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Quantitative Methods for Finance and Investments

Quantitative Methods for Finance and Investments

List Price: $47.95
Your Price: $47.95
Product Info Reviews

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Rating: 4 stars
Summary: Ideal for its audience
Review: Abraham Lincoln said: "If you like this kind of book, this is the kind of book you will like." Teall and Hasan fill the bill. They do an excellent job of meeting the needs of a particular audience. That would be: students with some grounding in math who need a refresher for the academic study of finance. Coverage is exhaustive: they carry the reader all the way from a basic math refresher through to option pricing. The examples are clear and specific, and they are neatly related to the subject at hand -- it's not just a recycled engineering text.

The introduction says that the purpose is "to update" their skills. The verb is well chosen. I doubt that anyone could learn, say calculus, from a reading of this book, no matter how determined the reader. But the student who took calculus in high school and then forgot it will find this a serviceable device for bringing it back to mind. Perhaps inconsistently, the authors also say that the book can serve "as a primary text" for a quants course, even for undergraduates. Repeating what I said above, I doubt it.

The nature of these comments may seem to limit their market, but I mean no criticism of the book as such. I am already recommending it to students, and for the right reader, it is just the ticket.


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