Stochastic differential equations (SDEs) are at the heart of modern financial modelling, providing a framework that accommodates the inherent randomness observed in financial markets. These equations ...

The field of optimal investment and reinsurance strategies in financial markets has developed into a critical research area that addresses the dual challenges of risk management and capital ...

Editor’s note: This is part of a series of stories featuring master’s degree programs at the University of Chicago. After earning a bachelor’s degree in mathematics and economics then working in ...