The disciplines of financial engineering and numerical computation differ greatly, however computational methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering; specifically the use of numerical methods as tools for computational finance. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this book explores a wide range of computational tools in a coherent and focused manner and will be of use to the entire field of computational finance. Starting with an introductory chapter that presents the financial and stochastic background, the remainder of the book goes on to detail computational methods using both stochastic and deterministic approaches.
Now in its fifth edition, Tools for Computational Finance has been significantly revised and contains:
Written from the perspective of an applied mathematician, methods are introduced as tools within the book for immediate and straightforward application. A 'learning by calculating' approach is adopted throughout this book enabling readers to explore several areas of the financial world.
Interdisciplinary in nature, this book will appeal to advanced undergraduate students in mathematics, engineering and other scientific disciplines as well as professionals in financial engineering.
| ISBN: | 9781447129929 |
| Publication date: | 14th March 2012 |
| Author: | R Seydel |
| Publisher: | Springer an imprint of Springer London |
| Format: | Paperback |
| Pagination: | 429 pages |
| Series: | Universitext |
| Genres: |
Finance and accounting Numerical analysis |
The disciplines of financial engineering and numerical computation differ greatly, however computational methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering; specifically the use of numerical methods as tools for computational finance. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this book explores a wide range of computational tools in a coherent and focused manner and will be of use to the entire field of computational finance. Starting with an introductory chapter that presents the financial and stochastic background, the remainder of the book goes on to detail computational methods using both stochastic and deterministic approaches.
Now in its fifth edition, Tools for Computational Finance has been significantly revised and contains:
Written from the perspective of an applied mathematician, methods are introduced as tools within the book for immediate and straightforward application. A 'learning by calculating' approach is adopted throughout this book enabling readers to explore several areas of the financial world.
Interdisciplinary in nature, this book will appeal to advanced undergraduate students in mathematics, engineering and other scientific disciplines as well as professionals in financial engineering.
Tools for Computational Finance features in the following genres: Finance and accounting, Numerical analysis
Tools for Computational Finance is available in Paperback
Tools for Computational Finance was written by R Seydel and published by Springer an imprint of Springer London
Tools for Computational Finance has 429 pages
Yes it is part of Universitext series