The Concepts and Practice of Mathematical Finance (Mathematics Finance and Risk Series Number 1)

About this book

This introductory text provides a clear understanding of the intuition behind derivatives pricing how models are implemented and how they are used and adapted in practice. M. Joshi covers the strengths and weaknesses of such models as stochastic volatility jump diffusion and variance gamma as well as the Black-Scholes. Examples and exercises with answers as well as computer projects challenge the mind and encourage learning how to become a good quantitative analyst.