Introduction to Mathematical Finance
Mathematics · 3 hrs Lecture
Offering schedule: contact department
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MATH-2413 prerequisites
10 courses appear in this chain, up to 3 levels deep. 1 is needed whichever route you take: MATH-1201
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Description
This course gives an introduction to the mathematics of finance, an area of applied mathematics concerned with financial markets. Topics include present value analysis; geometric Brownian motion and its suitability as a model of stock prices; option pricing; the Arbitrage Theorem; derivations of the Black-Scholes formula; and portfolio selection. The approach emphasizes underlying mathematical tools and their derivation.
Requisite courses
MATH-1201, either STAT-1301, STAT-1401 or STAT-1501, and either MATH-1103, MATH-1101, or MATH-1102 [prerequisite(s)].
From the 2026-27 undergraduate calendar. Always verify details on WebAdvisor or with an academic advisor before registering.