MA270
Financial Mathematics I
0.5 Credit

Hours per week:
  • Lecture/Discussion: 3
  • Lab: 1.5 (biweekly)

An introduction to mathematical methods from linear algebra, calculus, and probability theory used in the financial analysis of problems in areas such as bond pricing, capital budgeting, making decisions under certainty/uncertainty, utility theory, portfolio optimization, binomial and log-normal asset pricing models, introductory no-arbitrage pricing of forwards and options, risk analysis.

Additional Course Information
Prerequisites
MA103 (or MA110*), MA122, MA170, ST259 or MA240 or a similar course in probability and statistics (e.g., EC205/BU205, EC255/BU255, EC285).
 

Senate/Editorial Changes

Senate Revision April 15, 2015: MA270 Prerequisite change; effective September 1, 2015.