1. Introduction, Financial Terms and Concepts

MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013
Instructor: Peter Kempthorne, Choongbum Lee, Vasily Strela, Jake Xia

In the first lecture of this course, the instructors introduce key terms and concepts related to financial products, markets, and quantitative analysis.

License: Creative Commons BY-NC-SA

[agnihotrivikas]

I'm from India and thank you to MIT for making this available. So anybody can learn from highly qualified and experienced lecturers. 🙏🙏

[SeikoVanPaath]

Some notable timestamps:
01:54 Key facts about the course
11:47 Background
30:10 Introductory examples
40:49 About Financial Mathematics
54:42 Real life applications / Projects

[Gaurav-pqug]

00:00 Learn how math is applied in modern finance
06:54 Mathematical finance is a new field that has rapidly transformed in the last 30 years.
13:52 Understanding the different types of financial products and players in the market.
21:03 Understanding the key players and types of trading in financial markets.
27:38 Understanding the three types of trading: hedging, market making, and proprietary trading.
34:07 Understanding risk management in trading
40:22 Mathematics plays a crucial role in finance
46:48 Trading is about risk management and discipline.
53:09 Mathematics is powerful and useful in finance.

[jenifferkai]

This dude is literally the definition of financial literacy he's not just giving you stock picks like other Youtubers he actually teaches you how to read the market and such. Good luck to everyone watching this, May your investment yield you outstanding profits. Spend less and invest more

[noorgulzar]

I am from Thailand, can't imagine that I would be able study lecture from MIT. Felling grateful.

[manhoosnick]

This was one of the best lectures I saw, no fancy Superhero chest beating, humble and simple yet I understood it. Thanks a lot and may we all keep learning and earning.

[seobiho]

Wow these lectures are actually I have been waiting for..Thank you so much MIT.

[ClaytonBridges]

damn Im in an MIT lecture with a 1.7 GPA

THE INTERNET WINS

[alexisglennespina]

I've been waiting for this course to open since last year. I saw it in MIT TechTV but there were no videos yet. Thanks so much MIT for making this quality education available for everyone. I hope there would also be an edX version for this course

[washingtoneofula]

I am from Kenya, east Africa 🇰🇪🇰🇪 I have learnt alot from this clip, especially from the first lecturer from Thank you so much.

[gemridge]

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[aliteshnizi]

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You have played a decisive role in the success of many students from all over the world <3

[ntetetau]

Hello MIT!

I'm from my country Lesotho as for now, and I really enjoy learning from this channel
And I would like to say hello to my profs, all of them are amazing!

This is my favourite chanel ever since I was searching for something to learn about the markets complexity

I love you MIT with our supper highly experienced professionals

Thanks for your commitment

From
Nthethe Shadrack M

[ull]

Thank you for posting these videos online. I feel privileged to watch these !!!

[countryboy]

My name is Deepak Agnihotri and I'm from Mumbai India, I'm so honoured to be watching this video today on my birthday 🎂 This is going to be the best birthday gift I've ever received. Thank you MIT for sharing this lecture series. Forever grateful ❤️❤️❤️

[rajinfootonchuriquen]

44:55 choice A has an expected value of -$300 and a standar deviation of $400, choice B has an expected value of -$280 and a standar deviation of $0. So in the short run, it's better to choose A; in the long run it's better B.
49:26 in this questions, the standard deviation are the same but the expected values are positive with the same amount. Choice A it's better in the long run, while choice B it's better in the short run.

[Haoeeee]

I'm just thankful i'm given an opportunity to see how MIT's lectures go

[jahigains]

Wow, MIT got the CEO of Lau Security Investment Holdings to teach a class

[bhagee]

It's 2022 and no other material on internet shared this amount of valuable knowledge! I'm excited to learn more from the 26 lectures, Thanks a lot MIT. You're gold! <3

[mdadnan]

Thanks mit for giving us quality and deep knowledge about finance