Introduction to Mathematical Finance Spring, 2009 Math 594 Group Studies Call Number: 21762-7 T R 2:30-3:48, UH 0028 Instructor: Chunsheng Ban Description: Based on the binomial asset pricing model, this course introduces students to the basic mathematics used in financial asset pricing. It provides students with background ideas, intuition, and motivation, and prepares students for further study in stochastic calculus in continuous time. Prerequisite: Mathematics 530 or Statistics 420, or permission of instructor. Text: Stochastic Calculus for Finance I: the Binomial Asset Pricing Model by Steven E. Shreve, Springer 2004 Remark: This course is not directly related to the actuarial exams, but it provides deeper mathematical insight to derivative pricing, which is part of Exam FM and Exam MFE. The course is listed as Math 594 for 2009 spring. It will be Math 589 in the future.