Graduate Catalog

MATH 626 Financial Derivatives and Risk Management

The concept of Financial Derivatives, which includes options, futures, and forwards, is crucial for risk management, speculation, and for arbitrage activities. This course covers the foundational theory in derivatives valuation and risk management from the mathematical modeling point of view. It demonstrates the strengths and weaknesses of different models. It also illustrates and exemplifies how valuation models and risk measures are applied in the financial industry.

Credits

3

Prerequisite

Linear algebra, programming, and introductory probability and statistics