Subsequently, different option contracts (European and American call options) and the option valuation method based on binomial trees will be introduced. This knowledge forms the starting point of the standard model of quantitative finance; the Black-Scholes-Merton model. The Corporate Finance part of the course addresses questions such as: which investment projects are optimal to undertake? And how should firms and their investment projects be financed? To this end, topics as capital structure, cost of capital, investment return measurement and dividend policies are covered.
Entry requirements
The module PrEMAS 1: Mathematical Methods for Actuaries or equivalent.
Literature
Mandatory literature to be purchased by the student:
Quantiative Finance
- J.C. Hull. Options, Futures and Other Derivatives, 11th edition. Pearson Education ltd, 2021. ISBN: 9781292410654 (the 11th edition is leading, however, earlier editions also suffice)
Corporate Finance
- Corporate Finance, Fifth Edition, Jonathan Berk / Peter DeMarzo - Pearson Education Limited, ISBN: 9781292304151
Teachers
- Dr. Gerrit Jan van den Brink RA - Corporate Finance
- Dr. Koos Gubbels AAG - Quantitative Finance
Important to know
- Lectures start on Monday 5 January 2026 from 18.00-21.00 with Corporate Finance. Lectures for Quantitative Finance start on 23 February 2026. The complete schedule for lectures and exams will be published in the group page which you can access after enrolment.
- Exams are planned on the following dates:
- exam CF: 23 February 2026
- resit CF: 16 March 2026
- exam QF: 4 May 2026
- resit QF: 8 31 August 2026
Please note that these dates are preliminary - The first 7 lectures are dedicated to Corporate Finance, the remaining 8 lectures to Quantitative Finance.
- The costs for this module are € 3.575 excluding literature which has to be purchased by the student.