Description
It is essential for financial mathematicians to have a robust grounding in finance terminology and the day to day functioning/mechanics of the markets; and also to understand and apply the numerical techniques required to approach the solution to the main problems in mathematical finance (pricing, risk management, etc.). This module addresses the subjects highlighted above and is divided in two equally weighted components:
• Part 1 is a largely qualitative based module covering various aspects of the global financial markets and products traded in them. It is necessary for a mathematician working in the investment banking arena to have a robust grounding in finance terminology and the day to day functioning/ mechanics of the markets.
• Part 2 introduces aspects of Numerical Methods that are useful in Quantitative Finance. Due to the complexity of modern finance, an understanding of numerical techniques is required for a responsible approach to pricing and risk management problems.
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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