Financial Mathematics I   [Archived Catalog]
2016-2017 Undergraduate Studies Bulletin (Archived Copy)
   

MATH 514 - Financial Mathematics I

Credits: 3

Probability spaces. Random variables. Mean and variance. Geometric Brownian Motion and stock price dynamics. Interest rates and present value analysis. Pricing via arbitrage arguments. Options pricing and the Black-Scholes formula.

Cross-listed Course: STAT 522

Prerequisites: C or higher in MATH 241 or the consent of the Undergraduate Director