1. Introduction, Financial Terms and Concepts
MIT OpenCourseWare・2 minutes read
The class on modern finance teaches foundational math concepts and how they apply in the financial industry, aiming to help students decide on a career path. Topics covered include the history of financial markets, different types of trading, risk management strategies, and the importance of understanding human behavior in trading decisions.
Insights
- Mathematics plays a crucial role in modern finance, with a focus on linear algebra, probability, statistics, and stochastic calculus to provide foundational knowledge for understanding financial applications, aiming to help students explore potential careers in the field.
- The financial industry has evolved significantly over the last 30 years, requiring traders to have advanced degrees in mathematics and computer science, with market activities involving various financial products like loans, bonds, commodities, and real estate, alongside stocks, and highlighting the interconnected nature of different markets and products, as seen in the impact of the 2008 financial crisis.
Get key ideas from YouTube videos. It’s free
Recent questions
What topics are covered in the finance class?
Linear algebra, probability, statistics, and stochastic calculus.
Related videos
MIT OpenCourseWare
16. Portfolio Management
Series 7 Guru
Series 7 Exam Prep. Series 7 Guru Shares All the Math Needed to Pass your Series 7 Exam!
SJC Institute
Financial Management | 1st Class | CMA Inter Group 2 New Syllabus 2022 | CA Satish Jalan
freeCodeCamp.org
Fundamentals of Finance & Economics for Businesses – Crash Course
Learn with Sumit
Complete NDA Mathematics Revision | Maths For NDA | Target NDA 2 2024 - LWS