BUS5900

Advanced computational finance ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Paul Lajbcygier

Offered:
Clayton First semester 2005 (Day)

Synopsis: The use of computing technology for the solution of applied investment and finance problems is taught in this unit. An introduction to share, futures and option pricing theory is provided, however the focus remains on the solution of applied investment problems using computing technology rather than on investment theory per se. To this end, students analyse data from financial markets in spreadsheet and statistical packages. The benefit of this focus is that it provides students with a very practical know-how on how to create working solutions to investment problems and is therefore relevant to students interested in a career combining finance and/or accounting with computing.

Assessment: Lab participation: 7.5% + Assignments: 17.5% + Mid semester test: 15% + Examination (2 hours): 60% + Students must pass the examination in order to pass the unit.

Contact Hours: One 2-hour lecture and one 1-hour laboratory per week

Prerequisites: BUS9530 or equivalent

Prohibitions: BUS3900