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The Mathematics of Finance concentration studies the foundations of financial theory, including asset
pricing and financial institutions. Students learn how financial markets work, how to price assets and
measure risk, and how asymmetric information between buyers and sellers impact markets. The
relationship between financial markets and the macroeconomics is also typically studied by most
students.
Ref 1-
Tao, Y. and Zhang, Z.J. (2007) Application of Financial Mathematics in Modern Financial
Theory. Group Economy Research, 34, 252.