Principles of Financial Engineering

Nonfiction, Science & Nature, Mathematics, Applied, Business & Finance, Finance & Investing, Finance
Cover of the book Principles of Financial Engineering by Robert Kosowski, Salih N. Neftci, Elsevier Science
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Robert Kosowski, Salih N. Neftci ISBN: 9780123870070
Publisher: Elsevier Science Publication: November 26, 2014
Imprint: Academic Press Language: English
Author: Robert Kosowski, Salih N. Neftci
ISBN: 9780123870070
Publisher: Elsevier Science
Publication: November 26, 2014
Imprint: Academic Press
Language: English

Principles of Financial Engineering, Third Edition, is a highly acclaimed text on the fast-paced and complex subject of financial engineering. This updated edition describes the "engineering" elements of financial engineering instead of the mathematics underlying it. It shows how to use financial tools to accomplish a goal rather than describing the tools themselves. It lays emphasis on the engineering aspects of derivatives (how to create them) rather than their pricing (how they act) in relation to other instruments, the financial markets, and financial market practices.

This volume explains ways to create financial tools and how the tools work together to achieve specific goals. Applications are illustrated using real-world examples. It presents three new chapters on financial engineering in topics ranging from commodity markets to financial engineering applications in hedge fund strategies, correlation swaps, structural models of default, capital structure arbitrage, contingent convertibles, and how to incorporate counterparty risk into derivatives pricing. Poised midway between intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing. A solutions manual enhances the text by presenting additional cases and solutions to exercises.

This latest edition of Principles of Financial Engineering is ideal for financial engineers, quantitative analysts in banks and investment houses, and other financial industry professionals. It is also highly recommended to graduate students in financial engineering and financial mathematics programs.

  • The Third Edition presents three new chapters on financial engineering in commodity markets, financial engineering applications in hedge fund strategies, correlation swaps, structural models of default, capital structure arbitrage, contingent convertibles and how to incorporate counterparty risk into derivatives pricing, among other topics
  • Additions, clarifications, and illustrations throughout the volume show these instruments at work instead of explaining how they should act
  • The solutions manual enhances the text by presenting additional cases and solutions to exercises
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Principles of Financial Engineering, Third Edition, is a highly acclaimed text on the fast-paced and complex subject of financial engineering. This updated edition describes the "engineering" elements of financial engineering instead of the mathematics underlying it. It shows how to use financial tools to accomplish a goal rather than describing the tools themselves. It lays emphasis on the engineering aspects of derivatives (how to create them) rather than their pricing (how they act) in relation to other instruments, the financial markets, and financial market practices.

This volume explains ways to create financial tools and how the tools work together to achieve specific goals. Applications are illustrated using real-world examples. It presents three new chapters on financial engineering in topics ranging from commodity markets to financial engineering applications in hedge fund strategies, correlation swaps, structural models of default, capital structure arbitrage, contingent convertibles, and how to incorporate counterparty risk into derivatives pricing. Poised midway between intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing. A solutions manual enhances the text by presenting additional cases and solutions to exercises.

This latest edition of Principles of Financial Engineering is ideal for financial engineers, quantitative analysts in banks and investment houses, and other financial industry professionals. It is also highly recommended to graduate students in financial engineering and financial mathematics programs.

More books from Elsevier Science

Cover of the book Alkoxo and Aryloxo Derivatives of Metals by Robert Kosowski, Salih N. Neftci
Cover of the book Advanced Applications in Manufacturing Engineering by Robert Kosowski, Salih N. Neftci
Cover of the book Software and System Development using Virtual Platforms by Robert Kosowski, Salih N. Neftci
Cover of the book Rare Earths by Robert Kosowski, Salih N. Neftci
Cover of the book Digital Video and DSP: Instant Access by Robert Kosowski, Salih N. Neftci
Cover of the book Advances in Gold Ore Processing by Robert Kosowski, Salih N. Neftci
Cover of the book The Psychological Journey To and From Loneliness by Robert Kosowski, Salih N. Neftci
Cover of the book Gap Junctions in the Brain by Robert Kosowski, Salih N. Neftci
Cover of the book Towards a Thermodynamic Theory for Ecological Systems by Robert Kosowski, Salih N. Neftci
Cover of the book Veterinary Toxicology by Robert Kosowski, Salih N. Neftci
Cover of the book Handbook of Proof Theory by Robert Kosowski, Salih N. Neftci
Cover of the book Controller Design for Industrial Robots and Machine Tools by Robert Kosowski, Salih N. Neftci
Cover of the book Library Consortia by Robert Kosowski, Salih N. Neftci
Cover of the book Practical Business Statistics by Robert Kosowski, Salih N. Neftci
Cover of the book Self-Regulation and Ego Control by Robert Kosowski, Salih N. Neftci
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy