Experimental cinema and new media: Form and narrative (ANTH0083)

Currently policies and practices affecting Higher Education around the world are strongly influenced by factors which derive from outside the relevant national...

Higher Education: Comparative and International Perspectives (EDPS0032)

Currently policies and practices affecting Higher Education around the world are strongly influenced by factors which derive from outside the relevant national context. Specifically, the forces of globalization, technological change and the influences of cross national comparisons and of global agencies, such as the OECD, have radically changed the frames within which HE policy makers and providers now operate within. This module sets out to investigate, analyse and critique the nature of these influences through the adoption of a perspective derived from the fields of comparative and international studies of Higher Education. This module is not designed to provide extended descriptions of the HE systems of a range of different nations or regions nor will it seek to identify institutional best practices or recipes for what works. The sessions include lectures and discussions, and there are opportunities to draw on experiences from professional practice. The module is compulsory for all course members of the MA in Higher Education Studies, but is also available to other individuals with experience working in the Higher Education sector (e.g. HE Teaching, Administration or Planning, or in relevant Agencies such as Quality assurance, International education, relevant consultancy work).

EXOTIC OPTIONS|MONTE CARLO METHODS|STOCHASTIC VOLATILITY|JUMP DIFFUSION MODELS

This module is for students interested in how Quant Finance is used in financial institutions. It further develops the topics covered in cores modules that are...

Further Topics in Mathematical and Computational Finance (MSIN0229)

This module is for students interested in how Quant Finance is used in financial institutions. It further develops the topics covered in cores modules that are based on the classic 1973 Black-Scholes model, and applied to complex derivatives.

The course will commence with Exotic options, thus extending the largely plain vanilla type products studied earlier and cover the following topics:

Classification of exotics; discrete and continuous sampling methods; barriers, Asian, lookbacks; updating rules.
	Computational methods - Finite Difference Methods (explicit and implicit techniques, numerical linear algebra) and Monte Carlo techniques will form the core of this module.
Incomplete markets topics:

Stochastic volatility modelling, popular models and pricing equations (Heston, 3/2, Ornstein-Uhlenbeck, Stein & Stein) and jump diffusions.
	Jump diffusion – Poisson processes for capturing jumps, extending earlier models to model jumps. Merton’s model