Difference between revisions of "Math 435: Mathematical Finance"
From MathWiki
| Line 17: | Line 17: | ||
== Desired Learning Outcomes == | == Desired Learning Outcomes == | ||
| + | The minimal expectation for this course is that students learn about mathematical finance ''in the context of discrete time and finite state-spaces.'' It is therefore not required that students be taught about Brownian motion, the Black-Scholes model, etc. | ||
=== Prerequisites === | === Prerequisites === | ||
| − | |||
Students should have had an introductory course in probability. | Students should have had an introductory course in probability. | ||
Revision as of 16:25, 15 July 2010
Contents
Catalog Information
Title
Mathematical Finance.
(Credit Hours:Lecture Hours:Lab Hours)
(3:3:0)
Offered
W
Prerequisite
Description
The binomial asset pricing model (discrete probability). Martingales, pricing of derivative securities, random walk in financial models, random interest rates.
Desired Learning Outcomes
The minimal expectation for this course is that students learn about mathematical finance in the context of discrete time and finite state-spaces. It is therefore not required that students be taught about Brownian motion, the Black-Scholes model, etc.
Prerequisites
Students should have had an introductory course in probability.
Minimal learning outcomes
Additional topics
Courses for which this course is prerequisite
None.
