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Mathematical signs and patterns
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Options and Mathematics

Course
MMG810
Bachelor’s level
7.5 credits (ECTS)
Study pace
50%
Time
Day
Location
Göteborg
Study form
Campus
Language
English
Duration
-
Application period
-
Application code
GU-11706
Tuition
Full education cost: 16 000 SEK
First payment: 16 000 SEK

No fees are charged for EU and EEA citizens, Swedish residence permit holders and exchange students.

More information about tuition fees

About

In this course you will get an introduction to mathematical finance with an emphasis on stock and currency options. The basic concepts of mathematical finance, such as arbitrage, self-financing strategies, hedging, etc, will be defined clearly in the context of the binomial model, where the stock process is a geometric random walk. When the number of periods in the binomial model goes to infinity, we obtain the famous Black-Scholes model.

Prerequisites and selection

Entry requirements

The equivalent of the courses MMG200 Mathematics 1 and MSG110 Probability theory.

Selection

All eligible applicants who have applied before the deadline will be granted a place.

Facilities

Mathematical Sciences is a joint department of Chalmers/University of Gothenburg. Your education takes place in the spacious and bright premises of Mathematical Sciences at the Chalmers campus Johanneberg, where there are lecture halls, computer rooms and group rooms. Here you can also find student lunch room and reading room, as well as student counsellors and student office.

Maps for Campus Johanneberg