 Trade In this Item for up to £17.80
Trade in Financial Engineering: Derivatives and Risk Management for an Amazon.co.uk gift card of up to £17.80, which you can then spend on millions of items across the site. Plus, get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
|
Frequently Bought Together
Product details
|
Product Description
Product Description
Practical risk management issues are examined in depth. Alternative models for calculating Value at Risk (market risk) and credit risk provide the throretical basis for a practical and timely overview of these areas of regulatory policy.
This book is designed for courses in derivatives and risk management taken by specialist MBA, MSc Finance students or final year undergraduates, either as a stand–alone text or as a follow–on to Investments: Spot and Derivatives Markets by the same authors.
The authors adopt a real–world emphasis throughout, and include features such as:
∗ topic boxes, worked examples and learning objectives
∗ Financial Times and Wall Street Journal newspaper extracts and analysis of real world cases
∗ supporting web site including Lecturer′s Resource Pack and Student Centre with interactive Excel and GAUSS software
From the Back Cover
Practical risk management issues are examined in depth. Alternative models for calculating Value at Risk (market risk) and credit risk provide the throretical basis for a practical and timely overview of these areas of regulatory policy.
This book is designed for courses in derivatives and risk management taken by specialist MBA, MSc Finance students or final year undergraduates, either as a stand–alone text or as a follow–on to Investments: Spot and Derivatives Markets by the same authors.
The authors adopt a real–world emphasis throughout, and include features such as:
∗ topic boxes, worked examples and learning objectives
∗ Financial Times and Wall Street Journal newspaper extracts and analysis of real world cases
∗ supporting web site including Lecturer′s Resource Pack and Student Centre with interactive Excel and GAUSS software
There are three main types of derivative securities, namely futures, options and swaps. Read the first page
Concordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product)
|
Sell a Digital Version of This Book in the Kindle Store
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
This is aimed at a post graduate audience, with sound mathematical backgound: most of the material seems to follow the taste of university course suppliment text. It is not a negative sign however, as the text is well organised, and all definitions are nicely highlighted ant presented in easy-to-remember point form.
Each chapter follows an excercise section, but sadly no answers are provided, which is again characteristic of John Hull's book as well (though he has published answers in a separate book.) I think this lack of answers the single most important improvement the author could have provided, which largely forced me to hold back the fifth star in my rating.
Compared with John Hull's book, I find Kuthbertson's marginally less readable and slightly more pendantic, but it does not anyway undermine the quality of presentation, level of details and the precision. However, I think this book comes across slightly better than Hull's as a reference with is clearer presentation, and ample margin space for reader notes..!!
In terms of the coverage, the book spans five sections; the first, second and third introducing the fundamental markets and instruments, the fourth covering the more complex dferivatives and valuation processes (eg: Ito's processes, Black-Sholes valuation), and the fifth on regulation, Value at risk (VaR) and credit risk.
I find Hull's book a better preliminary read, and this book a good reference later on. My advice in both cases is, unless you're a day-to-day savvy mathematician, to have a good statistics and calculus book (sort of engineering mathematics) handy for tackling exercises, and not to be detered by the problems that looks too complex by the first glance.
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
