Mark S. Joshi
Encyclopedia
Mark S. Joshi is a researcher and consultant in mathematical finance
Mathematical finance
Mathematical finance is a field of applied mathematics, concerned with financial markets. The subject has a close relationship with the discipline of financial economics, which is concerned with much of the underlying theory. Generally, mathematical finance will derive and extend the mathematical...
. He obtained a B.A. in mathematics (Top of class) from the University of Oxford
University of Oxford
The University of Oxford is a university located in Oxford, United Kingdom. It is the second-oldest surviving university in the world and the oldest in the English-speaking world. Although its exact date of foundation is unclear, there is evidence of teaching as far back as 1096...
in 1990, and a Ph.D. in pure mathematics
Pure mathematics
Broadly speaking, pure mathematics is mathematics which studies entirely abstract concepts. From the eighteenth century onwards, this was a recognized category of mathematical activity, sometimes characterized as speculative mathematics, and at variance with the trend towards meeting the needs of...
from the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
in 1994 under the supervision of Richard Melrose. He was an assistant lecturer in the department of pure mathematics and mathematical statistics at Cambridge University and a fellow of Darwin college from 1994 to 1999. Following which he worked for the Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
from 1999 to 2005 as a quantitative analyst at a variety of levels, finishing as the Head of Quantitative Research for Group Risk Management. He joined the Centre for Actuarial Studies at the University of Melbourne
University of Melbourne
The University of Melbourne is a public university located in Melbourne, Victoria. Founded in 1853, it is the second oldest university in Australia and the oldest in Victoria...
in November 2005 as an associate professor, and he is now a full professor. He lectures the subject Financial Mathematics III and is also a highly sought after honours supervisor in the department. He is a famous quant and known for his guide "On becoming a quant".
Mark Joshi has written many research articles on quantitative finance. The papers can be accessed from the SSRN
Social Science Research Network
The Social Science Research Network is a website devoted to the rapid dissemination of scholarly research in the social sciences and humanities. SSRN is viewed as particularly strong in the fields of economics, finance, accounting, management, and law. SSRN was founded in 1994 by Michael Jensen ...
library:
http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=550354.
He has written two books on mathematical finance:
- The Concepts and Practice of Mathematical Finance,
- C++ Design Patterns and Derivatives Pricing,
and one book on quantitative finance job interview:
- Quant Job Interview Questions And Answers.
His fourth book "More Mathematical Finance" was published in September 2011.