6 ECTS credits
150 h study time

Offer 1 with catalog number 4015707FNR for all students in the 2nd semester of even academic years (e.g. 2012-2013) at a (F) Master - specialised level.

Semester
biennial: 2nd semester of an even academic year (e.g. 2012-2013)
Enrollment based on exam contract
Impossible
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Yes
Enrollment Requirements
Students must have followed ‘Stochastic Processes’ , before they can enroll for ‘Financial modelling’.
Taught in
Dutch
Faculty
Faculteit Wetenschappen en Bio-ingenieurswetensch.
Department
Mathematics
Educational team
Yves-Caoimhin SWAN (course titular)
Activities and contact hours
30 contact hours Lecture
30 contact hours Seminar, Exercises or Practicals
Course Content
  1. Non-asymptotic approximations
  2. Stein’s method for Wasserstein bounds in normal approximation
  3. Sein couplings: Exchangeable pairs, size-, zero- and X-P bias transforms
  4. Berry-Esseen bounds
  5. Bounds in Wasserstein distance through comparison of operators
  6. Further topics
Course material
Digital course material (Required) : Course available on the learning platform, Learning platform
Handbook (Recommended) : Normal approximation by Stein’s method, Chen, L. H., Goldstein, L., & Shao, Q. M., Springer Science & Business Media, 2010
Additional info

none

Learning Outcomes

General competencies

  • The student knows the basics of Stein’s method
  • The student can work with articles and present a scientific topic for the audience
  • The student is able to start a master these within this research area

Grading

The final grade is composed based on the following categories:
Written Exam determines 30% of the final mark.
PRAC Practical Assignment determines 70% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

  • Written exam with a relative weight of 1 which comprises 30% of the final mark.

Within the PRAC Practical Assignment category, the following assignments need to be completed:

  • Project with a relative weight of 1 which comprises 70% of the final mark.

Additional info regarding evaluation

Project 70%

Written exam 30%

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This offer is part of the following study plans:
Master of Mathematics: Financial and Applied Mathematics (only offered in Dutch)