Brief Course Description
1. Course Title:
Advanced Financial Mathematics
2. Language of Instruction:
Tiếng Việt
3. Course Code:
MAT508013
4. Credits:
3
5. Course Objectives:
This course provides essential knowledge about the components and primary operations of financial markets, including derivative markets. It also covers the use of mathematical tools (mathematical models, stochastic calculus, stochastic differential equations) and software to describe the functioning of financial markets.
6. Brief Description of Course Content:
This course aims to provide students with grounding in advanced financial mathematics, covering risk-neutral pricing of derivative securities; Brownian motion; introduction to Itô΄s formula and SDEs; stochastic asset models; Black-Scholes model; arbitrage and hedging; interest-rate models. The student learn to develop a quantitative thinking and risk analysis skills.