1. Ying Liu
3420 S. Cottage Grove Avenue, Chicago, IL 60616 (312)256-5025 yliu249@hawk.iit.edu
EDUCATION
Illinois Institute of Technology Master of Science
Mathematical Finance 09/2014 - 06/2016
Relevant Courses: Application of Software SAS; Econometrics; Simulated Securities Trading; Financial Risk
Management; Statistics; Macroeconomics; Microeconomics
TianjinUniversityofFinanceandEconomics Bachelor
Financial Engineering 09/2010 - 07/2014
Relevant Courses: Theory and Practice of Fixed Income Modeling (EXCEL); Monte Carlo Methods in Finance
(MATLAB); Computational Finance (Python); Data Mining (R); Bayesian Econometrics(MATLAB)
PROJECT
Yelp Challenge – Restaurant Review Text Mining
 Assessed the relationship between user review and Yelp numeric rating so that the review from other sources
can be converted into standard Yelp rating
 Used R to extract Json data containing businesses information of restaurants from Yelp challenge website.
 Performed preliminary text mining on 3,000 reviews, such as generating document term-matrix, text selection
and creating wordcloud graph.
 Developed logistic regression model to predicted rating segment based on unigram, bigram and trigram
frequency with 70% accuracy.
 Coordinated team members in the project and tracked the progress of the team
Delta Hedging portfolio
 Used Matlab to calculate volatility parameters and perform the hedging strategy
 Simulated hedging strategy using market data and compared result of different strategies
 Led the project team with 3 team members and presented the final result to the class on behalf the team.
Monte Carlo method to price Asian/European option
 Used geometric Brownian motion formula to generate Monte Carlo simulation path of the stock in Python
 Created Matlab function to simulate 99.9th VaR of the investment portfolio
PROFESSIONAL EXPERIENCES
Taikang Life Insurance Co., Ltd
Business Development Intern 07/2012 – 09/2012
 Assisted manager analyzing business development direction and pursued potential individual/entity client
 Learnt and involved in life insurance product development process, including product design, risk assessment,
pricing, and sales.
PROGRAMMING SKILLS
 Proficient in MS Office, Python, MATLAB, SAS, R