Financial Mathematics I   [Archived Catalog]
2018-2019 Graduate Studies Bulletin
   

STAT 522 - 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: MATH 514

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