Finance is the study and discipline of money, currency and capital assets. It is related to and distinct from Economics which is the study of 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 des Ponts ParisTech 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.
Jean Tirole is a French economist who is currently a professor of economics at Toulouse 1 Capitole University. He focuses on industrial organization, game theory, banking and finance, and psychology. In particular, he focuses on the regulation of economic activity in a way that does not hinder innovation while maintaining fair rules.
In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets.
Aswath Damodaran, is a Professor of Finance at the Stern School of Business at New York University, where he teaches corporate finance and equity valuation. He is widely-known for his published works, which include several influential books on these topics. His contributions extend to his popular blog, "Musings on Markets," and an extensive online presence, where he shares resources on finance and valuation.
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.
François-Serge Lhabitant is with a European family office where he directly oversees a multi-billion portfolio allocated primarily to hedge funds, private and public markets, and risk-controlled strategies. His portfolio has received several awards for its performance and risk-adjusted performance.
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.
Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling of financial markets.
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 American 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.
