Academic Catalog

IAM749 NUMERICAL METHODS WITH FINANCIAL APPLICATIONS

Course Code:	9700749
METU Credit (Theoretical-Laboratory hours/week):	3(3-0)
ECTS Credit:	8.0
Department:	Institute Of Applied Mathematics
Language of Instruction:	English
Level of Study:	Graduate
Course Coordinator:	Prof.Dr. AYÞE SEVTAP KESTEL
Offered Semester:	Fall or Spring Semesters.

Course Content

Several of numerical methods used in financial analysis for the use of computation of option price by finite difference and other methods; numerical solution of portfolio management strategies; identification of models; Monte Carlo methods; and numerical implications of stochastic volatilities.