Practical Methods of Financial Engineering and Risk Management
Tahun : 2014Pengarang : Rupak Chatterjee
Penerbit : SPRINGER & APRESS
Ket : This book is intended for readers with basic knowledge of finance and first-year college math. The mathematical prerequisites are kept to a minimum: two-variable calculus and some exposure to probability and statistics. A familiarity with basic financial instruments such as stocks and bonds is assumed in Chapter 1, which reviews this material from a trader’s perspective. Financial engineering is the purview of quantitative analysts (“quants”) on Wall Street (taken in the generic nongeographic sense of bulge-bracket banks, brokerage firms, and hedge funds). The mathematical models described in this book are usually implemented in C++, Python, or Java at Wall Street firms, as I know firsthand from having spent more than fifteen years creating them for Citigroup, HSBC, Credit Suisse, and Barclays. Nonetheless, to make this book more accessible to practitioners and students in all areas of finance and at all levels of programming proficiency, I have designed the end-of-chapter problems to be solvable using Microsoft Excel. One should understand the concepts first and test their application in a simple format such as Excel before moving on to more advanced applications requiring a coding language
Ketegori : RISK MANAGEMENT
