This course introduces students into programming based on R and demonstrates several useful applications of R in finance. The course gives students an advantage when pursuing a career in the financial industry.
After completing this course, students will have the ability to:
Knowledge:
- recall the principles of programming in R;
Skills:
- obtaining and analyzing financial data;
- estimate return characteristics;
- compute efficient portfolios by means of Markowitz optimization;
- recall the principles of single index models;
- estimate index models;
- price options by means of Monte-Carlo simulation;
- compute risk measures.
General competence:
- utilize the obtained programming and modeling skills for solving problems in finance.