The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk, Series Number 8)
$93.99
Description
Book Synopsis: An ideal introduction for those starting out as practitioners of mathematical finance, this book provides a clear understanding of the intuition behind derivatives pricing, how models are implemented, and how they are used and adapted in practice. Strengths and weaknesses of different models, e.g. Black–Scholes, stochastic volatility, jump-diffusion and variance gamma, are examined. Both the theory and the implementation of the industry-standard LIBOR market model are considered in detail. Each pricing problem is approached using multiple techniques including the well-known PDE and martingale approaches. This second edition contains many more worked examples and over 200 exercises with detailed solutions. Extensive appendices provide a guide to jargon, a recap of the elements of probability theory, and a collection of computer projects. The author brings to this book a blend of practical experience and rigorous mathematical background and supplies here the working knowledge needed to become a good quantitative analyst.
Details
Are you looking to start a career in mathematical finance? Look no further than "The Concepts and Practice of Mathematical Finance" book. This comprehensive guide is perfect for beginners in the field, providing a clear understanding of the intuition behind derivatives pricing and how models are implemented in practice. With a focus on both theory and implementation of industry-standard models, including Black-Scholes, stochastic volatility, jump-diffusion, and variance gamma, this book equips you with the necessary knowledge to excel in quantitative analysis.
One of the strengths of this book is its practical approach. The author combines practical experience with a rigorous mathematical background to provide you with real-world insights. You'll find numerous worked examples and over 200 exercises with detailed solutions, allowing you to test and expand your understanding. Additionally, the extensive appendices serve as a handy guide to industry jargon, probability theory, and even offer exciting computer projects.
Stay ahead of the curve and master the concepts of mathematical finance with this second edition. Whether you're a student or an aspiring quantitative analyst, this book is your key to success. Don't miss out on this incredible resource. Get your copy of "The Concepts and Practice of Mathematical Finance" now!
Click here to order your copy today and dive into the world of mathematical finance.
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