This is a class on the application of knowledge learned from studying physics to the world of finance. Armed with basic understanding of statistics (will be reenforced in the class) and related problem solving methods leared in physics class, we will explore the world of finance. Using derivatives as a tool, financial engineers invent products to help companies and investors manage risk and enhance returns, which also introduces new risks if applied improperly.

As most internship applications start in the fall for campus recruitment, this course provides a primer for students in the Department of Physics 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