STATS 370 - Financial Mathematics

Course Overview

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Faculty

Science

Department

Statistics

Points:

15

Available Semesters:

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Course Components

Labs

Tutorials

Lectures

Exam

TBLs

Workshops

Description: Mean-variance portfolio theory; options, arbitrage and put-call relationships; introduction of binomial and Black-Scholes option pricing models; compound interest, annuities, capital redemption policies, valuation of securities, sinking funds; varying rates of interest, taxation; duration and immunisation; introduction to life annuities and life insurance mathematics.

Prerequisites / Restrictions

Prerequisite: 15 points at Stage II in Mathematics and 15 points at Stage II in Statistics Restriction: STATS 722

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