Mathematics | The Mathematics of Finance
M451 | ALL | Tba

M451 The Mathematics of Finance (3 cr.) P: M311 and M365. R: M343.
Course covers probability theory, Brownian motion, Ito's Lemma,
stochastic differential equations, and dynamic hedging. These topics
are applied to the Black-Scholes formula, the pricing of financial
derivatives, and the term theory of interest rates.