Event Title: |
Mathematics in the Finance Industry" |
Speaker: |
Dr. Seema Nanda |
Affiliation: |
Institute for
Environmental Modeling, |
Abstract/Brief Description: |
This is a brief survey of the use of mathematics in the finance industry. I will introduce some basic terminology, describe the concept of arbitrage pricing and derive the Black- Scholes equations for a vanilla option on an underlying stock. The concept of hedging will be introduced. Pricing of basic fixed income instruments will also be discussed. |
Subject Area: |
Mathematics |
Date: |
|
Time: |
|
Venue: |
Lecture Hall - I, Dept. of Mathematics, IISc. |