The recent explosive growth in financial markets has led to the rapid development of
knowledge in the quantitative approaches to finance. Most significant results have been obtained
by multidisciplinary research efforts involving Economics, Mathematics, Statistics and Engineering.
North Carolina State University is in the process of establishing a
Masters Program
in Financial Mathematics and Engineering. Research at the Ph.D. level and higher in this area, however, is being
carried on in individual departments.
A focus group on Research in Financial Mathematics and Engineering has been created within the
existing Center for Research in Scientific Computation. Our goal is to stimulate joint research and
to provide a forum for exchange with the concerned industries, including banks, investment firms,
energy companies or natural resource based firms, that all face problems of risk management. Interest
in new risk management tools is growing in North Carolina and NCSU has an opportunity to play a
nationwide leading role in this domain. An
active seminar series
in FME has already been established.
We are organizing a one-day workshop at NC State where selected faculty and industry participants
will present example research problems. The conference will end with a round table discussion about the
need for and the benefits from a Center in FME and how to best structure interaction between the center
and its industry partners. This conference will serve both to provide information about ongoing research
activities at NCSU and to begin a dialog between NCSU faculty and graduate students and relevant
industry participants.
There is a $50 registration fee which will include lunch. Please make check payable to
"North Carolina State University (FME Workshop)". Please send all correspondence to the following address:
FME Workshop
Attn: July Duran
Center for Research in Scientific Computation
North Carolina State University
Box 8205
Raleigh, NC. 27695-8205
email: jdduran@unity.ncsu.edu
The organizers:
Paul L. Fackler
Department of Agricultural and Resource Economics
North Carolina State University
paul_fackler@ncsu.edu and
Jean-Pierre Fouque
Departement of Mathematics
North Carolina State University
fouque@math.ncsu.edu