Continuous models. Continuous time stochastic processes: Poisson process, Markov chains, Renewal process, Brownian motion, including simulation of these processes. Applications to Black-Scholes model, insurance and ruin problems and related topics.
4
UnitsOptional
Grading1, 2
PasstimeNone
Level LimitLetters and science
CollegeGood lecturer, very passionate about the subject. Can get bogged down in theoretical concepts, but very fair on how he tests them. Midterm was challenging so gave lots of bonus opportunities and an easy final, gives extra credit to people who participate in class - sit in the front so he know you! Lectures genuinely needed to do well butinteresting
Homework takes forever, class only covers proofs and unrelated content. Loves to bring in super high-level concepts and introduce you to tons of new notation when it's not necessary. Gives lots of bonuses to people who participate in class but you need to already know his concepts to answer any of the questions, basically an abstract math class.
Decent lecturer. But if you don't like abstract math, don't take the class, loves to make things theoretical and complicated. Also PARTICIPATION matters a lot - let students remove 1/3 of the final just for participating but you need to read the book before lecture to answer any of his impossible questions. Also lecture is mando for all the proofs
Confusing , unorganized lecture ,and heavy homework, taught material way beyond student's ability. he says if you don't participate and answer questions in class you can never get A. He says the MT will be similar to exam but it is much harder. Everything is random and unorganized
Bro who thinks he is quite a funny person but found out our midterm grades are more funny to him
The lectures were poorly organized, and key concepts were not clearly explained, but his midterm is very difficult. He always talks boring jokes during classes. And he always said he is a "kind" person. DON NOT choose his any class!!!!!!!!!