STAT 686 - MARKET MODELS
Long Title: MARKET MODELS
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Must be enrolled in one of the following Level(s):
Prerequisite(s): STAT 518 AND (STAT 615 OR STAT 410)
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. This graduate course uses computer simulations as an alternative to closed form solutions with advanced problem sets. Graduate/Undergraduate Equivalency: STAT 486. Mutually Exclusive: Cannot register for STAT 686 if student has credit for STAT 486.