Money and Mathematics: A Conversational Approach to Modern Financial Mathematics and Insurance

This book provides a conversational approach to financial mathematics and markets, covering topics such as returns, real interest rates, present values, arbitrage, replication, options, swaps, and the Black-Scholes formula. It is designed for readers new to the subject and covers a wide field in terms of scope and thematic diversity.

\n Format: Hardback
\n Length: 240 pages
\n Publication date: 21 October 2021
\n Publisher: Springer
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This captivating book takes readers on an engaging journey through the vibrant world of financial mathematics and financial markets, presented in a relaxed, accessible, and entertaining format. The authors offer a diverse range of topics, including returns, real interest rates, present values, arbitrage, replication, options, swaps, the Black-Scholes formula, and many more. Through a series of engaging stories, readers will gain valuable insights into how to discover, analyze, and navigate the myriad financial mathematical decisions that are part of our daily lives.

The book's scope is truly expansive, covering a wide range of topics and themes within the field of financial mathematics. Numerous stories are inspired by deterministic financial mathematics, option valuation, portfolio optimization, and actuarial mathematics. Additionally, the book includes a comprehensive collection of basic concepts and formulas from financial mathematics and probability theory, ensuring that readers, regardless of their level of expertise, can verify the calculations presented.

The conversational approach adopted by the authors makes the content highly accessible and relatable. Each story is crafted to engage the reader's interest, while simultaneously imparting valuable knowledge and skills. The use of real-world examples and practical scenarios helps to reinforce the concepts and make them more applicable to everyday situations. Whether you are a financial professional seeking to enhance your understanding of financial mathematics or a student looking to explore the exciting world of finance, this book is an invaluable resource.

In conclusion, "Financial Mathematics and Financial Markets: A Conversational Approach" is a must-read for anyone interested in gaining a deeper understanding of financial mathematics and financial markets. With its engaging storytelling, comprehensive coverage, and practical insights, this book offers a valuable resource for professionals, students, and enthusiasts alike. By exploring the world of financial mathematics through the lens of compelling stories, readers will be equipped with the knowledge and tools necessary to make informed financial decisions and navigate the complex world of finance with confidence.

\n Weight: 644g\n
Dimension: 162 x 241 x 27 (mm)\n
ISBN-13: 9783658346768\n
Edition number: 2021 ed.\n