Course Descriptions

The Course Descriptions catalog describes all undergraduate and graduate courses offered by Michigan State University. The searches below only return course versions Fall 2000 and forward. Please refer to the Archived Course Descriptions for versions prior to Fall 2000.

Course Numbers Policy
Definitions of Course Characteristics (pdf)
Course Descriptions Frequently Asked Questions

Course Search




Keyword Search



Course Descriptions: Search Results

STT 888  Stochastic Models in Finance

Semester:
Spring of every year
Credits:
Total Credits: 3   Lecture/Recitation/Discussion Hours: 3
Recommended Background:
STT 441 or STT 861
Description:
Stochastic models used in pricing financial derivatives. Discrete-time models, Brownian motion, stochastic integrals and Ito's formula, the basic Black-Scholes model, risk neutral distribution, European and American options, exotic options, the interest rate market, futures and interest rate options.
Semester Alias:
STT 887
Effective Dates:
FALL 2001 - SUMMER 2007


STT 888  Stochastic Models in Finance

Semester:
Spring of even years
Credits:
Total Credits: 3   Lecture/Recitation/Discussion Hours: 3
Recommended Background:
STT 441 or STT 861
Description:
Stochastic models used in pricing financial derivatives. Discrete-time models. Brownian motion. Stochastic integrals and Ito's formula. Basic Black-Scholes model. Risk neutral distribution. European and American options. Exotic options. Interest rate market, futures, and interest rate options.
Semester Alias:
STT 887
Effective Dates:
FALL 2007 - Open