Overview

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The financial industry is increasingly the need of employees who master not only the traditional quantitative analysis in finance but also who know and apply the theory of Probability and Stochastic Analysis, which is the mathematical theory that supports the pricing models of financial instruments Complex and the choice of portfolios. 

The Financial Mathematics profile of the master in Mathematics and Applications (MMA) aims to offer a systematic knowledge of the mathematical models and the quantitative methods that are used in the current financial industry. In this course we study the theory of mathematical models that are applied in finance (pricing and hedging of derivatives, optimal portfolio choice, hedging of pension funds) and study the techniques and methods that allow to implement these models (econometric methods, Monte Carlo simulation techniques, numerical analysis techniques and linear and stochastic optimization techniques). All these techniques are approached using intensively the computer either through the construction of algorithms or through the use of suited software.