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The diagram illustrates the local accuracy of the tangent line approximation to a smooth curve, or--otherwise stated--the closeness of the differential of a function to the difference of function values due to a small increment of the independent variable.

Financial Mathematics Modeling for Graduate Students

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Workshop website (with project descriptions)

FAQs about the Mathematical Modeling Workshop for Graduate Students                Poster

Application form               DEADLINE: Sunday 1 November 2009               Cost to students: $200

The Master of Finanical Mathematics (MFM) program will hold its first ever Financial Mathematics Modeling workshop for graduate students from Thursday 7 January to Saturday 16 January in 2010. This will follow the format of the very successful modeling workshops run jointly by IMA and MCIM; see http://www.ima.umn.edu/industrial/past-modeling.html, for information about those.

The IMA has offered the use of its facilities to house the workshop, and the School of Mathematics has offered to cover part of the funding. We are very grateful for this support.

We plan to have three mentors and 18 students. On the first day, each mentor will present a problem to the students, and, at the end of those presentations, the each student will indicate his/her preferences for the three projects. Based on this information, the organizers will assemble the groups into three teams, each with a mentor and six students. Teams will work on the mentor's problem for the remaining time, with oral and written presentations due on the final day.

Financial Mathematics
(612) 625-1306     mfmath@umn.edu
127 Vincent Hall
206 Church St. S.E.
Minneapolis, MN 55455 USA
www.math.umn.edu/finmath/modeling/index.shtml
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