Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance.
École nationale des ponts et chaussées; lit. 'National School of Bridges and Roads'; or ENPC, also nicknamed Ponts is a grande école in the field of science, engineering and technology. Founded in 1747 by Daniel-Charles Trudaine, it is one of the oldest and one of the most prestigious French grandes écoles.
The École normale supérieure de Lyon is a French grande école located in the city of Lyon. It is one of the four prestigious écoles normales supérieures in France. The school is composed of two academic units —Arts and Sciences— with campuses in Lyon, near the confluence of the Rhône and Saône rivers.
ENSAE Paris is a university in France, known as Grandes Ecoles and a member of IP Paris. ENSAE Paris is known as the specialization school of École polytechnique for economics, finance, applied mathematics, statistics, and data science. It is one of France's top engineering schools and is directly attached to France's Institut national de la statistique et des études économiques (INSEE) and the French Ministry of Economy and Finance.
Econophysics is a non-orthodox interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics. Some of its application to the study of financial markets has also been termed statistical finance referring to its roots in statistical physics. Econophysics is closely related to social physics.
The École normale supérieure Paris-Saclay, formerly ENS Cachan, is a grande école and a constituent member of Paris-Saclay University. It was established in 1892. It is located in Gif-sur-Yvette within the Essonne department near Paris, Île-de-France, France.
J. Doyne Farmer is an American complex systems scientist and entrepreneur with interests in chaos theory, complexity and econophysics. He is Baillie Gifford Professor of Complex Systems Science at the Smith School of Enterprise and the Environment, Oxford University, where he is also director of the Complexity Economics programme at the Institute for New Economic Thinking at the Oxford Martin School. Additionally he is an external professor at the Santa Fe Institute. His current research is on complexity economics, focusing on systemic risk in financial markets and technological progress. During his career he has made important contributions to complex systems, chaos, artificial life, theoretical biology, time series forecasting and econophysics. He co-founded Prediction Company, one of the first companies to do fully automated quantitative trading. While a graduate student he led a group that called itself Eudaemonic Enterprises and built the first wearable digital computer, which was used to beat the game of roulette. He is a founder and the Chief Scientist of Macrocosm Inc, a company devoted to scaling up complexity economics methods and reducing them to practice.
Statistical finance is the application of econophysics to financial markets. Instead of the normative roots of finance, it uses a positivist framework. It includes exemplars from statistical physics with an emphasis on emergent or collective properties of financial markets. Empirically observed stylized facts are the starting point for this approach to understanding financial markets.
Wilmott Magazine is a mathematical finance and risk management magazine, combining technical articles with humor pieces. Each copy of Wilmott is 11 inches square, runs about 100 pages, and is printed on glossy paper. The magazine has the highest subscription price of any magazine.
IAE Paris Sorbonne Business School is a public business school, part of the University of Paris 1 Panthéon-Sorbonne in Paris, France. It is part of the IAE network.
Jean-Philippe Bouchaud is a French physicist. He is co-founder and chairman of Capital Fund Management (CFM), adjunct professor at École Normale Supérieure and co-director of the CFM-Imperial Institute of Quantitative Finance at Imperial College London. He is a member of the French Academy of Sciences, and held the Bettencourt Innovation Chair at Collège de France in 2020.
Jean-Pierre Aguilar was a French entrepreneur. He is best known as the co-founder and chief executive of Capital Fund Management.
AQR Capital Management is a global investment management firm based in Greenwich, Connecticut, United States. The firm, which was founded in 1998 by Cliff Asness, David Kabiller, John Liew, and Robert Krail, offers a variety of quantitatively driven alternative and traditional investment vehicles to both institutional clients and financial advisors. The firm is primarily owned by its founders and principals. AQR has additional offices in Boston, Chicago, Los Angeles, Bangalore, Hong Kong, London, Sydney, and Tokyo.
Quantitative analysis is the use of mathematical and statistical methods in finance and investment management. Those working in the field are quantitative analysts (quants). Quants tend to specialize in specific areas which may include derivative structuring or pricing, risk management, investment management and other related finance occupations. The occupation is similar to those in industrial mathematics in other industries. The process usually consists of searching vast databases for patterns, such as correlations among liquid assets or price-movement patterns.
Toulouse School of Economics is a school of economics, affiliated with Toulouse 1 Capitole University, a constituent college of the Federal University of Toulouse Midi-Pyrénées. It is located in the city of Toulouse, France.
Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling in the financial field.
The Conférence des Grandes Écoles (CGE), French for "Conference of Grandes Écoles", is a French national institution, created in 1973. It mainly acts as an association of Grandes Écoles, providing representation, research and accreditation. A Grande école is a French institution of higher education that is separate from, but parallel and often connected to, the main framework of the French public university system.
Raphael Douady is a French mathematician and economist. He holds the Robert Frey Endowed Chair for Quantitative Finance at Stony Brook, New York. He is a fellow of the Centre d’Economie de la Sorbonne, Paris 1 Pantheon-Sorbonne University, and academic director of the Laboratory of Excellence on Financial Regulation.
Marco Avellaneda (Ph.D.) was an Argentinean mathematician and financial consultant. He was the director of the Division of Financial Mathematics at the Courant Institute at New York University.
Matthieu Wyart is a French physicist. He is a professor of physics at EPFL and the head of the Physics of Complex Systems Laboratory.
