BUSN 3370 Investment Science
(Prior to Fall 2010, this course was known as BUS 70.7.
The information below might still reflect the old course numbers. Bracketed numbers, if any, are the old course numbers. Learn more...)
4 hours; 4 credits
Net present value, internal rate of return; yield, duration, immunization, and convexity of fixed-income securities; mean-variance portfolio theory, Markowitz model, CAPM, factor models, arbitrage pricing theory; models of asset dynamics, Ito's lemma, options theory, Black-Scholes equation, interest-rate derivatives. (This course is the same as Economics 3370 [70.7] and Mathematics 3601 [74.2].)
Prerequisite: Economics 3400 [30.2] or Business 3400 [30.2] or Mathematics *2501 [8.1] or Mathematics 3501 [51.1]; Economics 3410 [31.1] with a grade of B- or better; Economics 3310 [70.2] or Finance 3310 or [Business 3310] [70.2].