Top Introductory Finance Texts for All Levels | Expert Recommendations

Click For Summary
SUMMARY

This discussion focuses on recommended introductory finance texts suitable for various levels of understanding. Key recommendations include "An Undergraduate Introduction to Financial Mathematics" by Buchanan for a general overview and "Stochastic Calculus for Finance, Part I and II" by Shreve for those interested in more advanced concepts involving probability theory. Additionally, resources for financial derivatives and quantitative risks are highlighted, including a curated list from Mark Joshi's website.

PREREQUISITES
  • Basic understanding of finance concepts
  • Familiarity with probability theory
  • Interest in financial derivatives and quantitative risks
  • Willingness to engage with mathematical concepts
NEXT STEPS
  • Research "An Undergraduate Introduction to Financial Mathematics" by Buchanan
  • Explore "Stochastic Calculus for Finance, Part I and II" by Shreve
  • Visit Mark Joshi's recommended books for finance
  • Study financial derivatives and their mathematical foundations
USEFUL FOR

Students, finance professionals, and anyone looking to build a foundational understanding of finance concepts and mathematical applications in finance.

Bipolarity
Messages
773
Reaction score
2
Can anyone recommend me some texts on introductory finance? I have no problem with the level of math it may require, although I am of the opinion that introductory finance texts probably won't require too much of advanced mathematics.

Thanks much.

BiP
 
Physics news on Phys.org
What area of finance are you interested in? One area frequently linked to more fancy math is that of financial derivatives, or more general the area of quantitative risks. Check out:

http://www.markjoshi.com/RecommendedBooks.html

More interested in a general exposé? Check out:
Buchanan -- An Undergraduate Introduction to Financial Mathematics.

Although the math is, at first, not hard, you will need to know plenty of concepts of probability theory. Check out:
Shreve - Stochastic Calculus for Finance, part I and II.
 

Similar threads

Intro Math Plan to revise my learned math & start learning pure math
  • · Replies 5 ·
Replies
5
Views
5K
Prob/Stats Looking for a probability and statistics textbook
  • · Replies 12 ·
Replies
12
Views
4K
Prob/Stats References to Probability & Statistics for Engineers
  • · Replies 2 ·
Replies
2
Views
3K
Number Theory Can anyone recommend me a textbook for Number Theory (Undergraduate)?
  • · Replies 3 ·
Replies
3
Views
3K
Intro Physics Photon and charged particle interactions with matter
  • · Replies 2 ·
Replies
2
Views
2K
Intro Math Introductory Book on Group Theory for HS freshman?
  • · Replies 3 ·
Replies
3
Views
2K
Quasi-Mathematical Books on Various Topics in Modern Physics.
  • · Replies 13 ·
Replies
13
Views
4K
Books to read before Arnold's Classical Mechanics
  • · Replies 5 ·
Replies
5
Views
3K
Classical What are the best intermediate Newtonian mechanics textbooks?
  • · Replies 23 ·
Replies
23
Views
6K
Classical Is Landau/Lifshitz series suitable for learning?
  • · Replies 19 ·
Replies
19
Views
11K