In this course, you will learn how such models are built and used, put them to work yourself using proprietary software, develop insights into their strengths and weaknesses, and hear from experts about industry best practice. But the level of mathematics rarely rises as high as high school calculus. Our approach includes discrete time and continuous states. In our view, this is both a marked improvement in accuracy over the binomial models typically used in most MBA classes and a substantial gain in simplicity over the stochastic calculus of most high-end financial theory.
Files are pdf format unless stated otherwise.
To view or print pdf files, visit Adobe's Web Site to get Adobe's Acrobat Reader. Once installed, the Reader pops up in Netscape when you click on a pdf file, allowing you to view and print the file. For obscure reasons, the files print better than they look on the screen.