Risk Management and Financial Derivatives: A Guide to the Mathematics

Das, Satyajit

Modern financial management entails an appreciation of a number of key mathematical concepts. This is particularly relevant to risk and risk management products, such as derivatives. The central role played by these products in capital markets is forcing an ever broader range of personnel to be aware of and utilise these concepts either from a supervisory perspective or in their day-to-day activities. This book explains the mathematical basis of risk and derivatives in a non-technical manner to allow non (maths) specialists to gain an appreciation of the concepts that are utilised. Each chapter is written by a leading market practitioner. The book looks at the basic mathematics underlying risk and risk management products and the applications of these techniques to a number of common settings. This should allow understanding to be gained about concepts actually used.

Details

Published by: Palgrave Macmillan

Publication Date: 1998-11-10

Format: Hardcover

ISBN-10: 9780333713976

ISBN-13: 9780333713976

DOI: 10.1007/978-1-349-14605-5

Dimensions: 235cm x155cm

Pages: 799