Skip to main content
Future Students Alumni Library Athletics & Recreation
 Mobile
Students
  • Studying & Academics
    • Academic Calendars and Governance
    • Academic Integrity
    • Advising and Support
    • Exams
    • Global Engagement and Exchanges
    • Graduate and Postdoctoral Studies
    • Library
    • Online Learning
    • Programs
    • Research
  • Student Life
    • Dean of Students
    • Dining on Campus
    • Equity, Diversity and Inclusion
    • Indigenous Student Services
    • International Student Support
    • Residence and Off-Campus Housing
    • Student Organizations
    • Sustainability
  • Wellness & Recreation
    • Athletics and Recreation
    • Gendered Violence Prevention and Support
    • Human Rights and Conflict Management
    • Safety
    • Student Wellness Centre
    • Wellness Education
  • Work, Leadership & Volunteering
    • Career and Employment Support
    • Community and Workplace Partnerships
    • Co-op
    • Innovation and Entrepreneurship
    • Experience Record
    • Working on Campus
    • Student Teaching Development
    • Volunteering
  • Registration & Finances
    • Convocation and Graduation
    • Enrolment Services
    • Financial Aid
    • Graduate Funding and Awards
    • Money Management
    • OneCard
    • Course Registration Guide
    • Scholarships and Bursaries
    • Tuition and Fees
  • Services & Spaces
    • Childcare Services
    • Classrooms and Spaces
    • Educational Technologies
    • Parking and Transportation
    • Printing Services
    • Prism Resources
    • Retail and Mail Services
    • Tech Services

    • Home
    • Programs
    • Science
    • Mathematics
    • MA370A: Financial Mathematics II (Fall 2020)

    MA370A: Financial Mathematics II (Fall 2020)

    Jan. 15, 2020
    Print | PDF

    Calendar Description

    Discrete-time financial models and riskless asset pricing. Notion of arbitrage, martingale measure, and complete and incomplete markets. Fundamental theorems of asset pricing. Static and dynamic hedging and replication. Change of numeraire and equivalent martingale measures. Introduction to options and risk-neutral pricing. Stopping times and American option pricing. Introduction to the Black-Scholes theory and sensitivity analysis for options. Optional topics: introduction to single-factor interest rate modelling and pricing of fixed income securities.

    Prerequisites

    MA270.

    Co-requisites

    ST359.

    Instructor

    Yongzeng Lai
    E-Mail: ylai@wlu.ca
    Office: LH3037 (Lazaridis Hall), Telephone: ext. 2107
    Office Hours: Wednesday: 2:30 pm – 3:30 pm, or by appointment (all online with Zoom, without recording)

    Lectures

    MA370A: Monday & Wednesday, 4:00pm - 5:20 pm. Room: Online

    Textbook

    G. Campolieti and R.N. Makarov. Financial Mathematics: A Comprehensive Treatment. CRC Press, 2014.

    Calculators

    Students may use a non-programmable, non-graphing calculator on course tests and the final examination.

    MyLearningSpace

    Materials related to this course and the full course outline will be posted on the MA370 MyLearningSpace website. You are responsible for checking here on a regular basis for important announcements.

    Evaluation

    A final mark out of 100 will be calculated as follows:


    • Assignments: 15%
    • Tutorial participation and quizzes: 15%
    • Midterm Test (Monday, October 26, 2020, during class time, 80 minutes): 30%
    • Final Exam (2.5 hours, exact date, time and location to be announced): 40%

    Students must achieve a score of at least 40% of the marks available on the final examination to be eligible to pass the course. The final mark will be reported as a letter grade in accordance with the conversion table of the current undergraduate calendar.

    This document is a summary of the course outline for MA370 and is provided for the convenience of students.

    Unknown Spif - $key
    Wilfrid Laurier University
    • Locations, Maps & Parking
    • Contact Us
    • Accessibility
    • Campus Status
    • Social Media Directory
    • Instagram
    • Twitter
    • Facebook
    • Linked In
    • Email
    • Youtube

    WILFRID LAURIER UNIVERSITY

    • Waterloo
    • Brantford
    • Milton
    • Kitchener

    © 2025 Wilfrid Laurier University

    We use cookies on this site to enhance your experience.

    By selecting “Accept” and continuing to use this website, you consent to the use of cookies.