QTM7575 Financial Modeling using Simulation and Optimization
The focus of this course is on developing spreadsheet models for a wide variety of financial concepts including, but not limited to portfolio optimization, option pricing, asset allocation, value at risk, asset prices, etc. Students will gain familiarity with the financial instruments through the construction of the models, and will gain greater insights by analyzing and solving the models. Simulation and optimization are used extensively to analyze the models. Particular attention is paid to modeling uncertainty via random variables and the mathematics of stochastic variables.
Prerequisite: QTM7200