Handbook

PREREQUISITE: Students must be enrolled in the Master of Financial Mathematics or have passed one of MTH2010, MTH2015, MTH2019, MTH2040, ENG2005 or ETC2440; and one of MTH2222 or ETC2520.

If you would otherwise have passed the unit but you do not achieve at least 45% of the marks available for the continuous assessment you will receive a Hurdle Fail (NH) grade and a mark of 45 on your transcript.

If you would otherwise have passed the unit but you do not achieve at least 45% of the marks available for the end-of-semester examination you will receive a Hurdle Fail (NH) grade and a mark of 45 on your transcript.

• Applies to all offerings

• Applies to all offerings

• Three 1-hour lectures and
• One 1.5-hour applied class per week (in weeks 2-12)

Dimitri P. Bertsekas and John N. Tsitsiklis, Introduction to Probability, Athena Scientific, 2002.

Gregory F. Lawler, Introduction to Stochastic processes, Second Edition, Chapman and Hall, 2006.

Henry C. Tuckwell, Elementary Applications of Probability Theory, Chapman and Hall, 1988.

Howard M. Taylor and Samuel Karlin, An Introduction to Stochastic Modeling, Academic Press, 1984.

Peter Guttorp, Stochastic Modeling of Scientific Data, Chapman & Hall, 1995.

Sheldon M. Ross, Introduction to Probability Models, Academic Press, 2007.