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What is FirstLecture MG258 about?

The document outlines various roles within quantitative finance, including Front Office Quants, Model Validation Quants, and Research Quants, among others. It provides a historical overview of key developments in quantitative finance and derivatives, highlighting significant contributions from figures like Bachelier, Black, Scholes, and Merton. Additionally, it discusses the importance of derivatives for risk management and the differences between trading derivatives on exchanges versus over-the-counter (OT

Author

Savyasachi Deval

Language

EN