The development of models for security pricing, portfolio analysis and risk management. Techniques used include binomial methods, Monte Carlo simulation, linear and quadratic programming and regression. Models are implemented and tested in spreadsheets or specialized software. B6014 or the equivalent.
Primary emphasis is on the construction of explanatory probabilistic models.
A comprehensive introductory survey of multivariate methods. Matrix algebra, simple and multiple regression, data reduction, factor analysis, discriminant analysis, multidimensional scaling, experimental design and analysis of variance. B6014 or the equivalent. This course is about the art and science of creating agreements between two or more parties. Students discuss and apply concepts developed in behavioral science and game theory as guides to improved negotiating.