Quantitative Methods in Derivatives Pricing: An Introduction to Computational Finance

List Price: $79.95 Amazon.com Price: $55.97

---

Product Details

• Media: Hardcover
• Publisher: John Wiley & Sons (19 April, 2002)
• ISBN: 0471394475
• Average Customer Review: Based on 7 reviews.
• Amazon.com Sales Rank: 156,544
  

---

Customer Reviews

Good but similar to other works and you'll need more.

This book covers the formulas describing the mathematics of derivatives, and is reminiscent of Paul Willmott's approach. It introduces the basic concepts in a fairly comprehens. While I like this book, I gave it only three stars, because Wilmott did it first, and it falls short on practical applications and descriptions of current products.

For example, I bought and recommend "Credit Derivatives" by Tavakoli, since I was looking for material on this subject, and this book didn't give any description of the types of products.


Recycled material light on application limitations

I gave this book only two stars because the sections on stochastic calculus and risk free rates are presented elsewhere, and those sections were the highlights.

The limitations of the models in practical applications aren't well discussed, so this reads like a regurgitation of calculations, and there are dozens of books and references of this ilk currently available. One more doesn't add much incremental value.


The proof is in the reading!

Over 100 students in Berkeley's Master's in Financial Engineering Program have so far successfully mastered state-of-the-art derivatives pricing using the material in this textbook. In "The proof of the pudding is in the eating" test, this book earns an A+.

John O'Brien, Executive Director MFE Program, U.C. Berkeley

---

RECOMMENDED Accounting books

The Accounting Game : Basic Accounting Fresh from the Lemonade Stand Finance and Accounting for Nonfinancial Managers Quantitative Methods in Derivatives Pricing: An Introduction to Computational Finance The Basics of Finance: Financial Tools for Non Financial Managers Wall Street Journal Guide to Understanding Money and Investing Accounting the Easy Way Accounting for Dummies Accounting and Financial Fundamentals for Nonfinancial Executives MP Managerial Accounting w/ Topic Tackler, Net Tutor, & PowerWeb Essentials of Accounting and Post Test Booklet 8, Eighth Edition Accounting Principles, with CD, 6th Edition Managerial Accounting: Tools for Business Decision Making, WebCT, 2nd Edition Final Accounting: Ambition, Greed and the Fall of Arthur Andersen

RECOMMENDED MICROSOFT EXCEL TIPS

Selecting a Column(s) or Row(s) Using Keyboard Shortcuts Quickly Removing Subtotals Selecting a Range of Non-Adjacent Cells Quickly Entering Text into Cells from a List of Previous Entries or a Validation List Reversing the Word Order within a String Deleting the Word "Total" from the subtotal List Vlookup Formula – Organizing the Data Table Summing Values from a List Containing Numerical and Textual Substrings Avoiding the #VALUE! Error When Adding Cells That May Contain Blanks Adding a Comment to a Formula