Describes mathematical methods for estimating and evaluating asset pricing models, equilibrium and derivative pricing, options, bonds, and the term-structure of interest rates. Also introduces finance optimization models for risk management and financial engineering.
4
UnitsOptional
Grading1, 2
PasstimeNone
Level LimitLetters and science
CollegeOne of the best professors in the stats department. His understanding to financial math materials are unparalleled. Hard exmas and hard homeworks, but office hours are extremely helpful. You are actually going to learn practical stuff from Professor Ludkovski. Strongly recommended.
Very clear and straightforward professor who lectures well. The material he teaches is hard so his classes are difficult but he makes it as comprehendible as possible. 2nd time taking him, would take again as his exams are very much exactly what he teaches. Go to lectures and put in the work and you'll for sure get the A
Okay prof, but beware he writes small. Also too many typos in the hw.
The best statistics professor I've had. Ludkovski knows what's up, and has a sense of humor. The Russian accent is nice to listen to. You are going to have to work hard in this class but you will learn a lot. Tests are challenging and test for knowledge rather than just recycling homework or practice test questions. The final curve gave ~7%.
The classes he teaches just happen to be challenging courses but overall a good teacher. Tests are harder than expected. Have to work hard to get the grade.
Ludkovski is a tough grader. I had a very hard time getting over a 80% own any homework even though my answers were correct, he was expecting more thorough explanations. This is basically the bad part. The good part is his lectures are awesome, he teaches the material very well, and you'll learn a lot. He's my favorite professor at UCSB.