37007 Probability Theory and Stochastic Analysis8cp
Requisite(s): 24 credit points of completed study in spk(s): STM91543 Core Subjects (Mathematics)
These requisites may not apply to students in certain courses. See access conditions.
Anti-requisite(s): 25875 Probability Theory and Stochastic Analysis
The subject introduces students to a number of fundamental results and techniques from probability theory and stochastic analysis that are used extensively for derivative pricing and hedging, interest rate modelling, and risk management.
Detailed subject description.