Brighton, United Kingdom

Mathematics with Finance

Integrated Master's degree
Language: EnglishStudies in English
Subject area: mathematics and statistics
Qualification: MMath
Kind of studies: full-time studies
Master of Mathematics (MMath)
University website: www.sussex.ac.uk
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
I united the majority of well-informed persons into a club, which we called by the name of the Junto, and the object of which was to improve our understandings. ... The first members of our club were...
Thomas Godfrey, a self-taught mathematician, and afterwards inventor of what is now called Hadley's dial; but he had little knowledge out of his own line, and was insupportable in company, always requiring, like the majority of mathematicians that have fallen in my way, an unusual precision in everything that is said, continually contradicting, or making trifling distinctions—a sure way of defeating all the ends of conversation. He very soon left us.
Benjamin Franklin, The Life and Miscellaneous Writings of Benjamin Franklin (1839)
Mathematics
A mathematician, like a painter or poet, is a maker of patterns. If his patterns are more permanent than theirs, it is because they are made with ideas.
G. H. Hardy, A Mathematician's Apology (London 1941).. Quotations by Hardy. Gap.dcs.st-and.ac.uk. Retrieved on 27 November 2013.
Finance
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their property.
Benjamin Graham, World Commodities and World Currencies (1944)
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