A derivative is a contract which price depends on a certain asset - it could be a stock, bond, oil, or even the weather.

The participants will be divided into teams to solve the final task

You will become a part of the community that brings together the best financial mathematicians in Russia.

I take part in the Quantaton library development. During the program, I will help you understand the finite difference method and arbitrage-free (fair) valuation of derivatives.

About me: I like St. Petersburg, playing tennis and sleeping. In my spare time I intern at the Quantitative Research of the VTB Bank.

At Quantaton, I will help you understand the practical matters of derivatives valuation and how the pricing library is organized. Often, we don't have an obvious formula for fair value and we have to use numerical methods, which I will talk about in detail.

About me: I'm a student, I lead an active lifestyle and often watch random videos at 3am - about philosophy, linguistics and other unpredictable topics.

I will be validating the difficulty of the assignments and helping participants to complete them assignments at Quantaton. I am an intern at the Quantitative Risks in VTB Bank and am able to explain basic things in a clear way.

About me: I like working out and arm wrestling, cheese and functional analysis. I work in the student research group "Market Microstructure".

I will tell you about Python and its application in financial math problems. I consider programming skill very important, because, without the correct realization of theoretical idea, it is impossible to achieve a reliable final result.

About me: I like sports, jazz and dancing.

Before Quantaton, I will remind you how to numerically solve differential equations and help you understand stochastics. During the program, I will help with problem solving assessment. I can tell you in detail about the Vega specialization at Mech-Math and about Vega student research groups.

About me: I like to cook pasta and make pottery.

At Quantaton, I will be checking your assignments and answer your questions. Before that, I will validate the tasks and help you with preparation.

About me: I like to rest hard and work hard. I have finished the fourth year of the Vega specialization and work in the student research group "Stochastic Volatility Models".

Every Quantaton is a celebration and an event to look forward to!
It is an opportunity to communicate with like-minded people and cool experts in financial mathematics; to challenge yourself, your knowledge and capabilities.
An intensive day program with lectures, and evening cramming with participants and tutors — all this energizes you and stays in your memory, thoughts and notes for a long time after the Quantaton!

At Quantaton, I finally met 3 elements of academia in one place: the best experts, the best scientific topics and the best environment. From morning till night, communicating with professors, students and organizers, I was able to pump my knowledge in very cool aspects of mathematics. I fed my enthusiasm and got acquainted with current and future geniuses. And all of this was possible thanks to the Vega Foundation, which created the perfect environment for us to learn and socialize in.

I used to not even know what an option was, and now I'm in a student research group on "Stochastic Volatility".
A hackneyed away school or typical competition is not about Quantathon. Here in just a week you can get a grasp of financial mathematics, get in the shoes of an actual quant and talk with famous and leading scientists. The organization of the school is something that you are amazed by countless times – still, the Vega team manages to take it to a new level with every Quantaton! For me personally, Quantaton was the perfect starting point into the world of financial mathematics, which I still interact with to this day. :)

The school made very good impression on me: a strong introduction to financial mathematics, cramming until night and, of course, the location. During the school, you had to do something all the time, and at the end there was a challenge (Quantaton) where you could compete to find out who understood the program better.

Ability to quickly learn new mathematical methods and apply them

The school materials are partially in English.

Recommended size – no longer than 1 page.

Recommended content:
-       Describe your motivation to participate in Quantaton – up to 20 points.
-       Describe your further academic and/or career plans, how are you going to use the knowledge and skills gained at Quantaton – up to 10 points.

Maximum score – 30 points.

Be ready to answer additional questions orally.

Recommended size – no longer than 2 pages

Recommended content:
-       Information about your higher education: school, major, level of study, period of study – up to 15 points.
-       Describe your current knowledge, skills and experience that will help you master the school program – up to 10 points.
-       Indicate your GPA in major disciplines (mathematics, programming and other related disciplines) - up to 5 points. GPA will be taken into account only if you submit the transcript of records that covers the whole period of your studies.

Maximum score – 30 points.

In order to receive additional points for your GPA in major disciplines, you must submit the transcript of records that covers the whole period of your studies.

A letter of recommendation from your academic supervisor / academic head of the educational program / faculty management will give you an advantage, other things being equal.