ORIE 5582

Monte Carlo Methods in Financial Engineering

Cornell University · UGRD · Fall 2026

1 section
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An overview of Monte Carlo methods as they apply in financial engineering. Generating sample paths. Variance reduction (including quasi random number), discretization, and sensitivities. Applications to derivative pricing and risk management.

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Class #cornell_2-ORIE5582Fall 2026UGRD2 credits
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