Most recent volume

Volume . Principles of Financial Engineering

Published: 27th November 2014 Authors: Robert Kosowski Salih Neftci

Principles of Financial Engineering, Third Edition, is a highly acclaimed text on the fast-paced and complex subject of financial engineering. This updated edition describes the "engineering" elements of financial engineering instead of the mathematics underlying it. It shows how to use financial tools to accomplish a goal rather than describing the tools themselves. It lays emphasis on the engineering aspects of derivatives (how to create them) rather than their pricing (how they act) in relation to other instruments, the financial markets, and financial market practices.

This volume explains ways to create financial tools and how the tools work together to achieve specific goals. Applications are illustrated using real-world examples. It presents three new chapters on financial engineering in topics ranging from commodity markets to financial engineering applications in hedge fund strategies, correlation swaps, structural models of default, capital structure arbitrage, contingent convertibles, and how to incorporate counterparty risk into derivatives pricing. Poised midway between intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing. A solutions manual enhances the text by presenting additional cases and solutions to exercises.

This latest edition of Principles of Financial Engineering is ideal for financial engineers, quantitative analysts in banks and investment houses, and other financial industry professionals. It is also highly recommended to graduate students in financial engineering and financial mathematics programs.

Additional volumes

Rating Based Modeling of Credit Risk

Published: 8th December 2008 Authors: Stefan Trueck Svetlozar Rachev

Multifractal Volatility

Published: 2nd September 2008 Authors: Laurent Calvet Adlai Fisher

A Behavioral Approach to Asset Pricing

Published: 19th May 2008 Author: Hersh Shefrin

Mergers, Acquisitions, and Other Restructuring Activities

Published: 18th October 2007 Author: Donald DePamphilis

Value at Risk and Bank Capital Management

Published: 9th February 2007 Author: Francesco Saita

Advanced Derivatives Pricing and Risk Management

Published: 8th September 2005 Authors: Claudio Albanese Giuseppe Campolieti

Mergers, Acquisitions, and Other Restructuring Activities

Published: 28th July 2005 Author: Donald DePamphilis

Private Real Estate Investment

Published: 3rd February 2005 Author: Roger J. Brown

A Behavioral Approach to Asset Pricing

Published: 3rd February 2005 Author: Hersh Shefrin

Neural Networks in Finance

Published: 22nd December 2004 Author: Paul McNelis

Quantitative Finance for Physicists

Published: 14th December 2004 Author: Anatoly B. Schmidt

An Introduction to the Mathematics of Financial Derivatives

Published: 22nd June 2000 Author: Salih Neftci