The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk)
Editorial Reviews
Review
'The book is intended as an introduction for a numerate person to the discipline of mathematical finance. In this, Mark Joshi succeeds admirably ... an excellent starting point for a numerate person in the field of mathematical finance.' Risk Magazine
'The author allows the reader as often as possible to get an intuition for the models and concepts. Helpful information is given on how to use and implement these models and concepts in practical terms. This practice-orientation makes this book different from others belonging to this category ... the text is also well suited as a textbook for a quantitative-oriented introductory course on finance at universities or other academic institutions ... one can say that this introductory book in offering a well balanced and up-to-date introduction to the theory and practice of mathematical finance overshadows many other books available on the same subject.' Zentralblatt MATH
'The book has been very nicely produced by Cambridge University Press. I would certainly recommend that anyone teaching an introductory or intermediate course on this topic seriously consider this book as a potential course text.' International Statistical Institute
Book Description
This introductory text provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. M. Joshi covers the strengths and weaknesses of such models as stochastic volatility, jump diffusion, and variance gamma, as well as the Black-Scholes. Examples and exercises, with answers, as well as computer projects, challenge the mind and encourage learning how to become a good quantitative analyst.
The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk),Mark S. Joshi,Mark Broadie,Sam Howison,Neil Johnson,George Papanicolaou,Cambridge University Press,0521823552,Derivative securities,Finance,Interest rates,Mathematical Analysis,Mathematical models,Mathematics,Options (Finance),Prices,Probability & Statistics - General,Reference,Science/Mathematics,Mathematics / Applied,Probability & statistics
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