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Financial mathematics

  1. Sep 16, 2006 #1
    Does anyone know of any good books on financial math? I am interested in something that covers the basics of financial math and is accessible to undergraduates. I don't want anything that takes a phd to understand.
     
  2. jcsd
  3. Sep 16, 2006 #2

    Integral

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    It is not clear what you mean. If you are referring to accounting then there is not much math required, it is all orgainization.

    If you are refering to modeling economic systems then you must learn about nonlinear dynamic systems (Chaos) .

    What is financial math?
     
  4. Sep 16, 2006 #3
    I had something in mind like Black-scholes equation (which is very famous), financial derivatives, options, etc.
     
    Last edited: Sep 16, 2006
  5. Sep 16, 2006 #4

    Integral

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    Calculus and Differential equations will do what you need for that.
     
  6. Sep 16, 2006 #5
    financial mathematics usually refer to time series, simulations, stochastic differential equations, and etc.
     
  7. Dec 26, 2009 #6
    "theory of interest and life contingencies with pension application"

    by Parmenter,Actex Pbublication...is very good book about f.math
     
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