Undergraduate Catalog

ESMA 480 Financial Engineering

This course covers the core ideas and principles of modern financial engineering. Students evaluate different types of interest, examine annuities and debt retirement methods, and assess investment strategies for stocks and bonds. The course also includes building the binomial model for stock prices and applying the Black-Scholes formula.

Credits

3

Prerequisite

MATH242 OR MATH243 OR MATH244

Distribution

3-0-3

Offered

Spring