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18.642 | Fall 2024 | Undergraduate

# Topics in Mathematics with Applications in Finance

#### Course Description

The purpose of the class is to expose undergraduate and graduate students to the mathematical concepts and techniques used in the financial industry. The course will consist of a set of mathematics lectures on topics in linear algebra, probability, statistics, stochastic processes, and numerical methods. Mathematics …
The purpose of the class is to expose undergraduate and graduate students to the mathematical concepts and techniques used in the financial industry. The course will consist of a set of mathematics lectures on topics in linear algebra, probability, statistics, stochastic processes, and numerical methods. Mathematics lectures will be mixed with lectures illustrating the corresponding application in the financial industry. MIT mathematicians will teach the mathematics part while industry professionals will give the lectures on applications in finance.

## Course Info

##### Instructors

- Dr. Peter Kempthorne
- Dr. Vasily Strela
- Dr. Jake Xia

##### Departments

- Mathematics

##### Topics

- Business
  - Finance
- Mathematics
  - Applied Mathematics
  - Probability and Statistics

##### Learning Resource Types

notes Lecture Notes
theaters Lecture Videos
assignment Problem Sets
assignment Activity Assignments
group_work Projects
Readings
A random walk (martingale) with IID Bernoulli steps (+1, −1) over 10,000 steps. (Image courtesy of Dr. Peter Kempthorne.)

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