Exploring term Fall 2023 Change

    MATH477

    Stochastic Financial Modelling

    Brief review of financial concepts (hedging, arbitrage, options etc.), Martingales, drift and volatility, the binomial model, Brownian motion, the Black-Scholes option pricing formula and some of its extensions.

    Lecture: 3h

    Lab: 0h

    Tutorial: 0h

    Credits: 1.5