Financial Engineering Where Money Is Visible

Financial Engineering
where the money is 👀

If you've ever said you were studying stocks, you've probably had at least one experience where you were almost scammed into thinking you'd become incredibly wealthy by paying for strange 'rumor sheets' or learning ridiculous techniques.

It may seem nonsensical, but you shouldn't make such choices just because you're blinded by money, right? These methods might luckily work for a moment, leading to the misunderstanding that you're actually making money, but in the long run, they are significant risk factors.

I believe these things happen because there is a lack of elements needed to create one's own secret strategy or to study stocks properly. I hope you gain the power to analyze and research stock data through a mathematical approach through this financial engineering lecture.

Also, developers who want to study quant or develop automated stock trading programs! This is the most fundamental content, so I hope you consider it and take the time to study together.

It is no exaggeration to say that we are living in the era of the stock market. Before studying stocks, it is self-evident that studying the theoretical content first would be beneficial, right? The answer is financial engineering.

Financial engineering is a field of study that conducts mathematical analysis by researching derivatives such as stocks and securities.
Through financial engineering, it would be beneficial to study more meaningful 'investing.'

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✔️ About this course

• The lecture is conducted at a level suitable for beginners.
• Various examples are provided to enhance understanding of the content.
• Clean PPTs are used to present concise and essential information.
• Theory and practice will be covered separately in each session.

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🧑‍💻 Course Overview

<Unit 1> Probability

• Before learning financial engineering, you will learn the basic concepts of probability and random variables. Through this, you can understand the properties of probability and calculate expected values.

<Unit 2> Normal Random Variables

• This unit covers continuous random variables among the concepts learned in Unit 1, specifically focusing on the concepts and properties of normal random variables, which can be considered the most core content. Through this, you can understand the relationship between binomial and normal distributions, which helps in understanding the concept of Geometric Brownian Motion.

<Unit 3> Geometric Brownian Motion

• You will understand the concepts and characteristics of Geometric Brownian Motion and Brownian Motion, and learn about the similarities and differences between the two. Through this, you can identify what information is necessary when attempting to predict the future price of a stock.

<Chapter 4> Interest Rates and Present Value Analysis

• You will learn about the basic concepts of financial engineering, with various examples provided to aid your understanding. Through this, you can grasp fundamental concepts and calculate present value and rates of return.

<Unit 5> Pricing through Arbitrage

• You will learn the concepts of options and arbitrage and see how arbitrage is used to determine prices in various models, including the single-period binomial option pricing model.

<Section 6> No-Arbitrage Principle

• You will learn about the principle of no-arbitrage and use it to find the unique no-arbitrage price of an option in a multi-period binomial model.

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🙋‍♂️ Course Q&A