1 Online Part time Course Programmes in Calculus 2024

Online Part time Course Programmes in Calculus 2024Filter
    • York, United Kingdom

    Part time

    4 Months

    Distance learning

    English

    The authors study the Wiener process and Itô integrals in some detail, with a focus on results needed for the Black–Scholes option pricing model. After developing the required martingale properties of this process, the construction of the integral and the Itô formula (proved in detail) become the centrepiece, both for theory and applications, and to provide concrete examples of stochastic differential equations used in finance.