MATH1004J Foundations for Financial Math

Academic Year 2021/2022

This module is an introduction to the probability theory underlying modern financial mathematics, in particular the background necessary to understand the Black-Scholes formula for pricing call and put options.

Show/hide contentOpenClose All

Curricular information is subject to change

Learning Outcomes:

Students apply basic probability models, averages and expected values, and use conditional probabilities and conditional expectations. In case if time permits, students will be introduced to the calculations of simple option prices, call and put options, etc.

Student Effort Hours: 
Student Effort Type Hours
Lectures

36
Tutorial

16
Specified Learning Activities

32
Autonomous Student Learning

32
Total

116
Approaches to Teaching and Learning:
Lectures, tutorials, enquiry and problem-based learning. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: End of Trimester Exam Unspecified No Standard conversion grade scale 40% No

65
Continuous Assessment: Continuous assessment Throughout the Trimester n/a Standard conversion grade scale 40% No

35

Carry forward of passed components
No
 
Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Name Role
Dr Cornelia Roessing Lecturer / Co-Lecturer
Dr Daniele Casazza Tutor