The Mathematics of Financial Derivatives by Paul Wilmott

The Mathematics of Financial Derivatives by Paul Wilmott

Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics. In this book the authors describe the modelling of financial derivative products from an applied mathematician's viewpoint, from modelling through analysis to elementary computation. A unified approach to modelling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Some mathematics is assumed, but clear explanations are provided for material beyond elementary calculus, probability, and algebra. Over 140 exercises are included. This volume will become the standard introduction to this exciting new field for advanced undergraduate students.

'The layout is good and clear, so is the style of notation … overall this is an excellent tool for both mathematicians interested in the world of finance as well as finance practitioners keen to rebuild the foundations of their knowledge' Rudi Bogni, The Times Higher Education Supplement
'The book is pleasantly readable and gives a good introduction.' C. Praagman, ITW Nieuws

Wilmott, Paul: - Paul Wilmott studied mathematics at St Catherine's College, Oxford, where he also received his D.Phil. He is the author of Paul Wilmott Introduces Quantitative Finance (Wiley 2007), Paul Wilmott On Quantitative Finance (Wiley 2006), Frequently Asked Questions in Quantitative Finance (Wiley 2009), The Money Formula (with David Orrell) (Wiley 2017) and other financial textbooks. He has written over 100 research articles on finance and mathematics. Paul Wilmott was a founding partner of the volatility arbitrage hedge fund Caissa Capital which managed $170 million. His responsibilities included forecasting, derivatives pricing, and risk management. Paul is the proprietor of www.wilmott.com, the popular quantitative finance community website, and the quant magazine Wilmott. He is the creator of the Certificate in Quantitative Finance, cqf.com, and the President of the CQF Institute, cqfinstitute.org. Paul Wilmott has been called cult derivatives lecturer by the Financial Times and financial mathematics guru by the BBC.

SKU	Unavailable
ISBN 13	9780521497893
ISBN 10	0521497892
Title	The Mathematics of Financial Derivatives
Author	Paul Wilmott
Condition	Unavailable
Binding Type	Paperback
Publisher	Cambridge University Press
Year published	1995-09-29
Number of pages	336
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.