Overview
MATH3311 is a Mathematics Level III course.
Units of credit:听6
Prerequisites: (MATH2121 or MATH2221 or MATH2111) and (MATH2501 or MATH2601) and (MATH2801 or MATH2901 or MATH2871)
Exclusion courses:听惭础罢贬5335
Cycle of offering:聽Term 2聽
Graduate attributes:聽The course will enhance your research, inquiry and analytical thinking abilities.
More information:聽The course outline contains information about course objectives, assessment, course materials and the syllabus.
Important additional information as of 2023
国民彩票 Plagiarism Policy
The University requires all students to be aware of its聽.
For courses convened by the聽School of Mathematics and Statistics no assistance using generative AI software is allowed unless specifically referred to in the individual assessment tasks.
If its use is detected in the no assistance case, it will be regarded as serious academic misconduct and subject to the standard penalties, which may include 00FL, suspension and exclusion.
罢丑别听聽contains up-to-date timetabling information.
If you are currently enrolled in MATH3311, you can log into聽聽for this course.
Course aims
Ultimately finance is concerned with making definite numerical recommendations, typically only achievable using high-speed computers to analyse sophisticated models. This course studies the design, implementation and use of computer programs to solve practical mathematical problems relevant to finance, insurance and risk management.
Course description
During the course, students undertake a review of MATLAB, floating point numbers, rounding error and computational complexity. We explore a selection of topics, including approximation and parameter estimation, Fourier series and the FFT, finite difference approximations, partial differential equations (heat equation), sparse linear systems, non-linear algebraic equations, trees, Monte Carlo methods and simulation, random numbers and variance reduction, numerical integration, and computing environments for mathematical finance. We also look at practical examples and programming assignments using MATLAB.