Mathematical finance

Rao, M R and Kapshe, S (2012) Mathematical finance. Current Science, 103 (6). pp. 644-646.

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Till the late sixties a banker’s life was
the source of envy for most of us: 3–6–3
formula was all that was needed to
explain it – borrow at 3%, lend at 6%
and play golf at 3 p.m. Over the last 50
years this has changed in a big way – no
one can dream of having a quintessential
banker’s life any more. What were the
changes that caused this dream-like lifestyle to evaporate? In what way are these changes affecting us? What are the
common threads that are emerging and
finally where are they likely to lead us?
These are some of the points to ponder
in this commentary on mathematical

Affiliation: Indian School of Business
ISB Creiators:
ISB Creators
Rao, M R
Item Type: Article
Uncontrolled Keywords: mathematical finance ; finance ; mathematics
Subjects: Finance
Depositing User: Users 13 not found.
Date Deposited: 24 Nov 2014 16:15
Last Modified: 03 Apr 2019 13:36
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