Financial Mathematics Seminar
All Financial Mathematics seminars are open to the public.

School of Mathematics, University of Minnesota

Organizer: Scot Adams
Usual time for Junior Seminar: Tuesdays at 2:30 pm, probably starting in October.

Usual Place for Junior Seminar: Vincent Hall 570.
Usual time for Practitioner's Seminar: occasional Fridays at 5:30 pm.
Usual Place for Practitioner's Seminar: Vincent Hall 16.
Some useful links, including slide presentations connected to some of the letures below.
 

DATE, TIME, PLACE SPEAKER TITLE
Friday 5 September 2008
NA This is the first Friday after the beginning of classes
         in Fall 2008.
Friday 19 September 2008 at 5:30pm
Location: Vincent 16
Thiemo Krink, Allianz Life USA Practitioner's Seminar
Stochastic Search Heuristic in Finance
Friday 24 October 2008 at 5:30pm
Location: Vincent 16
Sandra Paterlini, U of Modena, visiting UMN Mathematics USA Practitioner's Seminar
TBA
Friday 28 November 2008
NA There will be no seminar due to Thanksgiving holiday.
Friday 5 December 2008
NA This is the last Friday before the end of classes
         in Fall 2008.
We will likely not schedule any seminars in 2008 that occur
         after Friday 5 December 2008,
         but Friday 5 December 2008 itself is fine.
Friday 23 January 2009
NA This is the first Friday after the beginning of classes
         in Spring 2009.
We will likely not schedule any seminars in 2009 that occur
         before Friday 23 January 2009,
         but Friday 23 January 2009 itself is fine.
Friday 20 March 2009
NA There will be no seminar due to Spring Break.
Friday 8 May 2009
NA This is the last day of classes in Spring 2009.
We will likely not schedule a seminar on 15 May 2009,
         because of finals week,
         but Friday 8 May 2009 is fine for a seminar.






ARCHIVE


DATE, TIME, PLACE SPEAKER TITLE
Friday 29 August 2008 at 5pm
Location: Preston's
                Seven Corners
                221 Cedar Ave S
                612-338-6146
Beginning of year PARTY Beginning of year PARTY
Monday 2 June 2008 at 5:30pm
Location: Vincent 570
Carlos Tolmasky and Chris Prouty Practitioner's Seminar
Organizational meeting for a summer seminar on automated trading
Friday 16 May 2008 at 5pm
Location: Preston's
                Seven Corners
                221 Cedar Ave S
                612-338-6146
End of year PARTY End of year PARTY
Friday 9 May 2008 at 5:30pm.
Location: Vincent 16
Pin Chung, Allianz Life Practitioner's Seminar
To Find Your Best Next Job
abstract
Friday 2 May 2008 at 5:30pm
Location: Vincent 16
Last Friday of Spring Semester
Hunt Blatz, Allianz Life USA Practitioner's Seminar
Resume Workshop
slides
Friday 2 May 2008 at 2:30pm
Location: Vincent 213
Last Friday of Spring Semester
NOTE: Room is not our usual FM seminar room;
this is not an FM seminar
Ioannis Karatzas, Columbia University Probability Seminar (NOT FM seminar)
Volatility Stabilization, Diversity and Arbitrage in Stochastic Finance
abstract
a survey paper
Friday 18 April 2008 at 5:30pm.
Location: Vincent 16
Roger Lee, University of Chicago Math Dept. Practitioner's Seminar
Hedging Options on Realized Variance
abstract
Friday 11 April 2008 at 5:30pm.
Location: Vincent 6 (NOTE: NOT Vincent 16)
Jason Morton, Stanford U Practitioner's Seminar
Algebraic Methods for Correlated Assets
abstract
slides
Friday 21 March 2008
NA There is no seminar due to Spring Break.
Tuesday 4 March 2008 at 7:00pm.
Location: Willey Hall 125
Ivar Ekeland, Univ. of British Columbia IMA Public Lecture
The Best of All Possible Worlds: The Idea of Optimization
IMA announcement
Friday 15 February 2008 at 5:30pm.
Location: Vincent 16
Rachel Marshak, Credit Suisse Practitioner's Seminar
What a Trader Looks For in a Quant
abstract
Friday 25 January 2008 at 5:30pm
First Friday of Spring Semester
Location: Vincent 570
Chris Welty (Walleye Trading) Introduction to Exchanges
abstract
slides
Tuesday 11 December 2007 at 2:30pm.
Location: Vincent 570
Last Tuesday of Fall Semester
Scot Adams, UMN-TC-Math The ABCDEFs of Financial Mathematics.
We'll cover material from the online lecture series.
Friday 7 December 2007 at 5:30pm.
Location: Vincent 570
CANCELED
William Barr, RiverSource Investments
CANCELED
Practitioner's Seminar
Tips for the Job Hunt and Career Prospects
CANCELED
Tuesday 4 December 2007
NA There is no seminar currently scheduled.
Friday 30 November 2007 at 5:30pm
Location: Vincent 570
Hunt Blatz, Allianz Life USA Practitioner's Seminar
What not to say in a job interview, and stuff like that.
Tuesday 27 November 2007 at 2:30pm.
Location: Vincent 570
Scot Adams, UMN-TC-Math The ABCDEFs of Financial Mathematics.
We'll cover material from the online lecture series.
Friday 23 November 2007
NA There will be no seminar due to Thanksgiving holiday.
Friday 16 November 2007 at 5:30pm.
Location: Vincent 570
Toby Madden, Federal Reserve Practitioner's Seminar
My uncle's take on the economy.
slides.
Tuesday 20 November 2007
NA There is no seminar currently scheduled.
Tuesday 13 November 2007 at 2:30pm.
Location: Vincent 570
Scot Adams, UMN-TC-Math The ABCDEFs of Financial Mathematics.
We'll cover material from the online lecture series.
Tuesday 6 November 2007
NA There is no seminar currently scheduled.
Tuesday 30 October 2007 at 2:30pm.
Location: Vincent 570
Scot Adams, UMN-TC-Math The ABCDEFs of Financial Mathematics
We'll cover material from the online lecture series.
Tuesday 23 October 2007
NA There will be no seminar today.
Tuesday 16 October 2007 at 2:30pm.
Location: Vincent 570
Scot Adams, UMN-TC-Math The Banach-Tarski Paradox
abstract
slides
Tuesday 9 October 2007
NA There will be no seminar today.
Tuesday 2 October 2007 at 2:30pm.
Location: Vincent 570
Scot Adams, UMN-TC-Math The ABCDEFs of Financial Mathematics
We'll cover material from the online lecture series.
Wednesday 22 August 2007 at 5:30pm.
Location: Vincent 570
Group Discussion
on CDO papers
Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Discussion material: Term structures of credit spreads with incomplete accounting information.
Discussion material: CDO Correlation Primer (by Dodson)
Wednesday 15 August 2007 at 5:30pm.
Location: Vincent 570
Philip Jones (Ameriprise Financial) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Phil Jones will discuss the Carr paper mentioned on the second page.
Carr paper slides (by Jones)
Wednesday 8 August 2007 at 5:30pm.
Location: Vincent 570
Yoav Tamir (Ameriprise Financial)
Philip Jones (Ameriprise Financial)
Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Yoav Tamir will discuss the Carr paper mentioned on the second page.
Carr paper slides (by Tamir and Jones)
Wednesday 1 August 2007 at 5:30pm.
Location: Vincent 570
Carlos Tolmasky (Cargill) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos Tolmasky will discuss Chapter 10.
Chapter 10 slides (by Tolmasky)
Wednesday 25 July 2007 at 5:30pm.
Location: Vincent 570
Chris Bemis (Whitebox)
Bill Barr (Riversource)
Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Chris Bemis plans to discuss Chapter 5.
           Chapter 5 slides (by Bemis)
Bill Barr will discuss Chapter 9.
           Chapter 9 slides (by Barr)
Wednesday 18 July 2007 at 5:30pm.
Location: Vincent 6
John Dodson (RiverSource)
John Baxter (UMN)
Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
John Dodson plans to finish Chapter 7.
     Chapter 7 slides (by Dodson)
John Baxter will discuss Chapter 8.      Chapter 8 slides (by Baxter)
Wednesday 11 July 2007 at 5:30pm.
Location: Vincent 6
Carlos Tolmasky (Cargill) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos plans to finish Chapter 4,
           and John Dodson may begin (on Chapter 7).
Chapter 2 slides (by Tolmasky)
Chapter 3 slides (by Tolmasky)
Chapter 4 slides (by Tolmasky)
Chapter 7 slides (by Dodson)
Wednesday 4 July 2007 NO SEMINAR.

NO SEMINAR NO SEMINAR
Wednesday 27 June 2007 at 5:30pm.
Location: Vincent 570
Carlos Tolmasky (Cargill) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos plans to finish Chapter 4,
           and John Dodson may begin (on Chapter 7).
Chapter 2 slides (by Tolmasky)
Chapter 3 slides (by Tolmasky)
Chapter 4 slides (by Tolmasky)
Chapter 7 slides (by Dodson)
Wednesday 20 June 2007 at 5:30pm.
Location: Vincent 570
Carlos Tolmasky (Cargill) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos plans to continue (possibly to Chapter 4),
           and John Dodson may begin.
Chapter 2 slides
Chapter 3 slides
Chapter 4 slides
Wednesday 13 June 2007 at 5:30pm.
Location: Vincent 570
Carlos Tolmasky (Cargill) Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos plans to talk on
           Chapter 2 (and maybe Chapter 3) today.
Chapter 2 slides
Chapter 3 slides
Wednesday 6 June 2007 at 5:30pm.
Location: Vincent 570
Carlos Tolmasky (Cargill) Organizational meeting for
                      Seminar on Credit Derivatives
Book: Credit Derivatives Pricing Models
           by P. Schoenbucher
Carlos plans to talk on
           Chapter 2 (and maybe Chapter 3) today.
Chapter 2 slides
Chapter 3 slides
Wednesday 30 May 2007 at 3:30pm.
Location: Vincent 1(CANCELED)
CANCELED CANCELED
Wednesday 23 May 2007 at 3:30pm.
Location: Vincent 1(CANCELED)
CANCELED CANCELED
Wednesday 16 May 2007 at 3:30pm.
Location: Vincent 1
Scot Adams, University of Minnesota continuation of Junior seminar in Financial Math
slides
Wednesday 9 May 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota
continuation of Junior seminar in Financial Math
Wednesday 2 May 2007 at 6:30pm.
Location: Vincent 570
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
Jason Vinar,
GMAC-RFC
The Current Crisis in the Subprime Mortgage Market
abstract
slides
Wednesday 25 April 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota
continuation of Junior seminar in Financial Math
slides
Wednesday 18 April 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota
continuation of Junior seminar in Financial Math
Wednesday 11 April 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota
continuation of Junior seminar in Financial Math
slides
Wednesday 4 April 2007 at 6:30pm.
Location: Vincent 570
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
Carlos Tolmasky,
Cargill
Principal Component Analysis in Term Structure Modeling
abstract
slides
Wednesday 28 March 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota

continuation of Junior seminar in Financial Math
Wednesday 21 March 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota

continuation of Junior seminar in Financial Math
Wednesday 14 March 2007 at 3:30pm.
Location: Vincent 1
NOTE: This is Spring Break. I'll do an optional topic. If you miss this, you won't lose the thread.
Scot Adams,
University of Minnesota

continuation of Junior seminar in Financial Math
Wednesday 7 March 2007 at 6:30pm.
Location: Vincent 570
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
Ryan Williams,
Cargill
Option Replication and Model Risk
abstract
slides
Wednesday 28 February 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota

continuation of Junior seminar in Financial Math
Wednesday 21 February 2007 at 6:30pm.
Location: Vincent 570
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
Gary Nan Tie,
St. Paul Travelers
Pricing in Incomplete Markets: Relating Actuarial and Financial Paradigms
abstract
notes
Wednesday 14 February 2007 at 3:30pm.
Location: Vincent 1
Scot Adams,
University of Minnesota

start of Junior seminar in Financial Math
Wednesday 7 February 2007 at 6:30pm.
Location: Vincent 570
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
Gary Nan Tie,
St. Paul Travelers
Pricing in Incomplete Markets: Relating Actuarial and Financial Paradigms
abstract
notes
Tuesday 6 February 2007 at 3:35pm.
Location: Vincent 16
NOTE: This is a Junior colloquium.
Note special time and location.
Scot Adams,
University of Minnesota

Financial Mathematics at the University of Minnesota
abstract
Wednesday 24 January 2007 at 6:30pm.
Location: Room 1832, Ameriprise HQ
707 Second Ave S
Parking: Across skyway at 225 Sixth St S
Have security desk at skyway level contact
    John Dodson (251-7432) for access
NOTE: This is a special PRACTITIONER LECTURE. Note special time and location.
John Dodson,
Ameriprise
Some Potential Topics for Future Seminar Meetings
abstract
slides
Monday 27 November 2006 at 3:30pm.
Location: Vincent Hall 6
Chris Bemis Ito's Lemma and Deriving the Black-Scholes PDE
abstract
Presentation: The Black-Scholes PDE from Scratch
Monday 20 November 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams Girsanov's Theorem    OR   The immutability of volatility
(continued)
New version of powerpoint presentation, Lecture 5
Monday 13 November 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams Girsanov's Theorem    OR   The immutability of volatility
Powerpoint presentation, Lecture 5
Monday 6 November 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams Closing in on Black-Scholes    OR   Mathematicians got it all
Powerpoint presentation, Lecture 5
Monday 30 October 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams The Central Limit Theorem    OR   Mathematicians got coin-flipping
PDF file of lecture notes, see esp. "Part B" which starts on p. 16
Monday 23 October 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams Delta-Hedging    OR   Pricers got hedge
Powerpoint presentation, Lectures 1 and 2
Monday 16 October 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams The Risk-Neutral World    OR   Coin-flippers got price
Powerpoint presentation, Lectures 1 and 2
Monday 9 October 2006 at 3:30pm.
Location: Vincent Hall 6
Scot Adams Mathematicians Got It All
Presentation (just under 30 minutes, with audio)
Wednesday 4 October Will not meet this week. Will not meet this week.
Wednesday 27 September Will not meet this week. Will not meet this week.
Wednesday, 20 September 2006 at 6:30pm in Ford 115 Chris Bemis (University of Minnesota) Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Numerical Methods for American Options (Chris Bemis)
Wednesday, 13 September 2006 at 6:30pm in Ford B60 Chris Bemis (University of Minnesota) Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Numerical Methods for a Certain PIDE (Chris Bemis)
Wednesday, 23 August 2006 at 6pm in Vincent 1 Lei (Nick) Guo (University of Minnesota) Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Chapter 10 (Nick Guo)
Wednesday, 16 August 2006 at 6pm in Vincent 1 Ryan Williams (Cargill) Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Chapter 11 (Ryan Williams)
Wednesday, 9 August 2006 at 6pm in Vincent 1 Carlos Tolmasky (Cargill)
John Baxter (University of Minnesota)
Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
John Baxter's presentation
Wednesday, 2 August 2006 at 6pm in Vincent 1 Carlos Tolmasky (Cargill) Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Wednesday, 26 July 2006 at 6pm in Vincent 6 Carlos Tolmasky (Cargill)
Ryan Williams (Cargill)
Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Chapter 8
Wednesday, 19 July 2006 at 6pm in Vincent 570 Carlos Tolmasky (Cargill)
Ryan Williams (Cargill)
Material from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Chapter 2      Chapter 3      Chapter 4 summary
Wednesday, 12 July 2006 at 6pm in Vincent 570 Carlos Tolmasky (Cargill) Chapters 2 and 3 from R. Cont and P. Tankov
Financial Modelling with Jump Processes
Chapter 2      Chapter 3      Chapter 4 summary
Wednesday, 5 July 2006 at 6pm in Vincent 570 Carlos Tolmasky
(Cargill)
Introductory meeting on Levi processes
Wednesday, 28 June 2006 at 6pm in Vincent 570 John Baxter
(University of Minnesota)
Introductory meeting on Levi processes
Wednesday, 7 June 2006 at 4:30pm in Vincent 570 Scot Adams
(University of Minnesota)
SDE-PDE connections
slides

Wednesday, 31 May 2006 at 4:00pm in Vincent 570 Scot Adams
(University of Minnesota)
Risk-Return Basics
abstract      slides
Wednesday, 24 May 2006 at 4:00pm in Vincent 570 Scot Adams
(University of Minnesota)
Risk-Return Basics
abstract      slides




Archive of previous semesters



Seminars in the School of Mathematics.
e-mail: adams@math.umn.edu