VVZ API is not affiliated with ETH Zurich. Data might be outdated or incorrect. Please view the official ETHZ Vorlesungsverzeichnis for binding information.
Continuous Time Quantitative Finance (University of Zurich)
Last Updated: 2026-07-21 00:35:38
Abstract
American Options, Stochastic Volatility, Lévy Processes and Option Pricing, Exotic Options, Transaction Costs and Real Options.
Objective
The course focuses on the theoretical foundations of modern derivative pricing. It aims at deriving and explaining important option pricing models by relying on some mathematical tools of continuous time finance. A particular focus on jump processes is given. The introduction of possible financial crashes is now essential in some models and a clear understanding of Poisson processes is therefore important. A standard background in stochastic calculus is required.
Content
Stochastic volatility models Itô's formula and Girsanov theorem for jump-diffusion processes The pricing of options in presence of possible discontinuities Exotic options Transaction costs
Resources
Lecture Notes
See:http://www.isb.uzh.ch/institut/staff/chesney.marc/teaching/
Literature
See: http://www.isb.uzh.ch/institut/staff/chesney.marc/teaching/