Applied Financial Econometrics: Theory, Method and Applications

This textbook provides an approachable and comprehensive resource for students studying financial econometrics, covering basic to advanced concepts and intended for use in real-world applications. It is beneficial for students and tutors alike.

Format: Hardback
Length: 287 pages
Publication date: 01 September 2021
Publisher: Springer Verlag, Singapore

This textbook serves as an accessible and relatable resource for students embarking on the study of financial econometrics. While the subject may initially appear daunting, primarily due to the mathematical and modeling aspects involved, it holds immense rewards for finance enthusiasts and can be effectively taught and grasped in a straightforward manner. Spanning from foundational concepts to advanced topics, this book provides a comprehensive understanding of econometrics that can be confidently applied in real-world scenarios. Whether you are a student or a tutor engaged in econometrics subjects at any level, this book will undoubtedly prove to be a valuable asset.

The text begins by acknowledging that financial econometrics can be intimidating, particularly due to the mathematical and modeling components involved. However, it emphasizes that the subject is rewarding for finance students and can be taught and learned in a straightforward manner. The book progresses from basic to advanced concepts, offering a comprehensive knowledge of econometrics that is designed to be applied with confidence in various real-world situations.

One of the key strengths of the textbook is its ability to cater to students of different backgrounds. It assumes a basic understanding of mathematics and statistics, providing ample explanations and examples to facilitate a smooth learning experience. The authors have done an excellent job of breaking down complex concepts into manageable chunks, making it easier for students to grasp and retain the information.

Furthermore, the book emphasizes the practical applications of econometrics in the financial industry. It discusses various models and techniques used in risk management, investment analysis, and financial forecasting. By providing real-world examples and case studies, the authors help students connect the theoretical concepts with practical applications, enhancing their understanding and retention of the material.

The textbook is well-organized, with each chapter neatly divided into sections and subsections. The use of clear headings, bullet points, and illustrations makes it easy to navigate and grasp the content. Additionally, the book includes a comprehensive glossary and an extensive list of references, providing students with further resources for further exploration and study.

In conclusion, this textbook is an excellent resource for students interested in learning financial econometrics. Its accessible and relatable approach, combined with comprehensive coverage of foundational and advanced concepts, makes it suitable for students at various levels. Whether you are a finance professional seeking to enhance your knowledge or a student embarking on a new academic journey, this book will undoubtedly provide you with the necessary tools and knowledge to succeed in the field.

Weight: 548g
Dimension: 156 x 219 x 26 (mm)
ISBN-13: 9789811640629
Edition number: 1st ed. 2021