MATH 294The Mathematics of Finance
Introduction to the mathematics of financial models. Hedging, pricing by arbitrage. Discrete and continuous stochastic models. Martingales. Brownian motion, stochastic calculus. Black-Scholes model, adaptations to dividend paying equities, currencies and coupon-paying bonds, interest rate market, foreign exchange models.
Prerequisites
From the catalog: “MATH 180A (or equivalent probability course) or consent of instructor.”