Lublin, Poland

Mathematics in Finance

Matematyka w finansach

Master's
Table of contents

Mathematics in Finance at UMCS

Language: PolishStudies in Polish
Subject area: mathematics and statistics
Kind of studies: full-time studies
  • Description:

  • pl

Definitions and quotes

Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Mathematics
A mathematician, like a painter or poet, is a maker of patterns. If his patterns are more permanent than theirs, it is because they are made with ideas.
G. H. Hardy, A Mathematician's Apology (London 1941).. Quotations by Hardy. Gap.dcs.st-and.ac.uk. Retrieved on 27 November 2013.
Mathematics
A marveilous newtrality have these things mathematicall and also a strange participation between things supernaturall, imortall, intellectuall, simple and indivisible, and things naturall, mortall, sensible, compounded and divisible.
John Dee, The mathematicall praeface to the Elements of geometrie of Euclid of Megara (1570) as editor of Euclid's Elements, translated by Henry Billingsley.
Mathematics
Extension and abstraction without apparent direction or purpose is fundamental to the discipline. Applicability is not the reason we work, and plenty that is not applicable contributes to the beauty and magnificence of our subject.
Peter Rowlett, "The unplanned impact of mathematics", Nature 475, 2011, pp. 166-169.

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