Lublin, Poland

Mathematics in Finance

Matematyka w finansach

Bachelor'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
Mathematics is a versatile art; it can be applied to widely different purposes. Math has no morality; it does not care what it counts or what it proves.
Brian Stableford, Ashes and Tombstones, in Peter Crowther (ed.) Moon Shots (1999), reprinted in David G. Hartwell (ed.) Year's Best SF 5 (2000), p. 412
Finance
The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.
William J. Bernstein The Four Pillars of Investing (2002), Introduction, p. ix.
Mathematics
The science of mathematics presents the most brilliant example of how pure reason may successfully enlarge its domain without the aid of experience.
Immanuel Kant, Critique of Pure Reason (1781) Tr. Max Müller (1881) p. 610.

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