Centre for Advanced Studies in Mathematics

Seminar on
Applications of
Mathematics in Finance
Pricing Death
August 1, 2008

FIRST ANNOUNCEMENT

This is a one day presentation on the application of Mathematics of Financial Derivatives and aims to give a flavor of recent innovations in the field. Mathematical finance has the attraction of being one of the chief areas of mathematics that plays a central role in the current developments in its field of application. It has a reciprocal relationship with the `real world' while it both draws from and has direct implications in the financial markets. Its numerous applications have become an integral and transparent part of the daily functioning of global financial institutions. Although relatively young, financial mathematics has developed rapidly into a substantial body of knowledge, having become an established branch of mathematical science.

Presentation

1) Longevity & Mortality Derivatives as a new asset class.

2) Developing a pricing and structuring platform to trade insurance risk.

Audience: The seminar will be of interest to M.S./Ph.D. students in computer science, economics, mathematics, physics and engineering departments as well as college lecturers wishing to teach mathematical finance. In addition the seminar would also be of interest for practitioners in the field of asset management and insurance.

Resource Person: Omer Jawed Ghani

Venue: Lahore University of Management Sciences (LUMS), Lahore.

Registration Fee:
Students Rs. 350,
University faculty/Academia Rs. 600,
Others/Industrial Participant Rs. 2500.
Number of participants is bounded above by 50 and registration is on first come first register basis. All participants must register in advance using the registration form.