This course is an introduction to the fundamental concepts of mathematical finance in an elementary setting. Topics include: risk, return, no arbitrage principle; basic financial derivatives: options, forwards and future contracts; risk free assets, time value of money, zero coupon bonds; risky assets, binomial tree model, fundamental theorem of asset pricing; portfolio management and capital asset pricing model; no arbitrage pricing of financial derivatives; hedging.
This course may not be repeated for credit.
Prerequisite(s)
- Mathematics 321 or Statistics 321 or consent of the Department.
SyllabusSections
This course will be offered next in
Fall 2015.