments like stocks, bonds, and options.
- Make informed decisions under risk and uncertainty and understand portfolio theory.
- Navigate concepts critical to corporate finance and personal investment planning.
Recommended Textbooks
- Capinski & Zastawniak: "Mathematics for Finance" (Springer).
- Ambad Nazri Wahidudin: "Financial Mathematics and its Applications" (Ventus Publishing).
Why Choose This Financial Mathematics Course?
This course is more than just formulas; it's about developing a powerful analytical framework. Whether you're an engineer evaluating a capital project, a manager assessing company performance, or an individual planning investments, the principles taught here are indispensable. Under the guidance of an IIT Roorkee professor, you gain not only knowledge but also the confidence to tackle complex financial challenges in a globalized market.
Duration: 12 Weeks | Level: Undergraduate/Postgraduate
Take the first step towards mastering the language of finance. Enroll today and unlock the mathematical principles that power the world's economies.
Enroll Now →