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MATH 449 Mathematical Finance 3.0 Credits

This course is an introduction to the mathematics of finance. The main topics include: fixed income mathematics (duration, convexity, compounding conventions, immunization of bond portfolios, yield curve stripping), foundations of the arbitrage theory (pricing of futures and forwards, swaps, put/call parity) and introduction to stochastic derivative pricing (Black-Scholes and beyond).

College/Department: College of Arts and Sciences
Repeat Status: Not repeatable for credit
Prerequisites: MATH 311 [Min Grade: D]

Mathematics BS / Mathematics MS

https://catalog.drexel.edu/undergraduate/collegeofartsandsciences/mathematicsbs-ms/

Major: Mathematics Degree Awarded: Bachelor of Science (BS) and Master of Science (MS) Calendar Type: Quarter Minimum Required Credits: 226.0 Co-op Options: One Co-op (Five years) Classification of Instructional Programs (CIP) code: 27.0101 Standard Occupational Classification (SOC) code: 15-2021