This is an introductory class on the application of knowledge learned from studying physics to the world of finance. Armed with basic understanding of statistics (will be reinforced in the class) and related problem solving methods learned in physics, we will explore the world of financial engineering. Using derivative as a tool, financial engineers invent products to help companies and investors manage risk and enhance returns, which also introduce new risks if applied improperly. As most internship applications start in the fall of year 3 for undergraduate students, this course provides a primer for students at physics department who are interested in applying for finance related jobs.

For a student to pass the course, at least 30% of the maximum mark for the examination must be obtained