ME-431 Quantitative Methods in Finance (Autumn 2025)
- ECTS Credits:
- 7.5
- Responsible department:
- School of Business and Law
- Course Leader:
- Ida Maria Landgärds-Tarvoll
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
Table of contents
The course is connected to the following study programs
- Master's Programme in Business Administration
- Master's Programme in Business Administration (5 years)
Teaching language
English
Recommended previous knowledge
ME-201 Quantitative data analysis or equivalent course.
Learning outcomes
Upon completion of this course the student should be able to:
- safely apply appropriate methods and concepts such as R-programming, portfolio theory, expected utility theory and measuring risk attitudes, in order to solve decision problems under uncertainty
- demonstrate advanced knowledge of and be able to safely carry out matrix/vector algebra, including, but not limited to, matrix/vector multiplication, determinants of matrices, and definiteness of matrices
- demonstrate solid understanding of calculus and linear algebra in general, which the students should also be able to safely apply to solve problems in economics and finance
- safely solve optimization problems using the Lagrange multiplier and Kuhn-Tucker methods
Contents
The objective of this course is to endow the students with quantitative methods and programming tools required for financial economics. The students are going to learn how to apply the methods by working through practical examples drawn from and relevant for subsequent courses in the Analytical Finance specialization. After having learned matrix and linear algebra, the students are going to use this knowledge to solve optimization problems using the Lagrange multiplier and Kuhn-Tucker methods in the second part of the course.
Teaching and learning methods
The course consists of lectures and group-work sessions. Estimated workload is about 200 hours.
Examination requirements
Approved mandatory assignments. More information will be given in Canvas at the start of the semester.
Examinations
4-hour individual written examination under supervision. Assessment expression: letter grade, A-F.
Student evaluation
End of course evaluation in accordance with the quality system for education, chapter 4.1.
Offered as a free-standing course
Yes, if there are places available.
Admission Requirement if given as a free-standing course
Identical to the admission requirements for the programme.
Reduction of Credits
This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:
| Course | Reduction of Credits |
|---|---|
| SE-412 – Quantitative Financial Economics. | 7.5 |
Last updated from FS (Felles studentsystem)
Oct. 15, 2026 1:43:30 PM