18.S096 Topics in Mathematics with Applications in Finance (Fall 2013, MIT OCW): Lecture 03

18.S096 Topics in Mathematics with Applications in Finance

18.S096 Topics in Mathematics with Applications in Finance (Fall 2013, MIT OCW). Instructors: Dr. Peter Kempthorne, Dr. Choongbum Lee, Dr. Vasily Strela, and Dr. Jake Xia. The purpose of the class is to expose undergraduate and graduate students to the mathematical concepts and techniques used in the financial industry. Mathematics lectures are mixed with lectures illustrating the corresponding application in the financial industry. MIT mathematicians teach the mathematics part while industry professionals give the lectures on applications in finance. (from ocw.mit.edu)

Lecture 03 - Probability Theory

This lecture is a review of the probability theory needed for the course, including random variables, probability distributions, and the Central Limit Theorem.

Go to the Course Home or watch other lectures:

Lecture 01 - Introduction, Financial Terms and Concepts

Lecture 02 - Linear Algebra

Lecture 03 - Probability Theory

Lecture 04

Lecture 05 - Stochastic Processes I

Lecture 06 - Regression Analysis

Lecture 07 - Value At Risk (VAR) Models

Lecture 08 - Time Series Analysis I

Lecture 09 - Volatility Modeling

Lecture 10 - Regularized Pricing and Risk Models

Lecture 11 - Time Series Analysis II