Problem sets, mainly in .pdf format. Can be viewed and printed using Adobe Acrobat Reader. Most, but not all of the materials handed out in class. Previous exams this semester. This is not a course on how to make a fortune in the stock market.
Finance is inherently a technical and analytical field.
We will study that model quite intensively. The 1997 Nobel Prize in Economics was awarded to two finance professors for the derivation of a complicated, but very widely used formula for pricing derivative securities. Be forewarned about the nature of the subject matter and the statistics prerequisite. Your grade is based on two midterms, the comprehensive final examination, and problem sets. Students registered in 257 must also complete a research project, which will be due on the last day of class.