Disponible en Español

CEMLA Course: Financial Mathematics (introductory)

June 4 - 5, 2026
Videoconference

Organizing Institutions

Center for Latin American Monetary Studies, A. C. (CEMLA)

Content

The Course will include a historical overview of the development of financial mathematics and cover key topics in four remote sessions: introduction and motivation, from random walks to stochastic calculus, the Feynman-Kac theorem and its applications, and the Black-Scholes formula along with American options. Participants will explore how these concepts connect with the Cauchy problem for partial differential equations and the valuation of financial derivatives.

Objective

The course aims to provide participants with a solid understanding of the mathematics underlying the modeling and valuation of financial instruments, such as bonds and derivatives.

Aimed at

This course is designed for analysts, junior researchers, and mid-level officials in economic research, financial stability, risk management, or related areas within CEMLA member institutions.

Coordinator