Discrete probability models. Review of discrete and continuous probability. Conditional expectations. Simulation techniques for random variables. Discrete time stochastic processes: random walks and Markov chains with applications to Monte Carlo simulation and mathematical finance. Introduction to Poisson process.

Prerequisites: Mathematics 4A or 4AI or 5A, Mathematics 8 or PSTAT 8, and PSTAT 120A. A minimum letter grade of C or better must be earned in each course.

4

Units

Optional

Grading

1, 2

Passtime

None

Level Limit

Letters and science

College
Unlocks PSTAT 170 PSTAT 176 PSTAT 276
These majors only finms actsc stsds stsap stats
Tomoyuki Ichiba
3.8
16 reviews
ILP 4105
T
12:00 PM - 12:50 PM
25 / 25 Full

HSSB 2251
T
13:00 PM - 13:50 PM
25 / 25 Full

ILP 3316
T
14:00 PM - 14:50 PM
25 / 25 Full

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Winter 2024 . Zhu Zimu
PSYCH1902
M W
17:00 PM - 18:15 PM
Winter 2024 . Tan Ying
HSSB 1173
M W
08:00 AM - 09:15 AM
See All
PSTAT 160A Ichiba T Winter 2018 Total: 103
PSTAT 160A Ichiba T Fall 2016 Total: 69
See All
16
3.8
PSTAT160A . 7 Years Ago

The best professor in UCSB! If you see him just take it!

3 helpful 4 unhelpful
PSTAT160A . 9 Years Ago

There is weekly coding homework that is graded and there are weekly quizzes in section. The topic is quite tough but Ichiba grades fairly. He tries very hard to explain things in a way that will make sense and to assist the students whenever necessary. When I took the class, he had an optional extra credit project at the end of the quarter.

3 helpful 0 unhelpful
PSTAT160A . 9 Years Ago

Chill professor, easy grader. The midterm was easy, the final was impossible but he curved it hard.

1 helpful 1 unhelpful
PSTAT-213A . 2 Months Ago

[Fall 2024] 213A with Ichiba was a fine class, though I wish he did a better job at motivating the topics. He speaks softly which made it difficult to hear. Notwithstanding, his lectures were very clear and he was very kind. His exams were easy and straightforward, giving us a ton of leeway. He often gave good hints for homework, though not always.

0 helpful 0 unhelpful
PSTAT174 . 1 Year, 11 Months Ago

Professor Ichiba is very organized, grading criteria is very clear, and Final was a project instead of a test. This class was challenging but all the work was doable. His lectures sadly are very boring and you don't necessarily need to attend class as it's all posted online. He clearly is a very intelligent guy.

0 helpful 0 unhelpful
PSTAT8 . 2 Years Ago

Really accommodating and helpful

0 helpful 0 unhelpful
See all 16 reviews
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PSTAT 160A
64 / 75 Enrolled
Applied Stochastic Processes
V. PALANIAPPAN 3.7
T R
17:00 PM - 18:15 PM
38.0% A
PSTAT 160B
75 / 75 Full
Applied Stochastic Processes
V. PALANIAPPAN 3.7
T R
18:30 PM - 19:45 PM
49.7% A
PSTAT 170
100 / 100 Full
Introduction to Mathematical Finance
Tan Ying 4.7
T R
08:00 AM - 09:15 AM
33.3% A
PSTAT 171
19 / 100 Enrolled
Mathematics of Fixed Income Markets
Hal Pedersen 2.1
T R
08:00 AM - 09:15 AM
29.1% A
PSTAT 173
49 / 75 Enrolled
Risk Theory
Hal Pedersen 2.1
T R
12:30 PM - 13:45 PM
26.6% A
PSTAT 174
80 / 80 Full
Time Series
Tan Ying 4.7
T R
11:00 AM - 12:15 PM
50.0% A
PSTAT 175
75 / 75 Full
Survival Analysis
Wang Y-D
M W
17:00 PM - 18:15 PM
41.0% A