An Introduction to Derivative Securities, Financial Markets, and Risk Management (Second Edition)
Written by two of the most distinguished finance scholars in the industry, Robert Jarrow and Arkadev Chatterjea, this introductory textbook on derivatives and risk management is highly accessible in terms of both conceptual depth and mathematical application. This rewritten and streamlined second edition maintains a strong economics perspective, ensuring the content is closely connected to the dynamics of real-world financial markets.
The text is designed to accommodate a wide range of learners. It begins at a level comfortable for lower-division college students and gradually develops the complexity of the material to serve business majors, arts, science, and engineering graduates, as well as MBAs preparing for professional roles in the finance industry. In line with modern teaching trends, the authors have woven spreadsheet applications throughout the text. Using the “PRICED!” framework, students are empowered to achieve self-sufficiency by generating all the models and graphs featured in the book via standard spreadsheet software.
Book Details and Metadata:
- Full Title: An Introduction to Derivative Securities, Financial Markets, and Risk Management (Second Edition)
- Author(s): Robert A. Jarrow and Arkadev Chatterjea
- Edition: Second Edition
- Publisher: World Scientific (US)
- Publication Date: May 16, 2019
- ISBN-13: 978-1944659578
- Subject: Finance, Risk Management, and Derivative Securities
This comprehensive guide bridges the gap between theoretical finance and practical market application, making it an essential resource for anyone seeking a foundational understanding of how derivative securities function within global financial systems.
