Jan 28, 2023  
2017-2018 Catalog and Handbook 
    
2017-2018 Catalog and Handbook [ARCHIVED CATALOG]

DATA 618 - Quantitative Finance (3 Credits)

Prerequisite: DATA 606  and DATA 607 
Quantitative finance is a branch of applied mathematics concerned with calculation, modeling, and forecasting in a variety of industry segments. Professionals in this field use specialized knowledge and skills to determine value and calculate risk. Their results can play a key role in business actions such as financing, mergers, consolidations, speculation, and global expansion Students will engage in topics that include probability distributions, linear regression, stochastic calculus, Monte Carlo methods, Black-Scholes, capital asset pricing, and arbitrage pricing. Topics will be presented through academic theory and real-world examples.