Mathematical Models of Financial Derivatives: Oxford Mathematics 3rd Year Student Lecture

Our latest student lecture features the first lecture in the third year course on Mathematical Models of Financial Derivatives from Sam Cohen where students learn that the aim of any financial model is not to make money but to avoid being exploited.
We are making these lectures available to give an insight in to the student experience and how we teach Maths in Oxford. All first and second year lectures are followed by tutorials where students meet their tutor to go through the lecture and associated problem sheet and to talk and think more about the maths. Third and fourth year lectures are followed by classes.
You can also watch many other student lectures via our main Student Lectures playlist (also check out specific student lectures playlists): • Student Lectures - All...

[@j.a.emmanueltemplemann5627]

Sam Cohen is a great teacher. Thank you Sam and Oxford Uni for Sharing.

[@elisaordeman2546]

I have absolutely no idea what he is talking about nor whats going on, but this man makes it so interesting! I love this man

[@vishruthdhamodharan]

Same here xD

[@fjtjeoslek]

it s really good asmr.. i fell asleep within like 30 seconds..

[@vibinpenguin7021]

This is so great! As a Y12 student, even though a lot of it went over my head, it really did make me interested!

[@brianterry8775]

Just as a note, I'm watching this having done a degree in mathematics and taken modules in math finance. I went to an ok (but definitely not good) uni for maths and can understand all of this fine (I'm watching it for revision as I want to do some further study on the topic). I'm sure the lectures ramp up in difficulty and the problem sheets are likely very tricky but when you come to picking universities next year, don't think Oxford is the only place this gets taught :p Might be useless info but I wish someone said that to me honestly when I was picking unis 😂 (p.s. if you're thinking of studying maths/statistics at uni do actually hit me up as I can talk for days about it but otherwise feel free to discount this as unsolicited, unwanted advice 😂)

[@vibinpenguin7021]

@@brianterry8775 I totally get what you are saying, not even applying to Oxford lol but my youtube recommended page is a strange place. A lot of my current choices for unis are pretty competitive but I think I will be fine... hopefully.

[@Ghost____Rider]

@@brianterry8775 hi I'm a maths student too haha

[@celine9174]

same there were some concepts which were kind of difficult to understand but i'm interested in learning more

[@AlonsoRules]

I never knew Charles Darwin decided to study maths

[@waverider1674]

may be he had evolved into a mathematician :)

[@mrs.kmansingh5622]

@@waverider1674 yah in galapagous island

[@alfiemed1317]

More like boltzmann

[@sakhawat2moon]

haha, You Anthony Kerich are Very funny😁

[@spookidrew4284]

@@mrs.kmansingh5622 you mean galapa-goose island 🤣😂😭

[@vishwajitsinhdayma5774]

THANK YOU SO MUCH PLEASE CONTINUE TO GIVE MORE KNOWLEDGE About a fenomenal topic Mathematical Model🙏 .

[@aaabbb-py5xd]

Learn to spell.

[@s.d.1985]

😂

[@garrycotton7094]

Much better than many of the other recorded Oxford lectures I've seen. Much more engaging.

[@grf73tube]

Now I want to see the next lecture! :P

[@olbaprabocse9940]

Just watched a 50 minute restoration of a super nintendo... Basic ASMR Now im ready for this advanced ASMR

[@mhs90]

I just kept watching because of his nice handwriting

[@hiderunbride8431]

Love those white boards.

[@adarsh.98]

Can we get more of these lectures,?

[@dac8939]

At least some useful maths that can actually use in real world to make $$$

[@gombalmukiyopujaanku]

Forget Calculus..I like this math, bcos it's talk about money..!

[@CHROMIUMHEROmusic]

Calculus is frequently involved in mathematical finance, so its still very useful

[@xsamsungg5735]

He said "Mathematical Models of Financial Derivatives", that is literally calculus...

[@mrmagoo-i2l]

It’s maths.

[@louisdang8477]

Gamestonk

[@finstat5439]

Why there is no class interaction? He is just teaching, teaching and teaching. Is it the normal way of teaching in UK?

[@aaabbb-py5xd]

Wtf do you expect the class to say when the class is learning about 1+1=2

[@finstat5439]

@@aaabbb-py5xd I also teach finance but never taught like this. I always try to engage the class. This course can be made very interesting by incorporating various example and engagung students by asking them questions.

[@aaabbb-py5xd]

@@finstat5439 If the prospect of $$$$$$$$$$$$$$$$$$$$$ is insufficient to engage and interest your students, you need to disband your trailer trash student body, but then again, you'd be without a job so you wouldn't actually disband your diploma mill. Simply put, students are not served when made to suffer through a lecturer's pathetic attempt to prove his or her worth. Moreover, I suspect your "examples" and "enrichment material" is not much besides gossip, so dealt to hide your own mediocrity that you are acutely aware of. Stop watering down your curriculum with "examples". Stand up and read this paragraph aloud as many times as you need to change your behavior.

[@cnutsiggardason2014]

lecturers lecture and tutors tutor

[@celine9174]

I think Oxford has a tutorial system so there’s more engagement during the tutorials I guess

[@mrboyban]

Is that Santa Claus undercover?

[@ranausama5763]

I need the complete mathematical model related to demand demand-driven input-output model and supply driven input-output model related to energy shortages' impact on Pakistan's economy. Can you provide it to me?

[@kenkl123]

Are there more lectures on this?

[@lihlezonela6377]

So Charles Darwin is a time traveller?

[@eduardoolsson1702]

Wow love this thanks u @oxford for this video

[@kmishy]

I found a genius prof

[@SOMITON]

thnk u teacher sam

[@PARENTALADVISORYPODCAST]

Professor

[@martinc.720]

*Thank

[@HienNguyen-jv1px]

now hear me out. At this point math isn't about numbers anymore, it had turned into English and symbols.

[@letsgoramesh548]

I am thinking that why not large white board are in my college+2. It's take to clean the board holl time

[@Sleepless-777]

I THING HE HAVE THE BEARD JUST FOR LOOKING AS A REAL PROFESSOR

[@jisanhasnat6770]

Thank you for sharing this

[@sardanapale2302]

The problem are not simple vanilla derivatives, that is the complex ones, exotics, that are the cause of crisis. That and greed. Greed.

[@dongkengdiponegoro8900]

What is white board called?

[@YD07]

LOOL, he spelt Own wrong with owne

[@Zz-hq8gn]

In germany professor dont give a fuck about students. Imagine have this man as a lecturer

[@Quarantineism]

Then you wouldn't pass.

[@deer4684]

Boring hits

[@GordonHugenay]

is there some way to see the rest of this lecture?

[@OxfordMathematics]

If you mean the whole course, then no, this is the only lecture from the course for now, though we will show more in the future.

[@mohammedaa7973]

I have question. Is the mathematical models in finance is applied on the practical side or not ? I am afraid if banks not apply it special in Arab countries. Please clarify to me.

[@anglonrx2754]

Mathematical models are the basis of modern finance. So yes, they are applied.

[@chungcheeyuen2644]

Can anyone hit profit in stock market after watching this video lecture

[@AlonsoRules]

not at the moment unless you can get away with short selling

[@omarsaid8518]

He actually sounds like my Financial Director Cousins.

[@bytrixx6901]

._.XD

[@greenieone1838]

contintiniously

[@dylanbesson2117]

15:18 You can ‘owne’?

[@olbaprabocse9940]

Advanced ASMR

[@vishv3062]

Thanks .....

[@thecasualfront7432]

Propaganda mathematics

[@johnc.wrigley6147]

Yep. Just like most of economics, but especially quantitative finance. A load of nonsense to mystify a layperson away from asking, why the **** do you people get to gamble like this???

[@thebeerwaisnetwork8024]

I have so many criticisms.

[@sb_dunk]

Well, share them then.

[@johnc.wrigley6147]

@@sb_dunk Financial mathematics is a load of bunk. These models are more customary than anything else. There is no more truth to a Black-Scholes or a risk-neutral pricing result than any other number, since it relies on impossible assumptions . It might "make sense" in a ideal market, but in the real-world it corresponds to an essentially arbitrary set of technical conditions and model specification, the idea of a self-replicating portfolio.

[@sb_dunk]

@@johnc.wrigley6147 In a world where you barter, a monetary system is inevitable, value will be need to be calculated and financial analysis will naturally arise. I feel like a more appropriate conclusion would be that financial mathematics is immature rather than useless. Can you give me an example of an assumption that is impossible? It's worth noting that assumptions have to be made in any field, including pure mathematics.

[@johnc.wrigley6147]

@@sb_dunk The assumptions in Black-Scholes are never realized in actual markets (1) no transaction costs, (2) continuous price quotes, (3) price follows geometric Brownian motion, (4) constant volatility. I suggest you learn more about this subject before trying to pontificate. It is a fascinating field that deserves to be challenged, but not in such inane terms. Financial mathematics, if anything, is mature and now dying due to the rug being pulled under itself in the 2008 crisis. Most quant shops now use machine learning and treat pricing as an arbitrary optimization problem. Happy reading! en.wikipedia.org/wiki/Black%E2%80%93Scholes_model

[@sb_dunk]

@@johnc.wrigley6147 So your issue is with Black-Scholes and valuation of derivatives rather than financial mathematics as a whole? I also find your statement about needing to learn more before pontificating incredibly ironic.

[@BlijVrouw]

Okay, who else clicked for the beard?

[@faisalbarliandi3204]

3rd

[@awarabacha750]

Assalamu Alaikum sir University mathematic Quran ? Pakistan sammer abbas

[@Amankumar-ci1yj]

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