2013 Unit of Study
The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).
The University of Sydney session calendar shows exact dates for sessions.
|Offered||Semester 1 and Semester 2|
|Assumed Knowledge||This unit requires students to have some background in calculus, matrix, statistics and probability.|
|Lectures||1x 3hr seminar per week|
|Assessment||Mid-term exam (20%); Group assignment (20%); Final exam (60%)|
|Description||The principle objective of this unit is to provide students with an introductory treatment of quantitative finance. Students are exposed to following key areas: consumption-based models; utility theory and mean-variance utility; choice under uncertainty; stochastic dominance; state-preference theory; theory of portfolio selection; risk neutral pricing; CAPM and arbitrage pricing theory (APT). Related mathematical tools are also covered by this course. A selection of special topics on practising financial theory in real life valuation or competition are also discussed.|