Course Catalog - 2018-2019

     

STAT 449 - QUAN FINANCIAL RISK MANAGEMENT

Long Title: QUANTITATIVE FINANCIAL RISK MANAGEMENT
Department: Statistics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Restrictions:
Must be enrolled in one of the following Level(s):
Undergraduate Professional
Visiting Undergraduate
Undergraduate
Prerequisite(s): MATH 211 AND MATH 212 AND (ECON 400 OR STAT 400 OR ECON 409 OR STAT 410) OR STAT 310 OR ECON 307 OR STAT 312 OR STAT 331 OR ELEC 331
Description: This course covers the use of financial securities and derivatives to take or hedge financial risk positions. Most commonly used instruments, from simple forwards and futures to exotic options and swaptions are covered. The pricing of derivatives securities will also be studied, but the emphasis will be on the mechanics and uses of financial engineering methods. STAT 449 is mutually exclusive to ECON 449. Credit cannot be given for both. Graduate/Undergraduate Equivalency: STAT 649. Mutually Exclusive: Cannot register for STAT 449 if student has credit for ECON 449/STAT 649.