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MATH 4560

Topics in Financial Mathematics

MATHEMATICS AND STATISTICS

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. Prerequisites: Math 233, Math 3200, Math 310 or permission of instructor.

Instructors

Mladen Wickerhauser, Wickerhauser

3.0
Quality
2.0
Difficulty
2
Reviews
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Reviews

Quality: 2Difficulty: 1Wickerhauser

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: 3Wickerhauser

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