Martin Schmelzle, Dipl.–Oec.

On this web page you can find some brief information about my educational background and main interests, specialization and future objectives.

short bio

In 2008 I finished my studies at the Leibniz Universität Hannover, School of Economics and Management and graduated as ‘Diplom–Oeconom’. My electives for specialization have been

During my studies I spent one year in Madrid, Spain via the ERASMUS/SOKRATES program, where the School maintains a partnership with the Universidad Rey Juan Carlos. At the Institute of Finance and Banking I wrote my thesis with the title “Optionspreisbewertung mit stochastischer Volatilität und Sprungprozessen – Eine Untersuchung am Deutschen Aktienindex” supervised by Prof. Dr. Daniel Rösch.

interests and specialization

Since graduating from university I spend the majority of my time working on topics related to the fascinating field of Quantitative Finance. To gain a deeper understanding of the theory of asset pricing and turning formulae into running code is a rewarding task.

There is ample evidence that many standard approaches in financial mathematics based on the normal distribution like e.g. Black–Scholes Option Pricing are not always an adequate choice. In fact there are often heavy-tailed and leptokurtic data which are seen for a lot of underlying assets. I have a big interest in modeling and implementation of contemporary quantitative models for financial instruments taking into account these empirical issues and other ‘stylized facts’. This includes areas like

  • Numerical and quantitative methods for financial modeling
  • Optimization and simulation methods
  • Stochastic processes (with jumps)
  • Model calibration
  • Mathematical algorithms and computational techniques

career objectives

Primarily, I am highly interested in a full-time opportunity for an entry level position in the financial arena. Though, beside my primary goal, I am also always interested in joining part-time projects related to the field.

want to know more ?

If you want to know more about me or my professional specialization, please, do not hesitate to contact me!