Course Schedule and Catalog

Long Title: COMPUTATIONAL FINANCE I: MARKET MODELS

Department: Statistics

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 3

Prerequisite(s): STAT 310 OR STAT 331

Description: This course takes the classical efficient market models and superimposes upon it models for other stochastic phenomena not generally accounted for in efficient market theory, showing how risk is lessened by portfolios and other mechanisms. The course uses computer simulations as an alternative to closed form solutions.