Limited Offer
Save 50% on book bundles
Immediately download your ebook while waiting for your print delivery. No promo code needed.
An Introduction to the Mathematics of Financial Derivatives
- 4th Edition - December 1, 2029
- Authors: Salih N. Neftci, Ali Hirsa
- Language: English
- Paperback ISBN:9 7 8 - 0 - 1 2 - 8 1 5 9 1 9 - 4
- eBook ISBN:9 7 8 - 0 - 1 2 - 8 1 6 2 7 8 - 1
An Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition from basic summaries of financial engineering to more advanced… Read more
Purchase options
Institutional subscription on ScienceDirect
Request a sales quoteAn Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition from basic summaries of financial engineering to more advanced treatments using stochastic calculus. Emphasizing common sense, it offers a simple and heuristic introduction to mathematical concepts that have practical uses in financial markets. It requires only a basic knowledge of calculus and probability and delivers a comprehensive and in‐depth treatment of financial derivatives with clear but not so complicated math. This book is an invaluable reference for upper-division undergraduates, graduate students, and professionals from a variety of quantitative backgrounds.
- Incorporates new sections on Brownian Bridge and Levy Processes
- Facilitates readers' understanding of underlying mathematical and theoretical models by presenting a mixture of theory and applications with hands-on learning
- Emphasizes intuition, breaking up complex mathematics concepts into easily understood notions
- Remains the only introductory text that can appeal to people outside the mathematics and physics communities
Upper-division undergraduates, graduate students, and professionals from a variety of quantitative backgrounds, such as physics
- No. of pages: 500
- Language: English
- Edition: 4
- Published: December 1, 2029
- Imprint: Academic Press
- Paperback ISBN: 9780128159194
- eBook ISBN: 9780128162781
AH
Ali Hirsa
Ali Hirsa is a professor and co-director of financial engineering at the Industrial Engineering & Operations Research at Columbia University. He is also Managing Partner at Sauma Capital, LLC and Senior Advisor at DV Trading, LLC where he was Managing Director and Global Head of Quantitative Strategy from June 2016 to August 2017. Ali was a Fellow at Courant Institute of New York University in the Mathematics of Finance Program from 2004 to 2014. He is co-inventor of “Methods for Post Trade Allocation” (US Patent 8,799,146). The method focuses on allocation of filled orders (post-trade) on any security to multiple managed accounts which has to be fair and unbiased. Current existing methods lead to biases and the invention provides a solution to this problem.
Affiliations and expertise
Columbia University, New York; and New York University, New York, USA