COURSE TITLE: STOCHASTIC CALCULUS
COURSE CODE: MTRM6030
Stochastic calculus is a branch of mathematics that operates on stochastic processes. The methods of stochastic calculus have turned out to be most suitable for an adequate description of the evolution of basic (bonds and stocks) and derivatives (forwards, futures, options etc) securities.
The course aims at providing students with the tools required for a rigorous understanding of financial modelling and pricing techniques and therefore provides the mathematical grounding for financial derivatives.