Nov 23, 2025  
Rensselaer Catalog 2009-2010 
    
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Rensselaer Catalog 2009-2010 [Archived Catalog]

MATH 4740 - Introduction to Financial Mathematics and Engineering

This course is designed to introduce students to mathematical and computational finance. Topics include a mathematical approach to risk analysis, portfolio selection theory, futures, options and other derivative investment instruments. Finite difference and finite element methods for computing American option prices are discussed. A working knowledge of MAPLE or MATLAB is required to compute optimal portfolios.

Prerequisites/Corequisites: Prerequisite: MATH 1020.

When Offered: Fall term annually.



Credit Hours: 4