This subject introduces the theory of mathematical finance with applications in derivative pricing, portfolio optimisation and risk management. Techniques of no-arbitrage pricing in finance and financial mathematics are explored. Theoretical problems involving hedging derivatives and change of probability measures and portfolio optimisation are formulated and solved.
2008 contribution for post-2008 Commonwealth-supported students: $1,062.38
Note: Students who commenced prior to 1 January 2008 should consult the Student contribution charges for Commonwealth supported students
Not all students are eligible for Commonwealth Supported places.
2008 amount for undergraduate domestic fee-paying students: $2,346.00
Note: Fees for Postgraduate domestic fee-paying students and international students are charged according to the course they are enrolled in. Students should refer to the Annual Fees Schedule.
Subject EFTSL: 0.125