Degree Name

MS (Master of Science)


Mathematical Sciences

Date of Award


Committee Chair or Co-Chairs

Dr. Anant Godbole

Committee Members

Dr.Jeff Knisley, Dr. Frederick Norwood


Level crossing times and their applications in finance are of importance, given certain threshold levels that represent the "desirable" or "sell" values of a stock. In this thesis, we make use of Wald's lemmas and various deep results from renewal theory, in the context of finance, in modelling the growth of a portfolio of stocks. Several models are employed .

Document Type

Thesis - Open Access


Copyright by the authors.