Quantitative Finance for Physicists: An Introduction
With more and more physicists and physics students exploring the possibility of utilizing their advanced math skills for a career in the finance industry, this much-needed book quickly introduces them to fundamental and advanced finance principles and methods.
Quantitative Finance for Physicists provides a short, straightforward introduction for those who already have a background in physics. Find out how fractals, scaling, chaos, and other physics concepts are useful in analyzing financial time series. Learn about key topics in quantitative finance such as option pricing, portfolio management, and risk measurement. This book provides the basic knowledge in finance required to enable readers with physics backgrounds to move successfully into the financial industry.
* Short, self-contained book for physicists to master basic concepts and quantitative methods of finance
* Growing field-many physicists are moving into finance positions because of the high-level math required
*Draws on the author's own experience as a physicist who moved into a financial analyst position
What people are saying - Write a review
The table of contents read like the development of my intersts. Probability, Stochasitic Process, Time Series, Fractals, Scaling, ... This short book crams many key concepts in. It's a bit of a tiresome read with many equations and a fairly high level review that often leaves out a verbal description that leaves one with a lasting feeling for the usefulness of the concept in practice. (compared to Wilmot's work, anyway). The compactness is appreciated though as I travel around with too many books.
Chapter 1 Introduction
Chapter 2 Financial Markets
Chapter 3 Probability Distributions
Chapter 4 Stochastic Processes
Chapter 5 Time Series Analysis
Chapter 6 Fractals
Chapter 7 Nonlinear Dynamical Systems
Chapter 8 Scaling in Financial Time Series
Chapter 9 Option Pricing