MATH 4FM3/6FM3, Winter 2018
FINANCIAL MARKETS AND DERIVATIVES
Modelling of options, futures, interest rate securities and other financial derivatives in continuous time using Brownian motion and stochastic calculus. Topics include risk-neutral pricing, the Black-Scholes framework, dynamic hedging, volatility and risk.
Three lectures; one term
Prerequisite(s): MATH 3FM3
PLEASE REFER TO MOSAIC FOR THE MOST UP-TO-DATE INFORMATION ON TIMES AND ROOMS
Instructor: Traian Pirvu