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ANALISIS PREMI TAHUNAN INDIVIDU DENGAN MANFAAT YANG DIBAYARKAN PADA AKHIR TAHUN KEMATIAN Krishna Prafidya Romantica; Paiz Jalaludin
JURNAL LENTERA AKUNTANSI Vol. 9 No. 1 (2024): JURNAL LENTERA AKUNTANSI, MEI 2024
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrakt.v9i1.1157

Abstract

Life insurance is an insurance product that provides guarantees in the form of benefits to the insured's family if the insured dies in the future. The amount of this benefit is influenced by the amount of the annual premium paid by the insurer to the insured. The researcher will calculate the amount of the individual's annual premium on endowment insurance. The researcher will use a fixed interest rate to calculate the discount factor and the Gompertz distribution approach to calculate the insurer's chance of survival. Previously, the researcher will estimate the Gompertz distribution parameters using the Maximum Likelihood Method (MLE) based on the 2011 Indonesian Mortality Table (female). Furthermore, the researcher will calculate the insurer's chance of survival using the Gompertz distribution to obtain the actuarial present value of the initial term annuity and the actuarial present value of the endowment life insurance. In addition, the researcher will calculate the comparison of the present value of the endowment life insurance to the present value of the life annuity. The last step is that the researcher will multiply the comparison of this present value by the benefits received to calculate the amount of the individual's annual premium. The calculation results show that the comparison of the present value of dual-purpose life insurance to the present value of a living annuity is getting smaller as the policy coverage period increases. As a result, the amount of the individual's annual premium will also be smaller. This shows that the amount of the annual premium is influenced by interest rate factors, the insurer's life chances, and the length of the coverage period.
PERHITUNGAN HARGA OPSI EROPADENGAN METODE TRINOMIAL PADA PERUSAHAAN MITSUBISHI Paiz Jalaludin; Alrafiful Rahman; Ani Nuraini; Royyan Amigo
JURNAL LENTERA AKUNTANSI Vol. 9 No. 1 (2024): JURNAL LENTERA AKUNTANSI, MEI 2024
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrakt.v9i1.1179

Abstract

Investment is an important instrument in the financial market. The investment objective is to obtain large profits with minimum capital. The trend that is currently developing is that investors are not only interested in investing in real assets, but they have great attention to investing in financial assets such as shares. However, to gain profits, investors must face risk and uncertainty. Among the solutions to reduce these risks are derivatives. Stock options are one of the widely used derivative products. An important instrument in stock options is the method of determining option prices according to the type of option. European option prices can be determined using several methods, namely the Black-Scholes method, binomial method, and trinomial method. This research aims to implement the trinomial method in determining European option prices, both Call options and Put options on Mitsubishi UFJ Financial Group (MUFG) shares. The results of determining option prices using the trinomial method are then compared with the results of the Black-Scholes method which aims to analyze the convergence of the two. The research results show that the trinomial method can be used to determine stock option prices for the Mitsubishi company more flexibly than the Black-Scholes method. In addition, the results show that the trinomial model converges to the Black-Scholes method.
Backtesting of the Value-at-Risk Based on GARCH Model (VaR-GARCH) in Measuring Stock Market Risk Lailatul Maziyah Wildan Mufaridho; Khaerun Nisa SH; Paiz Jalaludin; Muhammad Isbar Pratama
Journal of Mathematics, Computations and Statistics Vol. 9 No. 1 (2026): Volume 09 Issue 01 (March 2026)
Publisher : Jurusan Matematika FMIPA UNM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35580/eyqd4722

Abstract

Accurate market risk measurement is a crucial aspect of stock portfolio management, particularly in volatile market conditions. One commonly used method for measuring market risk is Value-at-Risk (VaR). However, the conventional VaR approach often fails to capture the dynamics of volatile volatility. Therefore, this study aims to measure stock market risk using a GARCH-based Value-at-Risk approach and test the model's reliability using the Kupiec Proportion of Failures Test. The data used are daily stock price data processed into logarithmic returns. Return volatility is estimated using the GARCH(1,1) model, and the VaR value is calculated based on conditional volatility at a 5 percent significance level. VaR backtesting is then performed to identify violations and evaluate the model's validity using the Kupiec Test. The results of the study show that out of 653 observations, there were 27 VaR violations, with a Kupiec statistic value of 1.0909 and a p-value of 0.2963. A p-value greater than the significance level indicates that the VaR–GARCH model is statistically valid and able to measure market risk well. This study concludes that the VaR–GARCH approach is a reliable method in measuring stock market risk and can be used as a supporting tool in investment decision-making and risk management.
PELATIHAN MICROSOFT EXCEL UNTUK PERSIAPAN SELEKSI MASUK KERJA DI LEMBAGA KEUANGAN Nuraini, Ani; Lailatul Maziyah Wildan Mufaridho; Dewi Susanawati; Paiz Jalaludin; Muslimin
Jurnal Pengabdian Masyarakat (Bisma) Vol. 3 No. 2 (2025): Jurnal Pengabdian Masyarakat (Bisma)
Publisher : Universitas Darunnajah, Jakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61159/bisma.v3i2.610

Abstract

Pelatihan Microsoft Excel merupakan salah satu upaya yang tepat dalam membekali para santri dengan keterampilan praktis yang relevan, khususnya dalam menghadapi seleksi masuk kerja, terutama di lembaga keuangan yang membutuhkan keterampilan administratif dan analisis data. Kegiatan pengabdian ini dilaksanakan di Pondok Pesantren Al Hasanah Pamulang dengan tujuan meningkatkan kemampuan santri dalam menggunakan Microsoft Excel sebagai alat bantu untuk mendukung produktivitas kerja di masa depan. Metode pelaksanaan kegiatan ini terdiri atas tiga tahapan, yaitu persiapan, pelaksanaan, dan evaluasi. Tahap persiapan meliputi identifikasi kebutuhan santri dan penyusunan modul pelatihan. Pada tahap pelaksanaan, materi pelatihan mencakup pengenalan fungsi dasar Excel, pembuatan laporan keuangan sederhana, hingga penggunaan formula dan fungsi logis yang relevan dengan pekerjaan di sektor keuangan. Evaluasi dilakukan dengan memberikan kuesioner kepada peserta untuk mengukur tingkat kepuasan dan efektivitas pelatihan. Hasil kegiatan menunjukkan antusiasme peserta yang tinggi dan peningkatan pemahaman santri terhadap penggunaan Microsoft Excel, khususnya dalam konteks aplikasi di dunia kerja. Dengan demikian, pelatihan ini memberikan dampak positif dalam mempersiapkan santri menghadapi tantangan dunia kerja, khususnya di bidang keuangan.
Pelatihan Media Pembelajaran Berbasis Geogebra Bagi Guru Matematika dan Ipa Paiz Jalaludin; Krishna Prafidya Romantica; Alrafiful Rahman; Ani Nuraini
Jurnal Pengabdian Masyarakat (Bisma) Vol. 1 No. 2 (2023): Jurnal Pengabdian Masyarakat (Bisma)
Publisher : Universitas Darunnajah, Jakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61159/bisma.v1i2.147

Abstract

Technology-based learning media is one of the important things in learning Mathematics and Science in schools. It aims to create a fun, creative and innovative learning atmosphere so as to increase student motivation and learning outcomes. One of the learning media for Mathematics and Science that is often used is the GeoGebra application, which is the application of Mathematics in the study of geometry and algebra. However, previous data and research show that there is still a lack of mastery of Mathematics and Science teachers in using the software, especially in the location of service partners, namely in Darunnajah elementary, junior high, and high school schools, Jakarta. Therefore, the service proposed to carry out service in the form of training on the use of the GeoGebra application for teachers as a solution to these problems. The service activities ran smoothly, both in terms of preparation, implementation, and evaluation. This is shown by the results of a two-way evaluation between service and service partners. Participants are able to answer and practice directly the material presented in the evaluation session. In addition, based on the answers to the satisfaction / approval questionnaire, the participants' satisfaction with the activities carried out reached a fairly high average, reaching 87.80%.
Pengenalan Standar Akuntansi di Indonesia bagi Siswa SMK Al-Hikmah Jakarta Selatan Paiz Jalaludin; Krishna Prafidya Romantica; Royyan Amigo; Ani Nuraini; Alrafiful Rahman
Jurnal Pengabdian Masyarakat (Bisma) Vol. 2 No. 1 (2024): Jurnal Pengabdian Masyarakat (Bisma)
Publisher : Universitas Darunnajah, Jakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61159/bisma.v2i1.267

Abstract

Kredibilitas dan keandalan laporan keuangan merupakan salah satu hal yang sangat penting karena berkaitan langsung dengan proses pengambilan keputusan. Untuk memastikan hal tersebut, laporan keuangan harus disusun sesuai dengan standar yang berlaku, agar terdapat konsistensi, relevansi, dan keseragaman sehingga dapat dibandingkan dengan laporan keuangan perusahaan lain. Oleh karena itu, diperlukan Standar Akuntansi Keuangan yang formal dan legal. Tulisan ini berisi laporan kegiatan pengabdian masyarakat yang bertema pengenalan standar akuntansi keuangan di Indonesia, yang dilaksanakan di SMK Al-Hikmah. Kegiatan ini bertujuan untuk memberikan wawasan tambahan kepada siswa tentang perkembangan standar akuntansi di Indonesia. Selain itu, kegiatan ini juga merupakan salah satu bentuk Tridharma Perguruan Tinggi yang dilaksanakan oleh Tim Pengabdi Program Studi Sains Aktuaria Universitas Darunnajah, Jakarta. Para peserta yang mengikuti kegiatan ini sangat antusias dan penuh semangat karena materi yang disampaikan relevan dengan jurusan yang mereka pelajari. Tingkat kesetujuan dan kepuasan peserta pada kegiatan pengabdian ini sangat tinggi, yaitu mencapai 87,60%.
PELATIHAN MICROSOFT EXCEL UNTUK PERSIAPAN SELEKSI MASUK KERJA DI LEMBAGA KEUANGAN Ani Nuraini; Lailatul Maziyah Wildan Mufaridho; Dewi Susanawati; Paiz Jalaludin; Muslimin
Jurnal Pengabdian Masyarakat (Bisma) Vol. 3 No. 2 (2025): Jurnal Pengabdian Masyarakat (Bisma)
Publisher : Universitas Darunnajah, Jakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61159/bisma.v3i2.610

Abstract

Microsoft Excel training is an effective way to equip students with relevant initiative practical skills, particularly for job selection, particularly in financial institutions that require administrative and data analysis skills. This community service activity was conducted at the Al Hasanah Islamic Boarding School in Pamulang with the aim of enhancing students' proficiency in using Microsoft Excel as a tool to support future workplace productivity. The implementation method consisted of three stages: preparation, execution, and evaluation. The preparation stage involved identifying students' needs and developing training modules. During the execution stage, the training materials covered basic Excel functions, creating simple financial reports, and utilizing formulas and logical functions relevant to the financial sector. Evaluation was conducted by distributing questionnaires to participants to measure satisfaction and training effectiveness. The results demonstrated high enthusiasm from participants and an improvement in their understanding of Microsoft Excel, particularly its application in the workplace. Thus, this training positively contributed to preparing students for the challenges of the job market, especially in the financial field. Keywords: