MATH 114Introduction to Financial Mathematics
Financial derivatives: contracts and options. Hedging and risk managment. Arbitrage, interest rate, and discounted value. Geometric random walk and Brownian motion as models of risky assets. Ito's formula. Initial boundary value problems for the heat and related partial differential equations. Self-financing replicating portfolio; Black-Scholes pricing of European options. Dividends. Implied volatility. American options as free boundary problems.
Corequisite(s): STAT 131 or CSE 107.
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When it runs
Fall 2025Open Fall 2025
| Section | Type | When | Where | Instructor | Seats |
|---|---|---|---|---|---|
| 01 | Lecture | Mon Wed Fri 2:40pm–3:45pm | Engineer 2 192 | R. L. Hingtgen | Open 46/50 |
Who teaches it
| Instructor | Rating | Difficulty | Would take again | Reviews |
|---|---|---|---|---|
| Robert Hingtgen | 4.9 / 5 | 2.8 / 5 | 97% | 107 |
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