MACT 406/4212 - Stochastic Processes (3 cr.)

Prerequisites
MACT 2132 MACT 2141 and ( MACT 3211 or MACT 3224 )

Description
Introduction to stochastic process, discrete time Markov chain, Poisson process, Compound Poisson Processes and Renewal Processes, continuous-time Markov Chain, Transition probabilities and limiting behavior for Markov Chains, Martingales, Brownian Motion, applications in finance and insurance.

When Offered
Offered once a year.

Check course scheduling information

AUC New Cairo Campus

AUC Tahrir Square Campus

New York

MACT 406/4212 - Stochastic Processes (3 cr.)