Introduction to Quantitative Finance
Module Title - Introduction to Quantitative Finance
Number of credits - 10
Financial derivatives will be examined using a continuous-time approach, examining the relevant partial differential equations and boundary conditions in a number of different problems. The solution method will also be examined, using a mix of analytical and computational methods.
By the end of the module you will be able to:
- write down the governing partial differential equations and boundary conditions for a range of financial derivative problems;
- solve the relevant partial differential equations arising from the study of some financial derivative problems using analytical and computational methods;
- demonstrate an understanding of how mathematics and in particular discrete mathematics is used in the financial sector;
- demonstrate a comprehensive knowledge beyond the taught syllabus from personal exploration of the subject.
Teaching and assessment: