Course Catalog - 2018-2019

     

STAT 649 - 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):
Graduate
Prerequisite(s): STAT 519 OR STAT 615
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. Students receiving graduate credit in STAT 649 will be expected to address additional homework and test questions targeting a graduate level understanding of the material. Graduate/Undergraduate Equivalency: STAT 449. Mutually Exclusive: Cannot register for STAT 649 if student has credit for STAT 449.