M A T H E M A T I C A L B U S I N E S S
Course ID: 016064
Introduction to Corporate Finance
Time value of money. Loans, debts, and mortgages. Basic stock valuation. Bonds. Cash flow analysis. Capital budgeting. CAPM. Options and corporate finance.
Prereq: AFM 101, ECON 101; one of MATH 128 or 138 or 148; one of STAT 220 or 230 or 240.
Antireq: ACTSC 221, 231, 371, ECON 371, AFM 272, 273, BUS 283W
Course ID: 013755
Derivatives
Overview of the derivatives markets. Pricing of derivatives, including futures, forwards, swaps, and options. Hedging vs. speculating. Option Greeks. Trading strategies. Case studies.
Prereq: (One of AFM 275/AFM 372/ACTSC 391, ACTSC 371, BUS 393W), (STAT 334 or (STAT 330 and 333)).
Antireq: AFM 322/474, ACTSC/STAT 446, BUS 423W, ECON 372
Course ID: 013865
Fixed Income Securities
Analysis of fixed income securities. Duration, convexity. Structured products. Market characteristics. Valuation of bonds with embedded options. Accounting and taxation issues.
Prereq: ACTSC 231 and (ACTSC 372 or BUS 393W) or AFM 275/AFM 372/ACTSC 391; Business/Math double degree, Math/Accounting, or Math/Financial Analysis and Risk Management students only.
Antireq: AFM 425/475, BUS 449W
Course ID: 013866
Risk Management
Principles of Risk Management. Market, credit, and operational risk management. Risk measures. Hedging strategies and risks in hedging. Credit migration. Global financial market regulation. Case studies.
Prereq: One of ACTSC 372, AFM 275/AFM 372/ACTSC 391, BUS 393W; Business/Math double degree, Math/CPA, or Math/Financial Analysis and Risk Management students only.
Antireq: ACTSC 445, AFM 422, BUS 433W