Black-Scholes equation
http://plus.maths.org/content/taxonomy/term/862
enPhysical finance
http://plus.maths.org/content/physical-finance
<div class="field field-type-text field-field-author">
<div class="field-items">
<div class="field-item odd">
Marianne Freiberger </div>
</div>
</div>
<div class="field field-type-filefield field-field-abs-img">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_abs_img" width="100" height="100" alt="" src="http://plus.maths.org/content/sites/plus.maths.org/files/abstractpics/5/23_oct_2013_-_1301/icon.jpg?1382529682" /> </div>
</div>
</div>
<div class="field field-type-text field-field-abs-txt">
<div class="field-items">
<div class="field-item odd">
The fact that a sizeable proportion of the financial workforce is
made up of physicists is one of the industry's best-kept secrets. We talk to Laura Tadrowski, who has made the leap from physics to finance. </div>
</div>
</div>
<div class="rightimage" style="width: 250px;"><img src="http://plus.maths.org/content/sites/plus.maths.org/files/packages/2013/QM/qmlogo_0.jpg" width="250" height="62" alt="QM logo"/></div><p><em>This article is part of the <a href="http://plus.maths.org/content/researching-unknown">Researching the unknown project</a>, a collaboration with researchers from <a href="http://ph.qmul.ac.uk/">Queen Mary, University of London</a>, bringing you the latest research on the forefront of physics. Click <a href="http://plus.maths.org/content/researching-unknown">here</a> to read more articles from the project.</em></p><div class="field field-type-number-integer field-field-hidden">
<div class="field-label">hide_article: </div>
<div class="field-items">
<div class="field-item odd">
0 </div>
</div>
</div>
<p><a href="http://plus.maths.org/content/physical-finance" target="_blank">read more</a></p>http://plus.maths.org/content/physical-finance#commentsBlack-Scholes equationfinancefinancial mathematicsphysicsstring theoryThu, 21 Nov 2013 08:05:52 +0000mf3445956 at http://plus.maths.org/contentA risky business: how to price derivatives
http://plus.maths.org/content/risky-business-how-price-derivatives
<div class="field field-type-text field-field-author">
<div class="field-items">
<div class="field-item odd">
Angus Brown </div>
</div>
</div>
<div class="field field-type-filefield field-field-abs-img">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_abs_img" width="100" height="100" alt="" src="http://plus.maths.org/content/sites/plus.maths.org/files/issue49/features/brown/icon.jpg?1228089600" /> </div>
</div>
</div>
<div class="field field-type-text field-field-abs-txt">
<div class="field-items">
<div class="field-item odd">
In the light of recent events, it may appear that attempting to model the behaviour of financial markets is an impossible task. However, there are mathematical models of financial processes that, when applied correctly, have proved remarkably effective. <b>Angus Brown</b> looks at one of these, a simple model for option pricing, and explains how it takes us on the road to the famous Black-Scholes
equation of financial mathematics, which won its discoverers the 1997 Nobel Prize in Economics. </div>
</div>
</div>
<div class="pub_date">December 2008</div>
<!-- plusimport -->
<br clear="all" />
<p><i>In the light of recent events, it may appear that attempting to model the behaviour of financial markets is an impossible task. However, there are mathematical models of financial processes that, when applied correctly, have proved remarkably effective. In this article we look at one of these, a simple model for option pricing, and see how it takes us on the road to the famous Black-Scholes
equation of financial mathematics, which won its discoverers the 1997 Nobel Prize in Economics.</i></p><p><a href="http://plus.maths.org/content/risky-business-how-price-derivatives" target="_blank">read more</a></p>http://plus.maths.org/content/risky-business-how-price-derivatives#comments49Black-Scholes equationdifferential equationfinancial mathematicsfinancial modellingoptionMon, 01 Dec 2008 00:00:00 +0000plusadmin2344 at http://plus.maths.org/contentCareer interview: Project finance consultant
http://plus.maths.org/content/career-interview-project-finance-consultant
<div class="field field-type-text field-field-author">
<div class="field-label">author: </div>
<div class="field-items">
<div class="field-item odd">
Helen Joyce </div>
</div>
</div>
<div class="field field-type-filefield field-field-abs-img">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_abs_img" width="100" height="100" alt="" src="http://plus.maths.org/content/sites/plus.maths.org/files/issue34/interview/icon.jpg?1109635200" /> </div>
</div>
</div>
<div class="pub_date">March 2005</div>
<!-- plusimport -->
<!-- FILE: include/rightfig.html -->
<!-- END OF FILE: include/rightfig.html -->
<!-- photo provided by Nick Crawley for use in plus -->
<p><i>With a degree in astrophysics from University College London and a Masters in Applied Finance from Macquarie University, Sydney, as well as experience in consultancy and banking on both sides of the world, Nick Crawley has recently set up his own financial consultancy in Sydney, Australia.<p><a href="http://plus.maths.org/content/career-interview-project-finance-consultant" target="_blank">read more</a></p>http://plus.maths.org/content/career-interview-project-finance-consultant#comments34Black-Scholes equationBusiness & Moneycareer interviewheat diffusion equationpartial differential equationproject financeTue, 01 Mar 2005 00:00:00 +0000plusadmin2421 at http://plus.maths.org/contentCareer interview: Financial modelling
http://plus.maths.org/content/career-interview-financial-modelling
<div class="field field-type-text field-field-author">
<div class="field-label">author: </div>
<div class="field-items">
<div class="field-item odd">
Mike Pearson </div>
</div>
</div>
<div class="field field-type-filefield field-field-abs-img">
<div class="field-items">
<div class="field-item odd">
<img class="imagefield imagefield-field_abs_img" width="110" height="110" alt="" src="http://plus.maths.org/content/sites/plus.maths.org/files/issue9/interview/icon.jpg?936140400" /> </div>
</div>
</div>
<div class="pub_date">September 1999</div>
<!-- plusimport --><br clear="all"></br>
<p>Was it T.S. Eliot who, asked what advice he would give to an aspiring poet, said "to get a nice steady job in a bank"? David Spaughton works in a bank - but doesn't spend his life behind a counter, explaining why overdrafts can't be exceeded just like that. He works for an Investment Bank - Credit Suisse First Boston - producing and maintaining software for use in futures markets. We
interviewed David in his office at Credit Suisse in London.</p><p><a href="http://plus.maths.org/content/career-interview-financial-modelling" target="_blank">read more</a></p>http://plus.maths.org/content/career-interview-financial-modelling#comments9Black-Scholes equationBusiness & Moneycareer interviewcomputer programmingderivative instrumentfuturemathematical modellingoptionTue, 31 Aug 1999 23:00:00 +0000plusadmin2455 at http://plus.maths.org/content