Mathematical Methods for Finance: Tools for Asset and Risk Management: 207 (Frank J. Fabozzi Series) - Hardcover

Focardi, Sergio M.

Hardcover

ISBN 10: 1118312635 ISBN 13: 9781118312636

Verlag: Wiley, 2013

Inhaltsangabe

THE MATHEMATICAL AND STATISTICAL TOOLS NEEDED IN THE RAPIDLY GROWING QUANTITATIVE FINANCE FIELD WITH THE RAPID GROWTH IN QUANTITATIVE FINANCE, PRACTITIONERS MUST ACHIEVE A HIGH LEVEL OF PROFICIENCY IN MATH AND STATISTICS. MATHEMATICAL METHODS AND STATISTICAL TOOLS FOR FINANCE, PART OF THE FRANK J. FABOZZI SERIES, HAS BEEN CREATED WITH THIS IN MIND. DESIGNED TO PROVIDE THE TOOLS NEEDED TO APPLY FINANCE THEORY TO REAL WORLD FINANCIAL MARKETS, THIS BOOK OFFERS A WEALTH OF INSIGHTS AND GUIDANCE IN PRACTICAL APPLICATIONS. IT CONTAINS APPLICATIONS THAT ARE BROADER IN SCOPE FROM WHAT IS COVERED IN A TYPICAL BOOK ON MATHEMATICAL TECHNIQUES. MOST BOOKS FOCUS ALMOST EXCLUSIVELY ON DERIVATIVES PRICING, THE APPLICATIONS IN THIS BOOK COVER NOT ONLY DERIVATIVES AND ASSET PRICING BUT ALSO RISK MANAGEMENT INCLUDING CREDIT RISK MANAGEMENT AND PORTFOLIO MANAGEMENT. INCLUDES AN OVERVIEW OF THE ESSENTIAL MATH AND STATISTICAL SKILLS REQUIRED TO SUCCEED IN QUANTITATIVE FINANCE OFFERS THE BASIC MATHEMATICAL CONCEPTS THAT APPLY TO THE FIELD OF QUANTITATIVE FINANCE, FROM SETS AND DISTANCES TO FUNCTIONS AND VARIABLES THE BOOK ALSO INCLUDES INFORMATION ON CALCULUS, MATRIX ALGEBRA, DIFFERENTIAL EQUATIONS, STOCHASTIC INTEGRALS, AND MUCH MORE WRITTEN BY SERGIO FOCARDI, ONE OF THE WORLD'S LEADING AUTHORS IN HIGH–LEVEL FINANCE DRAWING ON THE AUTHOR'S PERSPECTIVES AS A PRACTITIONER AND ACADEMIC, EACH CHAPTER OF THIS BOOK OFFERS A SOLID FOUNDATION IN THE MATHEMATICAL TOOLS AND TECHNIQUES NEED TO SUCCEED IN TODAY'S DYNAMIC WORLD OF FINANCE.

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Contraportada:

With the rapid growth of quantitative finance, practitioners and students alike must become more proficient in various areas of mathematics in order to excel in the demanding world of finance. Mathematical Methods for Finance, part of the Frank J. Fabozzi Series, has been created with this in mind. Designed to provide the tools and techniques needed to apply proven mathematical techniques to real-world financial markets, this book offers a wealth of insights and guidance.

Drawing on the authors' perspectives as practitioners and academics, this practical guide covers a wide range of technical topics in mathematics and finance. It opens with an informative discussion of three basic concepts--which are used in financial theory, financial modeling, and financial econometrics--found throughout the book: sets, functions, and variables. From there, it introduces and explains key mathematical techniques, ranging from differential and integral calculus, matrix algebra, and probability theory to difference and differential equations, optimization, and stochastic integrals. Along the way, you'll discover exactly how these techniques are successfully implemented in asset management and risk management.

Written with both students and practitioners in mind, Mathematical Methods for Finance is an essential resource that will show you how a better understanding of specific mathematical techniques can enhance your financial decision-making.

Über diese Auflage

• Verlag: Wiley
• Erscheinungsdatum: 2013
• ISBN 10: 1118312635
• ISBN 13: 9781118312636
• Einband: Tapa dura
• Anzahl der Seiten: 322