| Call Number | 13275 |
|---|---|
| Day & Time Location |
MW 1:10pm-2:25pm To be announced |
| Points | 3 |
| Grading Mode | Standard |
| Approvals Required | None |
| Instructor | Karl Sigman |
| Type | LECTURE |
| Method of Instruction | In-Person |
| Course Description | Introduction to stochastic processes and models, with emphasis on applications to engineering and management; random walks, gambler’s ruin problem, Markov chains in both discrete and continuous time, Poisson processes, renewal processes, stopping times, Wald’s equation, binomial lattice model for pricing risky assets, simple option pricing; simulation of simple stochastic processes, Brownian motion, and geometric Brownian motion. A specialized version of IEOR E4106 for MSE students. |
| Web Site | Vergil |
| Department | Industrial Engineering and Operations Research |
| Enrollment | 0 students (95 max) as of 11:06AM Tuesday, October 14, 2025 |
| Subject | Industrial Engineering and Operations Research |
| Number | E4102 |
| Section | 001 |
| Division | School of Engineering and Applied Science: Graduate |
| Open To | Engineering:Graduate |
| Section key | 20261IEOR4102E001 |