Introduction to Financial Mathematics: With Computer Applications

This book is intended for aspiring finance professionals who want to learn about mathematics and computation in the context of financial derivatives. It combines traditional coverage and technology to bridge the gap between mathematical and finance books. It focuses on building intuition, understanding, and confidence through computer applications in three programming languages. The models are similar to those covered in top financial professional certificate programs.

\n Format: Hardback
\n Length: 556 pages
\n Publication date: 17 June 2021
\n Publisher: Taylor & Francis Ltd
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This comprehensive book is designed to provide aspiring finance professionals with a solid foundation in mathematics and computation, specifically in the context of financial derivatives. The authors aim to strike a balance between traditional coverage and technology, bridging the gap between highly mathematical books and broad finance books. The primary focus of this book is twofold:
1. To establish a strong partnership between mathematics and intuition, rather than delving into complex mathematical concepts that may be inaccessible to many readers.
2. To enhance the reader's intuition, understanding, and confidence by employing three types of computer applications that facilitate the understanding of the mathematical models.

Unlike many books on financial derivatives that rely on stochastic calculus, this book presents the fundamental theories based solely on undergraduate probability knowledge. A notable aspect of this book is its emphasis on applying models in three programming languages: R, Mathematica, and EXCEL. Each of these approaches offers distinct advantages, and the computer applications are carefully introduced, requiring minimal prior programming background.

The financial derivative models included in this book are highly relevant and closely aligned with the content covered in top financial professional certificate programs in finance. The overlap between these programs and this book is extensive and profound.

By comprehensively covering mathematics, computation, and financial derivatives, this book equips aspiring finance professionals with the necessary skills and knowledge to excel in their field. Whether you are a student, professional, or simply interested in expanding your financial knowledge, this book is an invaluable resource.

\n Weight: 1006g\n
Dimension: 160 x 240 x 40 (mm)\n
ISBN-13: 9780367410391\n \n