Mastering Financial Calculations. A Step by Step Guide to the Mathematics of the Markets Financial Times Series

Customer Reviews

A must in your bookshelf

2002-09-20
One of the best titles you can get about pricing swaps and simple options and many other money market stuff. A lot of excersises with solutions. I dont know how this book isnt a best-seller yet.

One of the best I've encountered

2000-10-23
As a liberal arts major who was not a math pro but had an interest in learning the tools of finance, this book was a dream come true. It explains every calculation simply and without any technical (and incomprehensible) jargon found in many textbooks. It includes examples, hints, and a glossary of important financial concepts. If you are willing to learn, then this book is for you. A good reference tool for even pros. A bit expensive but NOT sorry to have bought it.

Brilliant. A Definitive Work

2000-09-09
This is by far the most comprehensive, easy to understand book regarding financial math I have come across in over 15 years as a Wall Street IT professional. From calculating simple interest to pricing interest rate and currency swaps to option payout diagrams this book has it all. All calculations are clearly laid out with real examples, sample questions and hints. A must have for novices and pros.

A Must Have! Keep it at hand!

2000-04-19
If you work in the financial world and more especially in the IT department, you'll LOVE this book: clear, concise, lots of examples!

fantastic!!!

1998-08-13
The author found an easy and interesting way to explain the complexity of mathematics applied to financial market!! Everyone should have it!!!!

Excellent Book !!!!!!!!!!

2008-03-16
This book is excellent for learning how to do financial mathematics. It covers the topic from a global perspective, looking at the conventions in different markets in the world such as Australia, UK, France, Germany, Japan, US etc. and shows you how to convert calculations among different market conventions. A truly global book and quite clearly explained!!! Makes a great teaching tool and an excellent reference tool.

Great value

2007-12-12
This book does a nice job of explaining the wide array of financial calculations and I'm particularly benefiting from the HP12C steps in the text.

Stellar content, wretched printing quality

2007-10-30
It would be hard to overstate the clarity and comprehensiveness of the content. Similarly, it would be hard to overstate the shoddiness of the printing. It looks like it was run off on a third rate copier, so badly printed that some of the equations are impossible to read as they are printed on a gray background. Fortunately, the equations are reprinted in an appendix.

Un Excelente Libro Para Entender Las Matematicas Financieras!

2006-06-22
Es dificil encontrar un libro que te explique con tanta claridad (sencillo) el tema de las matematicas financieras. Vale la pena tenerlo.

Concise, informative & well communicated to intended readers

2003-12-29
I am using the most recent edition (1999, ISBN027362587X) of this excellent book published by FT Prentice Hall.

This book is a concise and informative guide to the concepts and mechanics (maths) and application of financial instruments.

The author has managed to cover the wide area of financial instruments and business maths in the most concise and informative manner possible.

The added bonus of this book is that it could have been "unintentionally" written as a companion with HP financial calculator-the HP12c and the HP19BII.

New & existing owners of the HP12c, would find this book to be an excellent and indispensible guide and practice workbook.

Working through the examples in the book with my HP12c has helped me familarise with the RPN mode/logic of performing financial maths at the same time as I apply my understanding of the underlying concepts to the exercise questions and illustrative examples.

I am impressed that the author had even included detailed key strokes of both the HP 12c and 19BII calculators with each illustrated examples and answers to practice questions as well! Although there is afew minor errors but the overall effort is great efforts and attention to details.

This book is really true to its name, I would certainly recommend Mr Steiner's excellent work and effort to anyone who needs a refresher or an introductory course into financial instruments for both work and study.

Judging by the author's excellent effort, it would be difficult for the author himself to improve on his own work unless there are major new developments in the subject matter or if the author wishes to cover more complex and specialist areas.

A five star+ effort in my humble opinion.