• Course Code: 01:640:485
  • Semester(s) Offered: Fall
  • Credits: 3
  • Counts toward math major/minor?: Yes
  • Prerequisites: Math 250 and Calc IV and Probability (Math 477 or Stat 381 or 14:332:226)

General Information (Catalog listing)

Study of the mathematical theory and financial concepts used to model and analyze financial derivatives. Topics include martingales, Brownian motion, and stochastic differentials, with applications to discrete and continuous time stochastic models of asset prices, option pricing, the Black-Scholes pricing model, and hedging.

Prerequisites:

  • Intro Linear Algebra (01:640:250)
  • Differential Equations (01:640:244, 252, or 292)
  • Probability (01:640:477, 01:960:381, or 14:332:226)

Textbook

Textbook:  For current textbook please refer to our Master Textbook List page


{rucourse course = "01:640:485" semester = "92017"}

 


Schedule of Sections

01:640:485 Schedule of Sections

 

Previous semesters

  • Fall 2008. Prof. Rodriguez
  • Ran as Math 495 prior to Fall 2008