Albion College
Mathematics and Computer Science
COLLOQUIUM
Random Walks and Ito Calculus with Applications to Finance
Darren E. Mason

Professor

Mathematics & Computer Science

Albion College

Rational pricing of many financial products rely on mathematical modeling of random phenomena (e.g. the time evolution of a stock price). In this talk I will discuss the fundamental ideas of random walks, Brownian motion, and Ito Calculus, with applications actuarial science and finance. This presentation also serves as a nice introduction to what can be expected by students in the last portion of the topics course Math 389 being offered in Spring 2019.
3:30 PM
All are welcome!
Palenske 227
November 29, 2018