Operations Research: Nonlinear Programming and Linearization
In many cases, we need to deal with nonlinear situations, e.g.: product pricing decision, inventory, portfolio optimization. Above...
Visualizing Statistical Data
Statistics: Arts and Sciences Statistics is the subject that encompasses all aspects of learning from data. We are...
The Natural Hierarchy of Money
Banks There are sorts of 2 issue arise when we are thinking about banks: There is a link...
Eigenvalues and Eigenvectors
Determinants can tell us whether a matrix has an inverse, and more importantly it can help us solve...
Six Sigma: Quality Tools and Metrics
A few quality tools often used in Six Sigma: Flow charts and process maps are often the first...
English Common Law
English Legal System Common law system means that the decisions of judges in courts are of central importance...
Six Sigma: Foundations
The definition of quality boils down to how well we serve the needs of our customers. Six Sigma...
Vector Space & Fundamental Subspaces
A vector space consists of a set of vectors (column matrices) and a set of scalars (real numbers),...
Forms of Business Organizations
Sole Proprietorship and General Partnership These are the 2 most fundamental forms of business entities. They are the...
Matrices & Systems of Linear Equations
Matrix is a rectangular array of numbers. In an m*n matrix, m stands for the number of rows,...
Operations Research: Integer Programming
Integer programming is generally from linear programming but allowing you to have integer variables, which means you may...
Liquidity, Portfolio Execution, Real Options
Liquidity What is Liquidity and what is a liquidity security is very hard to define in practice. Liquid...
Financial Statement: Company Position
The financial statements are a manifestation of accounting, which is what we use to prepare proper financial statements....
Financial Markets Week 2
It takes long for ideas to develop. We might be excessively fearful or unwillingly to change. Risk management...
Credit Derivatives and Structured Products
Securitization Securitization is the process of constructing new securities from the cash flows generated by a pool of...