ASRM 409 C14 - Stoch Proc for Fin & Insurance
Campus: Urbana-Champaign
Description:
An introduction to stochastic processes and their applications to finance and insurance. Topics include conditional probability, conditional expectation, Markov chains, Poisson processes, reliability theory, Brownian motion and elementary introductions to insurance risk theory and option pricing theory. Course Information: 3 or 4 undergraduate hours. 3 or 4 graduate hours. Prerequisite: ASRM 401 (formerly MATH 408) or MATH 461.
Special Instructions:
Class meetings are strongly recommended but students in faraway time zones may watch recordings later.
Academic Program Restrictions:
MS:Mathematics -UIUC
Option 1
Number of Required Visit(s): 0Course Level: Graduate
Credit: 4
Term(s): Spring
