An Introduction to Mathematical Finance with Applications Understanding and Building Financial Intuition

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  • Engels
  • Hardcover
  • 9781493937813
  • 18 juni 2016
  • 483 pagina's
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Samenvatting

Moreover, the text is useful for mathematicians, physicists, and engineers who want to learn finance via an approach that builds their financial intuition and is explicit about model building, as well as business school students who want a treatment of finance that is deeper but not overly theoretical.


This textbook aims to fill the gap between those that offer a theoretical treatment without many applications and those that present and apply formulas without appropriately deriving them. The balance achieved will give readers a fundamental understanding of key financial ideas and tools that form the basis for building realistic models, including those that may become proprietary. Numerous carefully chosen examples and exercises reinforce the student’s conceptual understanding and facility with applications. The exercises are divided into conceptual, application-based, and theoretical problems, which probe the material deeper.

The book is aimed toward advanced undergraduates and first-year graduate students who are new to finance or want a more rigorous treatment of the mathematical models used within. While no background in finance is assumed, prerequisite math courses include multivariable calculus, probability, and linear algebra. The authors introduce additional mathematical tools as needed. The entire textbook is appropriate for a single year-long course on introductory mathematical finance. The self-contained design of the text allows for instructor flexibility in topics courses and those focusing on financial derivatives. Moreover, the text is useful for mathematicians, physicists, and engineers who want to learn finance via an approach that builds their financial intuition and is explicit about model building, as well as business school students who want a treatment of finance that is deeper but not overly theoretical.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
18 juni 2016
Aantal pagina's
483
Illustraties
Nee

Betrokkenen

Hoofdauteur
Arlie O. Petters
Tweede Auteur
Xiaoying Dong
Hoofduitgeverij
Springer

Overige kenmerken

Editie
1st ed. 2016
Extra groot lettertype
Nee
Product breedte
184 mm
Product hoogte
35 mm
Product lengte
261 mm
Studieboek
Ja
Verpakking breedte
180 mm
Verpakking hoogte
254 mm
Verpakking lengte
260 mm
Verpakkingsgewicht
660 g

EAN

EAN
9781493937813
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