L24 Math 456 Topics in Financial Mathematics

An introduction to the principles and methods of financial mathematics, with a focus on discrete-time stochastic models. Topics include no-arbitrage pricing of financial derivatives, risk-neutral probability measures, the Cox-Ross-Rubenstein and Black-Scholes-Merton options pricing models, and implied volatility. Prerequisites: Math 233 and Math 3200 or permission of instructor.

Credit 3 units. A&S: NS A&S IQ: NSM


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