The Art of Quantitative Finance Vol.1: Trading, Derivatives and Basic Concepts (Springer Texts in Business and Economics) - Hardcover

Larcher, Gerhard

Hardcover

ISBN 10: 3031238729 ISBN 13: 9783031238727

Publisher: Springer, 2023

Synopsis

This textbook offers an easily understandable introduction to the fundamental concepts of financial mathematics and financial engineering. The author presents and discusses the basic concepts of financial engineering and illustrates how to trade and to analyze financial products with numerous examples. Special attention is given to the valuation of basic financial derivatives. In the final section of the book, the author introduces the Wiener Stock Price Model and the basic principles of Black-Scholes theory. The book’s aim is to introduce readers to the basic techniques of modern financial mathematics in a way that is intuitive and easy to follow, and to provide financial mathematicians with insights into practical requirements when applying financial mathematical techniques in the real world. 

About this title

About the Author

Prof. Gerhard Larcher is full Professor for Financial Mathematics and Head of the Institute for Financial Mathematics and Applied Number Theory at the Johannes Kepler University Linz in Austria. He is the spokesperson of the project 'Quasi-Monte Carlo Methods: Theory and Applications', a special research program funded by the Austrian government.

Edition details

• Publisher: Springer
• Publication date: 2023
• ISBN 10: 3031238729
• ISBN 13: 9783031238727
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 535