MATH 114: Intr Financial Math

University of California, Santa Cruz

Financial derivatives: contracts and options. Hedging and risk managment. Arbitrage, interest rate, and discounted value. Geometric random walk and Brownian motion as models of risky assets. Ito's formula. Initial boundary value problems for the heat and related partial differential equations. Self-financing replicating portfolio; Black-Scholes pricing of European options. Dividends. Implied volatility. American options as free boundary problems.

Average GPA: 3.56

Grade distribution records: 46 students across 1 terms.

Grade distribution

GradeStudentsPercent
A+2043.5%
A715.2%
A-510.9%
B+36.5%
B-12.2%
C+24.3%
C36.5%
F12.2%
P36.5%
NP12.2%

Based on 46 student grade records across 1 term and 1 professor.

Instructors

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