# MATHEMATICS and BUSINESS

There have always been some opportunities in business for mathematics
majors but it appears that these have increased. By combining a major in
mathematics (including probability-statistics courses is especially relevant),
some courses in economics, finance and accounting as well as acquiring some
computer experience (for example with a spreadsheet such as EXCEL or QUATTRO
PRO) students may choose from a number of directions.

JOB OPPORTUNITIES

## OTHER INTERESTING ITEMS

A. PROGRAM - Winter MAA/AMS Meetings, San Diego, Jan 1997

- An Intro. to the Valuation Theory of Financial Options:From the
Black-Scholes Formula to Trading Implied Volatility Surfaces. Marco Avellaneda

- Quantitative Methods for Portfolio Management. Steve Shreve

- Modeling the Term Structure of Interest Rates. David Heath

- Estimation of Continuous-time Models in Finance from Discretely
Observed. Yacine Ait-Sahalia

- Derivative Pricing and Portfolio Management in Markets. Thaleia
Zariphopoulou

- Issues in Risk Management. Andrew Morton

- The use and abuse of numerical methods in derivatives pricing. Ashvin
B. Chhabra

### BOOKS AND MISC

- The Mathematics of Financial Derivatives: A Student Introduction. Paul
Wilmott, Sam Howison, Jeff Dewynne, Cambridge University Press, 1995, $24.95

- Mathematical Models in Finance Eds: S.D. Howison, F.P. kelly, P. Wilmot. Chapman & Hall, 1995, 13 papers from Royal Society of London meeting

- Computational Economics and Finance: Modeling and Analysis with Mathematica Ed: Hal R. Varian, Springer-Verlag, 1996

- Mathematics for Economics and Finance: Methods and Modeling Martin
Anthony, Norman Biggs, Cambridge Univ. Press, 1996

- An Introduction to Bayesian Inference in Economics Arnold Zellner
Classics Lib. Ed. Wiley, 1996 (reprint of 1971 edition)

- Introduction to Stochastic Calculus Applied to Finance Damien Lamberton, Bernard Lapeyre, Chapman & Hall 1996 (requires knowledge of measure-
theoretic probability theory)