Mastering Financial Calculations: A step-by-step guide to the mathematics of financial market instruments (3rd Edition) (The Mastering Series) - Softcover

Steiner, Bob

Softcover

ISBN 10: 0273750585 ISBN 13: 9780273750581

Publisher: Financial Times/ Prentice Hall, 2012

Synopsis

Success in today's sophisticated financial markets depends on a firm understanding of key financial concepts and mathematical techniques. Mastering Financial Calculations explains them in a clear, comprehensive way — so even if your mathematical background is limited, you'll thoroughly grasp what you need to know.

Mastering Financial Calculations starts by introducing the fundamentals of financial market arithmetic, including the core concepts of discounting, net present value, effective yields, and cash flow analysis. Next, walk step-by-step through the essential calculations and financial techniques behind money markets and futures, zero-coupon analysis, interest rate and currency swaps, bonds, foreign exchange, options, and more. Making use of many worked examples and practical exercises, the book explains challenging concepts such as forward pricing, duration analysis, swap valuation, and option pricing - all with exceptional clarity.

Whether you are a trader, fund manager, corporate treasurer, programmer, accountant, risk manager, or market student, you'll gain the ability to manipulate and apply these techniques with speed and confidence. 

About this title

About the Author

Bob Steiner is the founder/managing director of Markets International, an independent training company. A former treasury officer and financial consultant he’s also the author of Key Financial Market Concepts, now in its second edition.

From the Back Cover

Mastering Financial Calculations shows you how to understand and apply the financial arithmetic necessary to work with the full range of products in the capital markets, foreign exchange, money markets and derivatives.

 

Written for anyone working in financial institutions, studying the financial markets or working towards the ACI Dealing Certificate and Diploma exams, the book provides a solid grounding in the calculations behind financial instruments.

 

Thoroughly updated throughout with extra calculations and formulas, the third edition of this bestseller now includes:

• A chapter on equities which complements existing chapters on short and long-term interest rate instruments, foreign exchange and commodities
• An overview of credit derivatives and their basic structures
• A significantly expanded and updated glossary
• A new chapter on statistics
• Access to Microsoft Excel spreadsheets containing formulas and calculation methods which can be downloaded at www.Markets-International.com 

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2012
• Language: English
• ISBN 10: 0273750585
• ISBN 13: 9780273750581
• Binding: Paperback
• Edition number: 3
• Number of pages: 616