2016-2017 Undergraduate/Graduate Catalog

ACTL 564 Mathematics of Financial Derivatives

Study of mathematical models used to value financial derivatives. Includes both discrete time models such as binomial trees and simulation as well as continuous time models based upon Brownian moiton and Ito's lemma.

Credits

3

Prerequisite

Admission to the M.A. in mathematics with specialization in actuarial science or permission of the instructor.

General Education

Offered

  • Fall