<p>“The book is very complete, didactic, with many examples, with very illustrative graphs, and nicely edited. I have no doubt that reading it can be very profitable for students and teachers of both economics and business administration … . The book very elegantly maintains the difficult balance between theory and practice. I, as a mathematician and researcher on stochastic finance … consider that the book is very interesting, recommendable … .” (Josep Vives, zbMATH 1532.91001, 2024)</p>
This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering. The author presents and discusses the basic concepts of financial engineering and illustrates how to trade and to analyze financial products with numerous examples. Special attention is given to the valuation of basic financial derivatives. In the final section of the book, the author introduces the Wiener Stock Price Model and the basic principles of Black-Scholes theory. The book’s aim is to introduce readers to the basic techniques of modern financial mathematics in a way that is intuitive and easy to follow, and to provide financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world.
Les mer
This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering.
Basic products and interest calculations.- Derivatives and trading in derivatives, basic concepts and strategies.- Basics of derivative valuation.- The Wiener Stock Price Model and the basic principles of Black-Scholes theory
Les mer
This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering. The author presents and discusses the basic concepts of financial engineering and illustrates how to trade and to analyze financial products with numerous examples. Special attention is given to the valuation of basic financial derivatives. In the final section of the book, the author introduces the Wiener Stock Price Model and the basic principles of Black-Scholes theory. The book’s aim is to introduce readers to the basic techniques of modern financial mathematics in a way that is intuitive and easy to follow, and to provide financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world.
Les mer
“The book is very complete, didactic, with many examples, with very illustrative graphs, and nicely edited. I have no doubt that reading it can be very profitable for students and teachers of both economics and business administration … . The book very elegantly maintains the difficult balance between theory and practice. I, as a mathematician and researcher on stochastic finance … consider that the book is very interesting, recommendable … .” (Josep Vives, zbMATH 1532.91001, 2024)
Les mer
Provides the theoretical foundations of financial mathematics Presents the basic concepts of derivatives and trading strategies Discusses the Wiener Stock Price Model and the Black-Scholes theory
Produktdetaljer
ISBN
9783031238727
Publisert
2023-03-31
Utgiver
Vendor
Springer International Publishing AG
Høyde
235 mm
Bredde
155 mm
Aldersnivå
Graduate, P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Forfatter