NUS MFE Information Session

Program

6:30pm - 7:00pm      Registration and Light Refreshment
7:00pm - 8:00pm      The Science of Money
          Talk by Professor Steven KOU, RMI Director and MFE Program Director
8:00pm - 8:30pm      NUS Master of Science in Financial Engineering (MFE) Program Briefing
8:30pm - 9:00pm      Q & A

Abstract of the Talk

We will discuss three aspects of the application of scientific methods to finance: (1) Investment, (2) Derivatives, and (3) Risk Management. Although more advanced tools, such as stochastic differential equations, Monte Carlo simulation, psychology, statistical inference, optimization, and functional analysis may be needed to study these topics, only high school mathematics will be used in the talk. We aim at giving some concrete examples in these topics, to inspire interests in financial engineering. In particular, we will focus on three examples: (1) Optimal portfolio choices, e.g. Kelly and Merton criteria. (2) The binomial model for option pricing, and (3) Axioms for risk measures

About the NUS MFE Program

NUS Master of Science (Financial Engineering) Program (MFE) is a comprehensive program that will prepare you for a career in the financial industry and advance the careers of those already working here. We are confident our comprehensive, industry-focused education in the NUS MFE will prepare you for the workforce of today and the future. The tools of financial engineering are being steadily adapted not only by incorporating the lessons from the crisis, but also by proactively looking at the challenges ahead.