On August 28, Dr Redentor S. Mariano, the Dean of the Graduate School of Jose Rizal University, was invited by Faculty of Finance to give a special topic lecture of "Modelling Interbank Call Loan Rates with Jump Diffusion" at Ho Yin Convention Centre. Associate Professor Khong Yueng Wah, the Associate Dean of Faculty of Finance, extended warm welcome and gratitude to him.

  Dr Redentor S. Mariano spelled out the concept of modelling jumping diffusion from three perspectives – operational framework, introduction to the model, and the definition of econometrics. Apart from leading the students to analyse the functions of the parameters with the concept of the model and the process of diffusion, he set forth relevant research methods. Then, he focused on the research design, analysing the type of research, introducing the objective of the research method, and pointing out the strengths and weakness of the modelling.

  Finally, Dr Redentor S. Mariano assessed the jump diffusion model with factors like market expectation, summarized the modelling and model-based problem analysis in the banking industry, and gave some suggestions. With great patience, he answered all the questions raised by the teachers and the students. This lecture enriched our students’ knowledge of the field, and the teachers and the students said that they benefited a lot from it.