Mathematics for Finance: An Introduction to Financial Engineering

Front Cover
Springer, Jul 30, 2003 - Mathematics - 320 pages
3 Reviews
Designed to form the basis of an undergraduate course in mathematical finance, this book builds on mathematical models of bond and stock prices and covers three major areas of mathematical finance that all have an enormous impact on the way modern financial markets operate, namely: Black-Scholes’ arbitrage pricing of options and other derivative securities; Markowitz portfolio optimization theory and the Capital Asset Pricing Model; and interest rates and their term structure. Assuming only a basic knowledge of probability and calculus, it covers the material in a mathematically rigorous and complete way at a level accessible to second or third year undergraduate students. The text is interspersed with a multitude of worked examples and exercises, so it is ideal for self-study and suitable not only for students of mathematics, but also students of business management, finance and economics, and anyone with an interest in finance who needs to understand the underlying theory.

What people are saying - Write a review

User Review - Flag as inappropriate

bagus bagi yang lagi ngingat statistik empo dulu

Other editions - View all

References to this book

All Book Search results »

About the author (2003)

Capinski, Nowy Sacz Graduate School of Business.

Tomasz Zastawniak holds the Chair of Mathematical Finance at the University of York. He has authored about 50 research publications and four books. He has supervised four PhD dissertations and around 80 MSc dissertations in mathematical finance.

Bibliographic information