MACT 412/4213 - Mathematical Modeling with Applications (3 cr.)

Prerequisites

and

Description
Introduction to stochastic modeling and its applications in actuarial and financial problems. Overview on models in discrete and continuous times involving Random walk, Brownian motion, Poisson and compound Poisson processes. Introduction to stochastic differential equations, Ito calculus and diffusion processes. Applications in risk theory, and pricing problems and credit risk.

When Offered
Offered once a year.

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AUC New Cairo Campus

AUC Tahrir Square Campus

New York

MACT 412/4213 - Mathematical Modeling with Applications (3 cr.)