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IND 833

Financial Engineering

This course explores concepts and methods of financial engineering and its applications with special emphasis on fixed income mathematics, introduction to derivatives, valuation of forward contracts and future contracts, hedging strategies using futures, properties of stock options, no-arbitrage pricing, continuous models (the Black-Scholes theory), and discrete models (lattice approach, Monte Carlo simulation, and finite difference method).
Weekly Contact: Lab: 1 hr. Lecture: 3 hrs.
GPA Weight: 1.00
Course Count: 1.00
Billing Units: 1

Prerequisites

ECN 801, IND 604, MTH 410, MTH 425, MTH 510

Co-Requisites

None

Antirequisites

None

Custom Requisites

None

Mentioned in the Following Calendar Pages

*List may not include courses that are on a common table shared between programs.