MATHÂ 586. Computational Finance. 4 hours.
Introduction to the mathematics of financial derivatives; options, asset price random walks, Black-Scholes model; partial differential techniques for option valuation, binomial models, numerical methods; exotic options, interest-rate derivatives. Course Information: Prerequisite(s): Grade of C or better in MATH 220 and grade of C or better in STAT 381; or consent of the instructor.