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
MA103 (or MA110), MA122, MA170, ST259 (or MA240) or a similar course in probability and statistics (e.g., EC205, EC255, EC285).