The Concepts and Practice of Mathematical Finance

by Mark S. Joshi

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.

Genres: Finance, Mathematics, Economics, Nonfiction

492 pages, Hardcover

First published January 26, 2003

Reviews

[Peter · Rating 3 out of 5]

The included computation projects make the text.

[Tadas Talaikis · Rating 4 out of 5]

Thank you adepts of EMH, not clearly understanding it for writing puts at the tops.

[Draganka · Rating 5 out of 5]

Joshi is the best so far, when it comes to combining practice and theory!