Principles of Financial Engineering

Neftci Salih N.

ISBN 10: 0125153945 / ISBN 13: 9780125153942

Published by Elsevier, 2004

About this Item

pp. 556.

Seller Inventory # 7415520

Bibliographic Details

• Title: Principles of Financial Engineering
• Publisher: Elsevier
• Publication Date: 2004
• Language: English
• ISBN 10: 0125153945
• ISBN 13: 9780125153942
• Binding: Hardcover
• Condition: New

About this title

Synopsis

Principles of Financial Engineering presents a fresh, original, informative, and up-to-date introduction to financial engineering.

Rather than introducing financial instruments, this book describes the methods of synthetically creating assets in static and in dynamic environments, and shows how to use them. It offers clear links between intuition and underlying mathematics and an outstanding mixture of market insights and mathematical materials. It emphasizes developing methods that can be used to solve risk management, taxation, regulation, and above all, pricing problems. It explains issues involved in the day-to-day life of traders, using non-mathematical language. It provides a careful and concise analysis of the LIBOR market model and of volatility engineering problems. Exercises and case studies at end of each chapter as well as on-line Solutions Manual are available.

This book will be a useful resource for anyone learning about practical elements of financial engineering. It can also serve as a resource for professionals and academics in all areas of quantitative finance.

* Exercises and case studies at end of each chapter and on-line Solutions Manual provided* Explains issues involved in day-to-day life of traders, using language other than mathematics* Careful and concise analysis of the LIBOR market model and of volatility engineering problems

About the Author

Professor Neftci completed his Ph.D. at the University of Minnesota and was head of the FAME Certificate program in Switzerland. He taught at the Graduate School, City University of New York; ICMA Centre, University of Reading; and at the University of Lausanne. He was also a Visiting Professor in the Finance Department at Hong Kong University of Science and Technology. Known his books and articles, he was a regular columnist for CBN daily, the most influential financial newspaper in China.

Salih Neftci was already suffering from gliosarcoma, a malignant brain cancer, while writing the second edition. It published just 5 months before his death on April 15, 2009.