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The Calculus of Finance

Amber Habib

ISBN 10: 8173717230 / ISBN 13: 9788173717239
Published by Universities Press
Condition: GOOD Soft cover
From OwlsBooks (Toledo, MD, U.S.A.)

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Good clean copy with no missing pages might be an ex library copy; Possibly may have minor marginal notes and or highlighting. Bookseller Inventory # 2608711464

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Bibliographic Details

Title: The Calculus of Finance

Publisher: Universities Press

Binding: Paperback

Book Condition:GOOD

About this title


This book is broadly about the mathematical aspects of finance. It introduces the reader to the basic concepts and products of modern finance and explores various mathematical models dealing with quantification of risk, which form the backbone of modern financial analysis. The emphasis is not so much on the details of the financial world as the basic principles by which one seeks an understanding of it. No prior knowledge of economics or finance is called for an exposure to basic calculus and probability is all that is required of the reader. The appendix covers this ground in fair detail and would itself serve as a comprehensive primer of mathematics for finance for a beginner.

The book is peppered with examples that use real-life data to ground the theory covered in the book. The exercises to be worked out are also interspersed in the text their purpose varies from simple practice in applying formulas to extending the ideas learnt to new situations. Solutions to all the exercise problems are included as Appendix C, a feature that will be welcomed by both students and faculty.

The book will serve well as an introductory book on applied mathematics in finance, of interest to students of mathematics, finance and financial management. For those starting out as practitioners of mathematical finance, this is an ideal introduction.

About the Author:

Amber Habib is a professor at the Mathematical Sciences Foundation, New Delhi. He obtained his Masters in mathematics from IIT Kanpur and his PhD from the University of California, Berkeley. His research interests are in representation theory and harmonic analysis. He is also deeply involved in making mathematics education more interesting and fulfilling through special topics, projects, and an appreciation of the myriad links of mathematics with other disciplines.

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