On the Virtues of Monte Carlo Simulation – even for mathematicians (and actuaries)

Posted on September 14th, 2012 by

When: Wednesday, September 19, 2012, 11:30am-12:20pm

Gary A. HatfieldWhere: Olin Hall 318

Presenter: Gary A Hatfield, PhD FSA CFA CERA MAAA Investment Actuary, Corporate Actuarial, Securian Financial Group

Over my years as an actuary, I have developed a deep appreciate of the power and value that Monte Carlo simulation brings as tool
for gaining insight to various problems. In this talk, I will illustrate by examples why Monte Carlo can be so powerful even though many may┬ánot view it as “real” mathematics. The examples are taken from my real life but should be readily accessible to undergraduates.

Given time, I hope to speak a little on careers in actuarial science and quantitative finance.

Lunch will be served.

This presentation is part of the MCS Seminar series; please see the calendar of upcoming events.


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