Report on the subject area of Monte Carlo methods in Financial Mathematics

The project should take the form of a report on the subject area of Monte Carlo methods in Financial Mathematics and run to approximately 20 pages. You may focus on a particular area or take a broad perspective.
It is important the work is written by you and that you do not transcribe content from other sources with the exception of attributed quoted passages. You must reference properly any source material you use for your work.
Task: Prepare a report on Monte Carlo (MC) methods in financial applications. This report should
contain a review of the method and its uses in finance. You must reference any source material used.
You should consider a specific are to specialise your report on following your initial broader survey.
This may be numerical or analytical.
Marks will be allocated for content, presentation, independence, originality, referencing.

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