Upon successful completion of this course, the student will be able to
- have an easier time in understanding the mathematical concepts when taking courses on or related to math finance (such as IAM 541 Probability Theory and IAM 526 Stochastic Calculus for Finance course in our program);
- find research material on math finance more mathematically accessible (such as current research papers on math finance or textbooks on the subject). It takes an enormous effort to get used to the technical language that is prevalent today in the field of mathematical finance. After taking this course,the student will find it easier and quicker to master this technical language.
- find it easier to work on research problems in mathematical finance and related fields which use the language of real analysis, linear algebra and multivariable calculus.