1. Introduction, Financial Terms and Concepts

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Published 2015-01-06
MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013
View the complete course: ocw.mit.edu/18-S096F13
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
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu/

All Comments (21)
  • @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
  • I'm from India and thank you to MIT for making this available. So anybody can learn from highly qualified and experienced lecturers. 🙏🙏
  • @jenifferkai3269
    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
  • @ClaytonBridges
    damn Im in an MIT lecture with a 1.7 GPA THE INTERNET WINS
  • @tanzihao976
    I'm just thankful i'm given an opportunity to see how MIT's lectures go
  • @noorgulzar8824
    I am from Thailand, can't imagine that I would be able study lecture from MIT. Felling grateful.
  • @kiptooj
    This man knows his business. He doesn't need fancy presentation slides. Just the basic black and white slides will do.
  • I am from Kenya , east Africa 🇰🇪🇰🇪 I have learnt alot from this clip , especially from the first lecturer from havard..... Thank you so much.
  • @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.
  • 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.
  • @ull893
    Thank you for posting these videos online. I feel privileged to watch these !!!
  • Excellent video...well explained and very simple to follow and learn. Thank you.
  • @mdadnan2831
    Thanks mit for giving us quality and deep knowledge about finance
  • @seobiho
    Wow these lectures are actually I have been waiting for..Thank you so much MIT.
  • @ntetetau5815
    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
  • @countryboy4369
    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 ❤️❤️❤️
  • 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
  • @jahigains9201
    Wow, MIT got the CEO of Lau Security Investment Holdings to teach a class
  • @aliteshnizi672
    I have been searching for beginner and intermediate courses on economics and finance, and to be honest quality content is rare as a rocking horse poo. As a CS grad student, I did not have a problem like this for topics in CS, EE, Math or Physics. I have come to the conclusion that you are almost the only top-tier higher education institution supporting the openness and accessibility of knowledge to this extent, and I appreciate all the effort you put in this way. You have played a decisive role in the success of many students from all over the world <3