Game theory. (2 Viewers)

[BackCountrySnow]

yeah, i remember reading something about game theory at ANU but I'm pretty sure that was only for hons.

 

[Cookie182]

just a quck query as im gathering most of us are commerce students, but i was wondering how much general mathematical comprehension a commerce grad has these days (assuming they don' do a double degree in mathematics or a specialised degree like mathematical finance)

I do commerce/law, but that only allows for one major and at UOW the most mathematical is eco but even then i have concerns that i will be mathematically adpt to basically enter any career (either finance or otherwise).

For instance, are many of you (particulalry 1st/2nd years) comfortable with probability, financial calculus and even financial derivative pricing models- such as deriving the Black-Scholes model for option pricing, pricing euro/american call/puts, exotics... and also optimization theory etc etc

im currently trying to teach myself this shit out of a supposedly 'beginner textbook' but ive only ever done 2 unit math in high school and am already completley lost lol

 

[BackCountrySnow]

but doesn't comm only assume you know 2u maths anyway?

I do 3u, thinking of doing econ.

 

[pLuvia]

just a quck query as im gathering most of us are commerce students, but i was wondering how much general mathematical comprehension a commerce grad has these days (assuming they don' do a double degree in mathematics or a specialised degree like mathematical finance)

I do commerce/law, but that only allows for one major and at UOW the most mathematical is eco but even then i have concerns that i will be mathematically adpt to basically enter any career (either finance or otherwise).

For instance, are many of you (particulalry 1st/2nd years) comfortable with probability, financial calculus and even financial derivative pricing models- such as deriving the Black-Scholes model for option pricing, pricing euro/american call/puts, exotics... and also optimization theory etc etc

im currently trying to teach myself this shit out of a supposedly 'beginner textbook' but ive only ever done 2 unit math in high school and am already completley lost lol

You should have had some first level statistics course which basically covers the basics statistics needed for the BS model, puts/calls don't really need that much maths, pretty much just formula plugging in.

Other than that I don't think a high level of maths is needed for a com degree (depending on your major). Because I know MACQ, USYD, UNSW make you do some level of maths/stats not sure about UOW

 

[velox]

Pluvia, do you do much estimation in your acst course?

 

[pLuvia]

Pluvia, do you do much estimation in your acst course?

We haven't done much on that yet, I think we start doing it in our next stat course next sem, but we haven't done much thus far