How to learn financial mathematics?
Let’s continue to extend the ramifications of mathematics to address another mathematics-related discipline: finance. Or rather financial mathematics . What is it about?
Financial mathematics, related to applied mathematics , allows us to understand the functioning of financial and stock markets. We therefore work with highly important domains: statistics, probability or differential calculus .
To master them, it is advisable to take math classes at home.
You also learn to master 10 essential formulas such as the equivalence rate or the proportional rate. Among other.
Obviously, in the field of financial mathematics, you have to know several definitions and notions. Among which are:
- Credit or weather derivatives,
- Interest on bank loans,
- The cost of risk,
- The cost of money.
Several formations propose the teaching of this discipline, in degree, master, doctorate. After a scientific baccalaureate preferably. How to learn financial mathematics?