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)
- Statistics 321. Also known as: (formerly Applied Mathematics 481)
Sections
| LEC 1 | MWF 10:00 - 10:50
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| TUT 1 | R 08:00 - 08:50
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