Matlab is a technical computing software that allows you to solve complex mathematical problems, optimize systems with thousands of variables, and plot statistical, probabilistic and regression models. Matlab is used in a wide range of fields including, finance, economics, biology, and communications. Practical applications include: Evaluating, processing, and displaying large amounts of numerical data Developing and deploying financial models Financial engineering tasks such as pricing and analysis of different securities Chart historical and live market data Develop quantitative models to optimize performance and minimize risk