Theory of Financial Mathematics

Undergraduate

Mathematical models arising in modern investment practices. Compound interest, annuities, the time-value of money, Markowitz portfolio theory, efficient frontier, random walks, Brownian processes, future contracts, European and American options, and put-call parity. Introduction to Black-Scholes. Course Format: Lectures, lab, 4 hours per week. Prerequisite(s): MATH/STAT 2P82 Course Notes: This course may be offered in multiple modes of delivery. The method of delivery will be listed on the academic timetable, in the applicable term.