Mastering Financial Calculations: A Step-by-Step Guide to the Mathematics of Financial Market Instruments by Bob Steiner

Synopsis

If you work in today’s financial markets, you need to master the maths

Mastering Financial Calculations is now an established classic, essential for anyone who works in finance. This second edition is a timely revision of the widely-used, hands-on guide to the maths behind every key financial instrument and technique.

• Financial market arithmetic – starting with the absolute basics
• Covers everything you need to know, from options pricing and interest rate and currency swaps to zero-coupon rates and foreign exchange
• Brand new chapters on gold and other commodities and repos, buy/sell-backs and securities lending

Success in today's sophisticated financial markets depends on a firm understanding of key financial concepts and mathematical techniques. Mastering Financial Calculations explains them in a clear, comprehensive way – so even if your mathematical background is limited, you'll thoroughly grasp what you need to know. Bob Steiner makes use of easy-to-follow worked examples and practical exercises to guide you through the fundamentals, making sure you’ve got the hang of these before walking you through the essential calculations behind the more advanced techniques that are widely used in the markets.

Whether you are a trader, fund manager, corporate treasurer, programmer, accountant, risk manager, or student, the exceptional clarity of this book means you'll quickly gain the ability to manipulate and apply these techniques with speed, accuracy and confidence.

Biography

Bob Steiner is Managing Director for Markets International and is an experienced financial trainer and consultant. He runs specialist courses for many financial institutions and investment banks and is also a Trainer for the ACI.

For more information on Bob's training activities, see markets-international.com