Finance and Numerics (MATH0093)

Key information

Faculty: Faculty of Mathematical and Physical Sciences
Teaching department: Mathematics
Credit value: 15

Restrictions: N/A
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

It is essential for financial mathematicians to have a robust grounding in finance terminology and the day to day functioning/mechanics of the markets; and also to understand and apply the numerical techniques required to approach the solution to the main problems in mathematical finance (pricing, risk management, etc.). This module addresses the subjects highlighted above and is divided in two equally weighted components:

鈥� Part 1 is a largely qualitative based module covering various aspects of the global financial markets and products traded in them. It is necessary for a mathematician working in the investment banking arena to have a robust grounding in finance terminology and the day to day functioning/ mechanics of the markets.

鈥� Part 2 introduces aspects of Numerical Methods that are useful in Quantitative Finance. Due to the complexity of modern finance, an understanding of numerical techniques is required for a responsible approach to pricing and risk management problems.

Module deliveries for 2024/25 academic year

Intended teaching term: Term 1 听听听 Postgraduate (FHEQ Level 7)

Teaching and assessment

Mode of study: In person
Methods of assessment: 100% Exam
Mark scheme: Numeric Marks

Other information

Number of students on module in previous year: 28
Module leader: Dr Riaz Ahmad
Who to contact for more information: maths.mscteaching@ucl.ac.uk

Last updated

This module description was last updated on 8th April 2024.

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Important information

The catalogue has been updated with key information about the modules that will run during the 2024/25 academic session. Current and prospective students can browse through the catalogue to consider possible module choices for the coming year.

Please note,听information in the catalogue is听subject to change as teaching and assessment arrangements for 2024/25 may need to be adjusted in line with the University's Feedback and Assessment principles and operating model.

Centrally managed exam durations will be provided on students' individual exam timetables. Arrangements for locally managed exams and in-class activity will be confirmed by the teaching department for the module.

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