Overview
Mathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, 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.
Full Product Details
Author: Marek Capiński ,
Tomasz Zastawniak
Publisher: Springer London Ltd
Imprint: Springer London Ltd
Edition: 2nd ed. 2011
Dimensions:
Width: 15.50cm
, Height: 1.80cm
, Length: 23.50cm
Weight: 1.090kg
ISBN: 9780857290816
ISBN 10: 0857290819
Pages: 336
Publication Date: 25 November 2010
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Paperback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Reviews
From the reviews of the second edition: This second edition ! is to start each chapter with the presentation of a case study and to end each chapter with a thorough discussion of that study. The authors also added new material on time-continuous models, along with the essentials of the mathematical arguments. ! The current book is more substantial ! . Summing Up: Recommended. Upper-division undergraduates and graduate students. (D. Robbins, Choice, Vol. 48 (10), June, 2011)
<p>From the reviews of the second edition: This second edition is to start each chapter with the presentation of a case study and to end each chapter with a thorough discussion of that study. The authors also added new material on time-continuous models, along with the essentials of the mathematical arguments. The current book is more substantial . Summing Up: Recommended. Upper-division undergraduates and graduate students. (D. Robbins, Choice, Vol. 48 (10), June, 2011)
From the reviews of the second edition: This second edition ... is to start each chapter with the presentation of a case study and to end each chapter with a thorough discussion of that study. The authors also added new material on time-continuous models, along with the essentials of the mathematical arguments. ... The current book is more substantial ... . Summing Up: Recommended. Upper-division undergraduates and graduate students. (D. Robbins, Choice, Vol. 48 (10), June, 2011) Throughout the text, the authors invite active reader participation. One way is by opening and closing each chapter with a case study. ... authors have embedded all of the exercises in the discussion. ... Solutions to all exercises appear in an appendix. This makes the book excellent for self-study. ... this book provides an excellent introduction to financial engineering. ... authors display impressive dexterity in ushering the reader from basics to an understanding of some of the deepest and most far-reaching ideas in the discipline. (David A. Huckaby, The Mathematical Association of America, February, 2011) This second edition consists of standard topics for undergraduate level financial mathematics courses, plus an introduction to materials from an advanced level course. ... Each chapter starts with a case study and ends with a discussion on it using the material taught in the chapter. In general this book provides many examples and exercises, which is very useful for helping readers to understand the materials covered. Overall this is a great book for upper level undergraduate students and those who want to self-study financial engineering. (Youngna Choi, Mathematical Reviews, Issue 2012 e)
Author Information
Marek Capinski is Professor of Mathematics at AGH University of Science and Technology, Poland. Tomasz Zastawniak is Professor of Mathematics at the University of York, UK.
