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MATH 4560

Topics in Financial Mathematics

MATHEMATICS AND STATISTICSMATHEMATICS

An introduction to the principles and methods of financial mathematics, with a focus on discrete-time stochastic models. Topics include no-arbitrage pricing of financial derivatives, risk-neutral probability measures, the Cox-Ross-Rubenstein and Black-Scholes-Merton options pricing models, and implied volatility.

Instructors

Mladen Wickerhauser, Victor Wickerhauser

3.0
Quality
1.6
Difficulty
5
Reviews
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Reviews

Quality: 5Difficulty: 1Victor Wickerhauser

Chill and sneaky hilarious. Gave us all the questions for the midterm and final beforehand and recorded and posted every single lecture. Nice guy. Not the best lecturer.

5/4/2026

Quality: 3Difficulty: 2Victor Wickerhauser

This class has no exams and just a final project which makes it conducive to learning, which is awesome. However, the content is extremely difficult and hard to understand. Additionally, the homework sets will take around 10-15 hours to complete.

12/17/2025

Quality: 1Difficulty: 1Victor Wickerhauser

Such boring, unhelpful lectures. Lectures didn't relate to homework. Nothing seemed to connect. Nice guy. Grade is all homework and final project, no final exam.

12/5/2025

Quality: 2Difficulty: 1Mladen Wickerhauser

2 or less hrs/week

Easiest class I have ever taken. All the homework is out of the book which has answers in the back, and the final project was a snooozefest. Went to class at the start, not engaging and the professor just reward from the book.

1/12/2025

Quality: 4Difficulty: 3Mladen Wickerhauser

Great professor! He is willing to help out students struggling from the work (I really do recommend the students to go to his office hour. He explains it so well and kindly). He is considerate. The class itself was also interesting. The workload was average, and the difficulty was also average. Well-structured and organized class overall.

1/25/2021