RE: Financial mathematics

You are viewing a single comment's thread from:

Financial mathematics

in mathematics •  5 years ago 

I am being critical of the contents of this post. This post covers mostly on Time Value of Money, mathematics on compound interest on invested money and loans. This material is the basic part of financial mathematics.

Yes, financial mathematics is complex but the contents here does not touch on probability and statistics for finance/financial engineering. Financial mathematics covers more of:

  • Random Walks
  • Brownian Motion
  • Ito/Stochastic Calculus
  • Partial Differential Equations
  • Black-Scholes Model
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!