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Mathematical Methods for Quantitative Finance

Massachusetts Institute of Technology

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Course Features

Duration

12 weeks

Delivery Method

Online

Available on

Limited Access

Accessibility

Mobile, Desktop, Laptop

Language

English

Subtitles

English

Level

Advanced

Effort

14 hours per week

Teaching Type

Instructor Paced

Course Description

Modern finance is the science of decision making in an uncertain world, and its language is mathematics. As part of the MicroMasters® Program in Finance, this course develops the tools needed to describe financial markets, make predictions in the face of uncertainty, and find optimal solutions to business and investment decisions.

This course will help anyone seeking to confidently model risky or uncertain outcomes. Its topics are essential knowledge for applying the theory of modern finance to real-world settings. Quants, traders, risk managers, investment managers, investment advisors, developers, and engineers will all be able to apply these tools and techniques.

Course Overview

Live Class

Human Interaction

Personlized Teaching

International Faculty

Post Course Interactions

Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

Calculus

Probability and statistics

Linear algebra

Basic programming skills.

What You Will Learn

Probability distributions in finance

Time-series models: random walks, ARMA, and GARCH

Continuous-time stochastic processes

Optimization

Linear algebra of asset pricing

Statistical and econometric analysis

Monte Carlo simulation

Applied computational techniques

Course Content

Expand all sections

Module 1: Probability

Module 2: Statistics

Module 3: Time-series models

Module 4: Continuous time stochastic processes

Course Instructors

Paul F. Mende

Senior Lecturer, Sloan School of Management at Massachusetts Institute of Technology

Paul Mende is a Senior Lecturer in the Finance Group at the MIT Sloan School of Management.Mende co-founded, co-owned, and served as director of research from 2002 to 2010 for Fort Hill Capital Manag...

Egor Matveyev

Executive Director of MicroMasters Program in Finance at Massachusetts Institute of Technology

Egor Matveyev is an Executive Director of the MicroMasters Program in Finance and a Senior Lecturer in Finance at the MIT Sloan School of Management.His research interests are in the fields of corpor...