The financial markets worldwide have seen a tremendous growth in the last four decades. This was driven largely by financial innovation riding on complex pricing and hedging formulas provided by pioneering developments in mathematical finance. Mathematical finance also contributed strongly by providing quantitative models for investment in portfolio of assets and in managing diverse and complex market, credit and operational risks. Financial derivatives were introduced in Indian markets in 2000. Since then they have grown tremendously in trade volume. However, India currently lacks a critical mass of researchers and practitioners adept in further developing and implementing sophisticated ideas in mathematical finance.To facilitate growth of research in this area we are conducting a two week long school and a workshop on Mathematical Finance sponsored by ICTS where the top luminaries in the field of mathematical/computational finance and financial economics teach a short course to int...
