FINM2043

Course Descriptions

Financial engineering is the use of sophisticated mathematical modelling techniques to design, price, and hedge securities and portfolios. The aim and objective of this course is to learn applications of financial engineering, which includes development of derivative pricing techniques, use of derivative securities to reduce or eliminate risk, creation of new financial instruments to meet the changing needs of investors, and estimation of the risk of complex portfolios. Although traditionally concerned with derivative securities, financial engineering techniques are increasingly applied to fundamental securities.

Prerequisite

MATH1073 Calculus I

Workload

Workload not available

Modules

Modules not available