Submitted by homeboi808 t3_11eboab in personalfinance
Inebriated_Economist t1_jad4tna wrote
For a math-based financial planning course--retirement planning with Monte Carlo simulation, assumptions of a Monte Carlo model, reasonability of MC assumptions, Markov Chain Monte Carlo methods, impacts of different distributional assumptions and its impact on projected time to retirement.
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For a more advanced class--GARCH methods for managing volatility with extensions to Black-Scholes, using derivatives to hedge tail risk, combining tail risk discussions with scenarios from earlier discussions on Monte Carlo.
homeboi808 OP t1_jadozj7 wrote
Monte-Carlo is actually in my text; however my course is a remedial one, so I'd only do that if I wanted to torture them.
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