Financial Mathematics (MATH0031)

Key information

Faculty: Faculty of Mathematical and Physical Sciences
Teaching department: Mathematics
Credit value: 15

Restrictions: This module is normally taken by third year students on single or combined honours degrees, who have taken MATH0016 Mathematical Methods 3 and MATH0057 Probability and Statistics. It may be suitable for other students with a strong mathematical background.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

This is a first course at the advanced undergraduate level in mathematical finance; centring on the mathematics of financial derivatives which relies on both probability theory and PDE based approaches. It assumes no prior knowledge of finance. The module begins with an introduction to the type of language and terminology used in the investment banking arena, followed by the essential elements of probability theory and stochastic calculus required for the pricing of options later in the course.

Module deliveries for 2024/25 academic year

Intended teaching term: Term 2 听听听 Undergraduate (FHEQ Level 6)

Teaching and assessment

Mode of study: Online
Methods of assessment: 90% Exam

10% Coursework
Mark scheme: Numeric Marks

Other information

Number of students on module in previous year: 152
Module leader: Dr Jamie Walton
Who to contact for more information: math.ugteaching@ucl.ac.uk

Last updated

This module description was last updated on 19th August 2024.

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Important information

The catalogue has been updated with key information about the modules that will run during the 2024/25 academic session. Current and prospective students can browse through the catalogue to consider possible module choices for the coming year.

Please note,听information in the catalogue is听subject to change as teaching and assessment arrangements for 2024/25 may need to be adjusted in line with the University's Feedback and Assessment principles and operating model.

Centrally managed exam durations will be provided on students' individual exam timetables. Arrangements for locally managed timed assessments and in-class activity will be confirmed by the teaching department for the module.

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