Financial and insurance mathematics in practice from students´ point of view

Abstract

The general theoretical knowledge is provided to students in the bachelor's study programs and courses in educational system at the Slovak universities. Basic knowledge of higher mathematics students obtain by passing the compulsory subjects “Mathematics IA” and “Mathematics IB” in the 1st year of bachelor's degree. Practical and applied knowledge students obtain by passing the optional subject “Financial and Insurance Mathematics” in the 3rd year of bachelor's degree. The paper deals with questionnaire survey which was conducted in subject “Financial and Insurance Mathematics” taught at the Faculty of Economics and Management of the Slovak University of Agriculture in Nitra. The aim of statistical analysis is Financial and Insurance Mathematics in practice from full-time and parttime students ́ point of view. The subject of the analysis was the answers of students in the academic years 2016/17 and 2017/18. Responses were obtained by completing a short questionnaire aimed at identifying a general overview of students in this field. The basic methods of the descriptive statistics and hypotheses testing were utilized in the assessment of the survey results. The existence of the statistically significant relations among the acquired assessments was verified by means of the χ2–test. In case of dependence confirmation the intensity of assessed dependence was determined. The conducted questionnaire survey confirmed the existence of statistically significant differences between the answers of the students of the full-time and part-time study.