Maths Refresher
Training
Provided by London Financial Studies
Course Outline
Mathematics is at the heart of financial techniques, but many finance texts and courses assume a lot of prior knowledge. This programme aims to bridge the gap between mathematical theory and financial practice by providing a practical and visual approach to the most useful theories and methods. Calculations will be fully explained, and Excel spreadsheets will be used as a supporting resource to provide further examples.
Who The Course is For
Anyone who needs to develop their understanding and use of mathematics in a financial context.
Prior Knowledge:
The maths that you knew at school and some basic familiarity with Excel.
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Maths Refresher
Day One
Algebraic Functions
* Linear, quadratic, polynomial functions and splines
* Gradients, rates of change and differential calculus
Workshops:
- Applications of optimisation
- Yield curves, duration and convexity
Matrix Algebra
* Matrix rules and operations
* Simultaneous equations and solutions
Workshops:
- Covariance matrix, risk and return
- Matrices for hedging calculations
Day Two
Probability
* Sets, diagrams, notation and probability laws
* Normal, binomial and other probability distributions
Workshops:
- Probability of bond default
- Stochastic processes in markets
Forecasting and Regression
* Correlation, linear and multiple regression
* Real data and cautions in forecasting
Workshops:
- Forecasting models
- Time series of prices and volatility
Algebraic Functions
* Linear, quadratic, polynomial functions and splines
* Gradients, rates of change and differential calculus
Workshops:
- Applications of optimisation
- Yield curves, duration and convexity
Matrix Algebra
* Matrix rules and operations
* Simultaneous equations and solutions
Workshops:
- Covariance matrix, risk and return
- Matrices for hedging calculations
Day Two
Probability
* Sets, diagrams, notation and probability laws
* Normal, binomial and other probability distributions
Workshops:
- Probability of bond default
- Stochastic processes in markets
Forecasting and Regression
* Correlation, linear and multiple regression
* Real data and cautions in forecasting
Workshops:
- Forecasting models
- Time series of prices and volatility
About The Training Provider: London Financial Studies
London Financial Studies - London Financial Studies is a specialist teaching resource that concentrates exclusively on capital markets. We offer individuals, teams and companies expert teaching that combines theoretical understanding with practical experience.
Our business is driven by a distinct philosophy and clear values:
* Practical Application
* Intellectual Clarity
* Personal Approach
*...
