Introduction to Financial Mathematics
eBook - ePub

Introduction to Financial Mathematics

With Computer Applications

  1. 558 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Introduction to Financial Mathematics

With Computer Applications

About this book

This book's primary objective is to educate aspiring finance professionals about mathematics and computation in the context of financial derivatives. The authors offer a balance of traditional coverage and technology to fill the void between highly mathematical books and broad finance books.

The focus of this book is twofold:



  • To partner mathematics with corresponding intuition rather than diving so deeply into the mathematics that the material is inaccessible to many readers.


  • To build reader intuition, understanding and confidence through three types of computer applications that help the reader understand the mathematics of the models.

Unlike many books on financial derivatives requiring stochastic calculus, this book presents the fundamental theories based on only undergraduate probability knowledge.

A key feature of this book is its focus on applying models in three programming languages –R, Mathematica and EXCEL. Each of the three approaches offers unique advantages. The computer applications are carefully introduced and require little prior programming background.

The financial derivative models that are included in this book are virtually identical to those covered in the top financial professional certificate programs in finance. The overlap of financial models between these programs and this book is broad and deep.

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Yes, you can access Introduction to Financial Mathematics by Donald R. Chambers,Qin Lu in PDF and/or ePUB format, as well as other popular books in Computer Science & Education Administration. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Half Title
  3. Series Page
  4. Title Page
  5. Copyright Page
  6. Dedication
  7. Contents
  8. Preface to the Instructor
  9. Preface to the Student
  10. Acknowledgments
  11. About the Authors
  12. 1. Introduction to Financial Derivatives and Valuation
  13. 2. Introduction to Interest Rates, Bonds, and Equities
  14. 3. Fundamentals of Financial Derivative Pricing
  15. 4. More about Derivative Valuation
  16. 5. Risk Management and Hedging Strategies
  17. 6. Portfolio Management
  18. Index