Mathematics Graduate Student Colloquium

MGSC Website: http://math.uci.edu/~mgsc/

Financial Mathematics: Is There Such Thing as a Free Lunch?

Michail Korniotis
Wednesday, January 24, 2007
4:00 pm - 4:50 pm
MSTB 114

Talk Abstract:

We will start by introducing some basic terminology used in the field of mathematical finance. In particular, we will present ideas such as bonds, options, forward contracts, volatility, arbitrage, hedging, and replicating portfolios. Based on these, we will see how one can formulate financial problems (e.g., option pricing) into mathematical equations and discuss what mathematical tools can be used in order to get solutions.

Disclaimer: The speaker can not guarantee that you will have any financial profit from this talk, other than the refreshments served.

About the Speaker:

Michail Korniotis is a fourth-year graduate student here at UCI. He completed his B.S. at the University of Cyprus in 2003 and his M.S. at UCI in 2005. His research interests include stochastic modeling of financial markets, interest rate derivatives, credit risk, and derivative pricing.

Refreshments:

Pizza will be served after the talk.