This text is an excellent introduction to Mathematical Finance. Armed with a knowledge of basic calculus and probability a student can use this book to learn about derivatives, interest rates and their term structure and portfolio management. The text serves as an easily understood introduction to the economic concepts but also manages to cover the topics in a mathematically rigorous manner.
It presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting.
It presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting.
Title Mathematics for Finance: An Introduction to Financial Engineering
Author(s) Marek Capinski, Tomasz Zastawniak
Publisher: Springer; 2nd Edition. edition (November 25, 2010)
Paperback 349 pages
Language: English
ASIN/ISBN-10: 0857290819
ISBN-13: 78-0857290816
eBook: Download
Author(s) Marek Capinski, Tomasz Zastawniak
Publisher: Springer; 2nd Edition. edition (November 25, 2010)
Paperback 349 pages
Language: English
ASIN/ISBN-10: 0857290819
ISBN-13: 78-0857290816
eBook: Download
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