Course Description

This comprehensive course in Economics & Finance, offered by WasedaX, is designed to progress through three levels of proficiency: beginner, intermediate, and professional. Each level builds on the last, starting from fundamental principles provided by the Black-Scholes theory to complex financial derivatives and proprietary trading systems used in professional settings.

What Students Will Learn

• Professional application of the Black-Scholes model.
• Precise option pricing with the simple binomial model tailored to individual hedging needs.
• Advanced design and trading of sophisticated, tailor-made derivative products.

Prerequisites or Skills Necessary

• Mathematics knowledge is essential with varying levels of proficiency required at each stage:
• Linear algebra, such as two-variable simultaneous equations, vectors, matrices, and determinants for beginners.
• Advanced calculus, probability, statistics, basic stochastic calculus, and familiarity with the Black-Scholes model for intermediate learners.
• Advanced mathematical concepts like Lie algebra and Lie group, operational calculus, and advanced probability modeling for the professional level.

Course Content Overview

• Understanding the Black-Scholes theory and its practical applications.
• Advanced techniques in option pricing and hedging strategies.
• Proprietary trading system design and multi-risk management in financial trades.
• Closed-form solutions for futures and European options.
• Complex financial theories and mathematical models for professional trading.

Who This Course Is For

This course is aimed at individuals who are looking to deepen their understanding of financial markets and instruments, including students with a background in economics and finance seeking advanced knowledge, finance professionals aiming to upgrade their trading strategies, and academics interested in the theoretical underpinnings of financial models.

Real-World Applications

Learners can apply the skills and knowledge from this course in various practical ways, including:

• Enhancing their professional ability in financial markets with advanced trading strategies.
• Implementing risk management solutions for personal or institutional investments.
• Developing proprietary trading algorithms and models for financial institutions.
• Conducting academic research or teaching advanced concepts in economics and finance.