PAUL WILMOTT – FREQUENTLY ASKED QUESTIONS IN QUANTITATIVE FINANCE

Quantitative finance is the most rewarding real-world application of mathematics. It is fascinating because of the speed at which the subject develops, the new products and the new models that we have to understand. It is rewarding because anyone can make a breakthrough.

Having worked in this field for many years, I have come to appreciate the importance of getting the right balance between mathematics and intuition. You won’t be able to make much progress if you don’t have enough math. If you don’t get the right level of math, you won’t make the first base camp, you’ll collapse in a heap before the top, and it’s like having the right equipment to climb Mount Everest.

I aim to get the right mix of theory and practice when I teach or write about this subject. Finance is not a hard science, so you have to accept the limitations of the models. It’s not a very soft science, so you would be at a disadvantage if you didn’t have those models. I think this adds to the fascination of the subject.

The book looks at some of the most important aspects of financial engineering and considers them from both theoretical and practical points of view. If you are reading this book to help you with your job interviews, good luck, finance is just as fun in practice as it is in theory. How do you get on?

TABLE OF CONTENTS

Preface.

Quantitative finance takes a long time.

2 FAQs.

Probability distributions are used in finance.

There are different ways to derive black scythes.

There are 5 models and equations.

The Greeks and the Black Scholes Formula.

There are 7 common contracts.

There are 8 popular quant books.

Search words and phrases are the most popular on Wilmott.com.

There are 10 brainteasers.

Paul and Dominic have a guide to getting a job.

AUTHOR INFORMATION

The man is Paul Wilmott. I am a researcher, consultant and lecturer in quantitative finance. There are people in London, UK. . He is the founder of a financial consulting and training firm. There is a person named Wilmott. There is a magazine. He was called a cult derivatives lecturer by the Financial Times. One of the world’s leading experts on quantitative finance and derivatives, he is renowned for his criticism of popular models and concepts and for his unique, informal writing style.

NEW TO THIS EDITION

Questions in Quantitative Finance are frequently asked. includes:

• Quantitative finance timeline
• Sections on models
• Equations and formulas and popular distributions
• Recommended quant reading list
• Popular word search and brainteasers

Get Frequently Asked Questions from Paul Wilmott.

Frequently Asked Questions in Quantitative Finance can be downloaded, as well as free Frequently Asked Questions in Quantitative Finance.