81
Åbo Akademi University 2014/2015
ÅBO CAMPUS
Black-Scholes formula is derived as well as the mathematical
theory of pricing American options in discrete time.
Teaching methods: Lectures and exercises (6 contact hours
per week)
Entry requirements: Financial mathematics I, an intermediate
course in probability theory and real analysis.
Target group: undergraduate (MA) and graduate students in
mathematics and statistics
Form of assessment: Homework and written examination
Course literature: The lectures are based on the following
literature:
Cox, J.C., Rubinstein, M.: Optionsmarkets, Prentice-Hall, 1985;
Foellmer H., Schied, A.: Stochastic finance; An introduction in
discrete time (2nd edition), de Gruyter 2004;
Hull, J.C.: Options, futures and other derivatives (4th edition),
Prentice Hall, 2000;
Lamberton, D., Lapeyre, B.: Introduction to stochastic calculus
applied to finance, Chapman & Hall, 1996, 2 ed. 2007;
Panjer, H.H (ed): Financial economics; with applications to
investments, insurance and pensions, The Actuarial Founda-
tion, 1998;
Medina P.K. and Merino, S.: Mathematical finance and prob-
ability; a discrete introduction, Birkhauser, 2003;
Shreve, S.E.: Stochastic calculus for finance I: the binomial
asset pricing model, Springer, 2004;
Shreve, S.E.: Stochastic calculus for finance II: the continuous
time models, Springer, 2004.
Stochastic Modeling
10 credits
Intermediate/Advanced level
Lectures and exercises
Offered: Spring 2015
Lecturer/Contact: Professor Paavo Salminen
Aim: To present and analyze some much used stochastic
processes and models from theoretical and practical points
of view.
Contents: Discrete time Markov chains, continuous time
Markov chains, Random fields, Point processes, Brownian
motion and diffusions.
Learning outcomes: After the course the participants should
understand the basic elements of stochastic modelling
and recognize situations and phenomena suitable for such
modeling.
Teaching methods: Lectures and exercises (6 contact hours
per week).
Entry requirements: Knowledge of basic statistical methods;an
intermediate course in probability
Target group: undergraduate (MA) and graduate students in
mathematics and statistics
Form of assessment: Homework and written exam
Course literature:
Guttorp, P.: Stochastic modeling of scientific data. Chapman
and Hall 1995;
Ross, S.M.: Introduction to probability models. Academic
Press 2007
Organic Chemistry
The laboratory of organic chemistry offers both undergradu-
ate and graduate courses in organic chemistry. The basic
organic chemistry courses are lectured in Swedish but in
some cases can also be arranged in English for international
students. All enquiries should be directed to the teacher in
charge. Some courses in advanced organic chemistry are of-
fered in English and in Swedish. Students are also welcome
to do laboratory practice in different research groups. Our
current research projects are focused on the development of
new methods for organic synthesis, preparation of pharma-
ceutically interesting compounds, natural product chemistry
and environmental organic chemistry. For more information
on our courses, please contact the teaching personnel at the
laboratory of organic chemistry.
Organic chemistry III
263203.0
5 credits
Advanced level
Self-study course
Offered: Upon agreement
Lecturer(s): Leif Kronberg
Aim(s): To introduce theoretical organic chemistry for profes-
sionals in trade and industry.
Contents: Advanced structure and bonding theory in organic
chemistry and electron theory. Reaction mechanisms in or-
ganic chemistry. Introduction to stereochemistry. Applications
of physical methods in organic chemistry.
Prerequisites: Organic chemistry II (NatVet or KT)
Form of assessment: Examination
Course literature: Organic Chemistry, John McMurry, Brooks/
Cole, 1994
Principles of organic stereochemistry
263209.0
4 credits
Advanced level
Lectures and seminars
Offered: Spring 2015 (to be confirmed)
Lecturer(s): Reko Leino
Aim(s): The course provides the conceptual background to
the stereochemistry of organic compounds
Contents: The course provides the conceptual background
to the stereochemistry of organic compounds. Properties
of enantiomers and racemates in chemical and biological
applications as well as spectroscopic and chromatographic
methods for their elucidation are discussed together with
a short introduction to asymmetric and diastereoselective
synthesis.
Prerequisites: Organic Chemistry II (NatVet or KT) or equiva-
lent studies.
Form of assessment: Examination
Course literature:
B. Testa, Principles of Organic Stereochemistry, Marcel Dek-
ker, 1979;
E. L. Elien, S. H. Wilen, Stereochemistry of Organic Compounds,
Wiley, 1993 (selected Chapters).
Environmental organic chemistry
263212.0
5 credits
Advanced level
Self-study course
Offered: Upon agreement
Contact: Leif Kronberg
Aim(s): To introduce to student to environmental organic
chemistry.
Contents: Pollutants, heterocyclic compounds and pharma-
ceuticals in the environment.
Prerequisites: Organic chemistry II
Form of assessment: Examination
Course literature: R.P. Schwarzenbach, P.M. Gschwend and
D.M. Boden Publisher: Title: Environmental Organic Chemistry
