After reviewing tools from probability, statistics, and elementary differential and partial differential equations, models of hedging, arbitrage, puts, calls, the design of portfolios, the derivation and solution of the Black-Scholes and other equations (Bachelier, Ito’s Lemma) are amplified and discussed. Focus is on mathematical properties and relations between concepts of financial and currency market instruments in investment and economic activities.
Course Master:
Term:
Spring 2027
Discipline:
BA (Business)
Credits:
4 credits
Type:
Regular
Level:
Undergraduate
Can be taken twice for credit?:
No
Cross Listed:
Pre-requisites:
(MA1020 OR MA1020CCM) AND (MA1030 OR MA1030CCM)
Co-requisites:
None