FIN 7855 Seminar in Options, Futures and Other Derivatives (3)

Prereq.: FIN 7826 and ECON 7610 or equivalent; consent of instructor; mathematical maturity required. Arbitrage and equilibrium models of derivative pricing; models derived via continuous time Ito processes; binomial, finite difference, Monte Carlo and other numerical approaches; review of mathematical statistics, stochastic processes and Ito calculus.