Mathematics of Banking and Finance
Throughout banking, mathematical techniques are used. Some of these are within software products or models; mathematicians use others to analyse data. The current literature on the subject is either very basic or very advanced. Les mer
The Mathematics of Banking offers an intermediate guide to the various techniques used in the industry, and a consideration of how each one should be approached. Written in a practical style, it will enable readers to quickly appreciate the purpose of the techniques and, through illustrations, see how they can be applied in practice. Coverage is extensive and includes techniques such as VaR analysis, Monte Carlo simulation, extreme value theory, variance and many others.
- A practical review of mathematical techniques needed in banking which does not expect a high level of mathematical competence from the reader
Detaljer
- Forlag
- John Wiley & Sons Inc
- Innbinding
- Innbundet
- Språk
- Engelsk
- Sider
- 312
- ISBN
- 9780470014899
- Utgivelsesår
- 2006
- Format
- 25 x 17 cm
Om forfatteren
MICHAEL COX has spent 25 years teaching quantitative methods to a wide variety of undergraduate students in departments ranging from agriculture, engineering, history, economics, business and medicine. For over 20 years he has taught both statistics and management science to MBA students.
During his career he has published some 50 referred papers in such diverse areas as statistical process control, total quality management, multidimensional scaling and the analytical hierarchy process. In addition Michael has co-authored two text books and developed a major piece of software.
Michael works in applicable mathematics, the solution of real world problems employing statistical and management science techniques. Most of this research has included computer applications.