Editorial Reviews
Book Description
Designed to form the basis of an undergraduate course in mathematical finance, this book builds on mathematical models of bond and stock prices and covers three major areas of mathematical finance that all have an enormous impact on the way modern financial markets operate, namely: Black-Scholes’ arbitrage pricing of options and other derivative securities; Markowitz portfolio optimization theory and the Capital Asset Pricing Model; and interest rates and their term structure. Assuming only a basic knowledge of probability and calculus, it covers the material in a mathematically rigorous and complete way at a level accessible to second or third year undergraduate students. The text is interspersed with a multitude of worked examples and exercises, so it is ideal for self-study and suitable not only for students of mathematics, but also students of business management, finance and economics, and anyone with an interest in finance who needs to understand the underlying theory.
Book Info
Text is designed to form the basis of an undergraduate course in mathematical finance, building on mathematical models of bond and stock prices. Covers three major areas of mathematical finance that all have an impact on the way modern financial markets operate. Softcover. DLC: Finance--Mathematical models.
Mathematics for Finance : An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series),Marek Capinski,Tomasz Zastawniak,Springer,1852333308,Applied,Business / Economics / Finance,Business Mathematics,Finance,General,Investments,Mathematical models,Mathematics,Science/Mathematics,Applied mathematics,Business & Economics / Finance,Derivative Securities,Financial Engineering,Mathematical Finance,Portfolio Theory,Risk Management
Hot Books:
Recommended Books