5 of 6 people found the following review helpful
an excellent reference book,
This review is from: Modeling Derivatives in C++ (Wiley Finance) (Paperback)
For someone who wants to learn finance maths, then i would not recommend this book. Also, for someone who wants to learn how to write advanced c++ methods, then again i would not recommend this book. This book becomes very useful when you know these 2 things prior to reading it. Why ?, because it can remind you of a particular financal math method very quickly by showing you the mathematics (without going too deep), AND presents an implementation of it C++. The C++ method is easy to grasp quickly because it does not use any complex c++ styles. If the system you are working on uses advanced c++, then you can easily adapt the code to suit your system. Hence this book is a perfect reference for getting some finance math algorithm running and working. Time permitting you can then optimise / adapt the code if necessary.
Not sure why some people have given negative reviews, maybe they are too pedantic about using fancy C++, or are missing lots of theorem / proof style mathematics - yawn yawn. Hull's book is a great book to learn the finance basics, then you can move on to joshi's / or wilmotts et al if you like more heavier mathematics. As for c++ books; there are many out there to choose from.