ISBN: 0471498629,
ISBN13: 9780471498629,
519 pages, CD-Rom + pb, published by John Wiley & Sons, 1st edition, 2001
Description of Paul Wilmott Introduces Quantitative Finance
Paul Wilmott, described by the Financial Times as 'cult derivatives lecturer', is one of the world's leading experts on quantitative finance and derivatives.
He is proprietor of an innovative magazine on quantitative finance (www.wilmott.com) and principal of the financial consultancy and training firm, Wilmott Associates. He has written and published widely on quantitative finance. See also his personal website www.paulwilmott.com.
Contents of Paul Wilmott Introduces Quantitative Finance
Products and Markets
Derivatives
Predicting the Markets? A Small Digression;
All the Math You Need and No More (An Executive Summary)
The Binomial Model
The Random Behaviour of Assets
Elementary Stochastic Calculus
The Black-Scholes Model; Partial Differential Equations
The Black-Scholes Formulae and the 'Greeks'
Multi-asset Options
An Introduction to Exotic and Path-dependent Options
Barrier Options
Fixed-income Products and Analysis: Yield, Duration and Convexity
Swaps
One-factor Interest Rate Modeling
Interest Rate Derivatives
Heath, Jarrow and Morton
Portfolio Management
Value at Risk
Credit Risk
RiskMetrics and CreditMetrics
CrashMetrics
Derivatives F**k Ups
Finite-difference Methods for One-factor Models
Monte Carlo Simulation and Related Methods
A Trading Game
What you get if (when) you upgrade
Reviews of Paul Wilmott Introduces Quantitative Finance
"It is a serious work that takes the reader all the way from the simplest of notions to the most complicated of recent models. In short it is the most comprehensive and up to date textbook on options that I have seen . . . The style is jocular, but the content heavyweight. ... Who ever heard of a mathematician who could convey the intuition of a result to those with a less complete training in the subject? Wilmott is an exception: he knows when a result is hard to understand and treats the reader in a sympathetic manner. This book is a splendid achievement."
- The Times Higher Educational Supplement
"..a text which will probably come to rank alongside Fabozzi's collected works of Leibowitz as a comprehensive practical reference source for financial theory. Dr Wilmott is an academic who clearly prides himself on his knowledge of the practical side of finance."
- Futures and OTC World
"Paul Wilmott has produced one of the most exciting and classic reference volumes on derivatives which is a must for . . . students, practitioners, risk managers."
- Global Trading
"The style is pedagogical and yet very lively and easygoing. As only great teachers can, Wilmott makes even the most obtuse mathematics seem easy and intuitive."
- Marco Avellaneda, Professor of Mathematics and Director. Division of Quantitative Finance, Courant Institute of Mathematical Science, New York University
"Paul Wilmott changed my life."
- David Newton, Manchester Business School
