About this pathway
Financial Modeling goes deep on the quantitative models that underpin modern derivatives trading and risk management. From Black-Scholes to volatility surfaces, you will learn to build, critique, and extend the models used at hedge funds and investment banks.
Who it's for
Aspiring quant traders, structurers, and researchers. Especially valuable for those targeting derivatives desks, volatility trading, or systematic macro strategies.
Skills covered
Course modules
Example problems
A taste of what you'll work through.
A call option: K=100, S=98, σ=0.25, T=0.5yr, r=0.04. Find the delta and interpret it as a probability.
You are delta-neutral but not gamma-neutral. What market move will hurt your position most?
Why does implied volatility smile exist in equity options? What does it say about the risk-neutral distribution?
Expected outcome
You will be able to derive and critically evaluate options pricing models, articulate assumptions and limitations, and solve derivative pricing problems that come up at top trading firms.