MATH 4050 - Financial Mathematics

This is an introductory course on financial mathematics primarily serving students with an applied mathematics, economics and finance major or an actuarial science minor. It illustrates how the concepts from calculus, and probability can help in establishing models to study interest theory, portfolio management and option pricing problems. This course will also benefit students from other disciplines in learning how to use methods in mathematics to study real world problems.

Prerequisites & Corequisites: Prerequisite: MATH 2720 (with a grade of “C” or better) or instructor approval.

Credits: 3 hours