This course provides a rigorous introduction to asset pricing and quantitative finance. The first part of the course covers fundamental topics such as the time value of money and classical portfolio theory. The second part of the course consists of an introduction to financial derivatives and the modeling of asset prices, first in a discrete-time setting and then in a continuous-time setting. The relevant tools of stochastic calculus will be presented together with their financial applications.
- Teacher: Claudio Fontana