Thesis Abstract

Abstract
The integration of machine learning algorithms in the realm of financial mathematics has significantly transformed the landscape of financial decision-making and risk management. This thesis explores the applications of machine learning techniques in financial mathematics, focusing on their effectiveness in predicting stock prices, portfolio optimization, risk assessment, and fraud detection within the financial sector. The study delves into the theoretical foundations of machine learning and its practical implications within the context of financial mathematics. Chapter One provides an overview of the research framework, beginning with the Introduction which outlines the importance of machine learning in financial mathematics. It proceeds to discuss the Background of the study, highlighting the evolution of machine learning in the financial industry. The Problem Statement identifies the challenges faced in traditional financial analysis that machine learning aims to address. The Objectives of the study elucidate the specific goals and outcomes sought through the research, while the Limitations of the study and Scope of the research delineate the boundaries and constraints within which the study operates. The Significance of the study underscores the potential impact of integrating machine learning in financial mathematics, and the Structure of the Thesis provides a roadmap for the subsequent chapters. Lastly, the Definition of Terms clarifies key concepts and terminology used throughout the thesis. Chapter Two comprises a comprehensive Literature Review that critically examines existing research on the applications of machine learning in financial mathematics. It covers ten key areas of study, including stock price prediction models, portfolio optimization strategies, risk assessment methodologies, and fraud detection techniques. The review synthesizes relevant literature to highlight the current trends, challenges, and opportunities in this field. Chapter Three details the Research Methodology adopted in this study, encompassing various aspects such as data collection methods, model selection criteria, feature engineering techniques, and evaluation metrics for assessing model performance. The chapter also discusses the implementation of machine learning algorithms, data preprocessing steps, and model validation procedures. In Chapter Four, the Discussion of Findings presents a comprehensive analysis of the results obtained through the application of machine learning in financial mathematics. It evaluates the performance of predictive models, portfolio optimization strategies, risk assessment frameworks, and fraud detection algorithms in real-world financial scenarios. The chapter discusses the implications of these findings and their potential implications for the financial industry. Chapter Five concludes the thesis by summarizing the key findings, discussing their implications, and offering recommendations for future research. It highlights the significance of integrating machine learning in financial mathematics and the potential benefits it offers in enhancing decision-making processes and risk management practices within the financial sector. In conclusion, this thesis provides valuable insights into the applications of machine learning in financial mathematics, shedding light on the transformative potential of these technologies in shaping the future of financial analysis and decision-making.

Thesis Overview