Emanuel Derman

O Autorze

Emanuel Derman is a prominent figure in the world of finance and quantitative analysis. Born in South Africa, he initially pursued a career in physics, earning his PhD from Columbia University. This scientific background laid the foundation for his transition into finance, where he became a leading expert in quantitative finance and risk management. Derman is best known for his work on the Black-Derman-Toy model, which has had a significant impact on the pricing of options and financial derivatives.

Throughout his career, Derman has authored several influential books, including 'My Life as a Quant' and 'The Volatility Smile'. His writings not only delve into complex financial theories but also reflect on his personal journey through the realms of physics and finance. Derman has been a strong advocate for the integration of scientific principles within the financial sector, emphasizing the importance of understanding the underlying mathematics in the world of finance.