Results for tag:Quantitative Finance
|Date:||07 November 2018|
This course provides an advanced treatment of the most important concepts in financial engineering. The course puts emphasis on the mathematical translation of concepts like risk, riskless profit, derivative instruments, tradable, and continuous time. Both derivative pricing as well as stochastic optimal control used in solving dynamic portfolio problems are introduced. Basic applications of the theory will also be dealt with and the practical applicability will be highlighted. The course is based on the book Arbitrage Theory in Continuous Time by Thomas Björk.