Introduction to Financial Mathematics

Introduction to Financial Mathematics
Author :
Publisher : CRC Press
Total Pages : 0
Release :
ISBN-10 : 1032262370
ISBN-13 : 9781032262376
Rating : 4/5 (70 Downloads)

Book Synopsis Introduction to Financial Mathematics by : Kevin J. Hastings

Download or read book Introduction to Financial Mathematics written by Kevin J. Hastings and published by CRC Press. This book was released on 2025 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The second edition of this successful and widely recognized textbook again focuses on discrete topics. The author recognizes two distinct paths of study and careers of actuarial science and financial engineering. This text can be very useful as a common core for both. Therefore, there is substantial material on the theory of interest (the first half of the book), as well as the probabilistic background necessary for the study of portfolio optimization and derivative valuation (the second half). The material in the first two chapters should go a long way toward helping students prepare for the Financial Mathematics (FM) actuarial exam. Also, the discrete material will reveal how beneficial it is to know more about loans in student's personal financial lives. The notable changes and updates to this edition are itemized in the Preface, however, overall, the presentation has been made more efficient. One example is the chapter on discrete probability, rather unique in its emphasis on giving the deterministic problems studied earlier a probabilistic context. Probably is now a subsection on Markov chains. Sample spaces and probability measures, random variables and distributions, expectation, conditional probability, independence, and estimation all follow. Optimal portfolio selection coverage is reorganized and the section on the practicalities of stock transactions has been revised. Market portfolio, and Capital Market Theory coverage is expanded. This book, like the first edition, was written so that the print edition could stand alone. At times we simplify complicated algebraic expressions, or solve systems of linear equations, or numerically solve non-linear equations. Also, some attention is given to the use of computer simulation to approximate solutions to problems. A course in multivariable calculus is not required. The entire text is available digitally from the publisher in the form of a series of Mathematica notebooks, which can be loaded into Mathematica, and which include complete executable commands and programs, and some additional material"--


Introduction to Financial Mathematics Related Books

Introduction to Financial Mathematics
Language: en
Pages: 0
Authors: Kevin J. Hastings
Categories: Business mathematics
Type: BOOK - Published: 2025 - Publisher: CRC Press

DOWNLOAD EBOOK

"The second edition of this successful and widely recognized textbook again focuses on discrete topics. The author recognizes two distinct paths of study and ca
Mathematics for Finance
Language: en
Pages: 317
Authors: Marek Capinski
Categories: Business & Economics
Type: BOOK - Published: 2006-04-18 - Publisher: Springer

DOWNLOAD EBOOK

This textbook contains the fundamentals for an undergraduate course in mathematical finance aimed primarily at students of mathematics. Assuming only a basic kn
Introduction to Financial Mathematics
Language: en
Pages: 581
Authors: Donald R. Chambers
Categories: Computers
Type: BOOK - Published: 2021-06-16 - Publisher: CRC Press

DOWNLOAD EBOOK

This book’s primary objective is to educate aspiring finance professionals about mathematics and computation in the context of financial derivatives. The auth
Undergraduate Introduction To Financial Mathematics, An (Third Edition)
Language: en
Pages: 484
Authors: J Robert Buchanan
Categories: Business & Economics
Type: BOOK - Published: 2012-07-13 - Publisher: World Scientific Publishing Company

DOWNLOAD EBOOK

This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semeste
An Introduction to Financial Mathematics
Language: en
Pages: 318
Authors: Hugo D. Junghenn
Categories: Business & Economics
Type: BOOK - Published: 2019-03-14 - Publisher: CRC Press

DOWNLOAD EBOOK

Introduction to Financial Mathematics: Option Valuation, Second Edition is a well-rounded primer to the mathematics and models used in the valuation of financia