2018-19 Undergraduate Catalog 
    Feb 24, 2020  
2018-19 Undergraduate Catalog [Archived Catalog]

BUS 473 - Advanced Derivatives

(3 credits; alternate years, consult department)
This is an advanced course in derivative markets. A basic understanding of derivative pricing as would be found in an undergraduate investments text is assumed. Topics will include binomial option pricing, the Black-Scholes-Merton model, Brownian motion and Ito’s Lemma, and interest rate models. Material corresponding to the Society of Actuaries Exam MFE: Actuarial Models and Finance Economics will be covered.

Prerequisites: MAT116QR or MAT117QR, MAT112QR, MAT211, BUS304 or permission of instructor.