MATH 227 - Introductory Financial Mathematics

Institution:

Knox College

Subject:

Description:

An introduction to the key mathematical ideas and techniques that support the two main arms of the area of Financial Mathematics: portfolio optimization and option valuation. The mathematics of personal finance including interest, loans, and annuities, probability modeling for finance, single-period portfolio optimization, utility theory, introduction to the CAPM model, linear programming methods, single-period valuation of futures and options, and multiple time period asset models using Markov chains. Prereq: MATH 205 and MATH 210, or permission of the instructor; K. Hastings

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.knox.edu

Phone Number:

(309) 341-7000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Trimester

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