MATH 3702 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).
Repeat Status: Not repeatable for credit
Prerequisites: MATH 2801 [Min Grade: C-]