MATLAB, also known as Matrix Library, is a high-level programming language that provides a numeric computing environment. It allows matrix manipulations, plots functions and data, implements algorithms, creates user interfaces, and interfaces with programs written in other languages.
Learn MATLAB from universities like Vanderbilt University, University of Pennsylvania, and Institutions like MathWorks.
Matlab is a fourth-generation programming language developed by The MathWorks. It provides a numerical computing environment. Matlab performs a number of mathematical functions such as creating user interfaces, plotting data and functions, implementing data, etc. It is used by millions of people around the world and almost every industry relies on its use to perform mathematical problems.
Matlab is a platform where the user can easily perform all their mathematical exercises. Matlab was developed in the 1970s by Cleve Moler, who was a professor at the University of New Mexico. Over the years, Matlab has undergone many changes and modifications to further improve it.
Today, Matlab is more preferred in the financial niche because it is highly accurate and reliable. To use Matlab or Matrix Laboratory, you must first learn Matlab or M-Code. Matlab is primarily used with multidimensional arrays, 2D matrices, and 1D vectors. It can also call libraries that are written in ActiveX or Java. Matlab allows users to solve mathematical languages more easily and quickly than compared to other programming languages such as C or Fortran, making it more suitable for use in finance where speed and reliability are required.
At first, Matlab was limited to only a few designers, but due to its high usefulness, it soon spread to other areas of industry. Today, Matlab is used not only in industry, but also in colleges, universities, military, stock exchanges, etc.
Matlab has proven to be a boon to finance. No one can deny the importance of Matlab in the field of finance. Human beings are also incapable of solving exhaustive mathematical problems with a high degree of accuracy.
