ISL 532E - Financial Engineering

Course Objectives

1. describe various financial markets, institutions and instruments,
2. describe financial derivatives and futures
3. teach stochastic models for modeling financial assets
3. build simulation models for pricing financial derivatives and risk quantification

Course Description

In this course, we cover fundaments of financial engineering and risk quantification utilizing python programming. Stochastic models for pricing financial derivatives are introduced for pricing and hedging. Monte Carlo simulation techniques are introduced for pricing and risk quantification problems in quantitative finance.