This book teaches finance professionals with no prior programming, C++, and modeling knowledge how to create simple to advanced financial models using C++. C++ is the computer language used most often to develop advanced and large-scale financial models and systems used by hedge funds, commercial and investment banks, insurance companies, and other financial institutions. Yet there is no book that specifically addresses the needs of finance professionals like traders and quantitative analysts involved in or interested in entering the large and lucrative areas of developing such financial models and systems. In this book, Sengupta addresses all aspects of financial modeling in C++ including basic knowledge of underlying financial theory and mathematics, programming and system development skills, knowledge of the appropriate programming language, and discussion of modeling skill.
Book Details:
- Author: Chandan Sengupta
- ISBN: 9780471789086
- Year Published: 2007
- Pages: 576
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
This book teaches finance professionals with no prior programming, C++, and modeling knowledge how to create simple to advanced financial models using C++. C++ is the computer language used most often to develop advanced and large-scale financial models and systems used by hedge funds, commercial and investment banks, insurance companies, and other financial institutions. Yet there is no book that specifically addresses the needs of finance professionals like traders and quantitative analysts involved in or interested in entering the large and lucrative areas of developing such financial models and systems. In this book, Sengupta addresses all aspects of financial modeling in C++ including basic knowledge of underlying financial theory and mathematics, programming and system development skills, knowledge of the appropriate programming language, and discussion of modeling skill.
Currently, there is no C++ book that covers what most finance professionals need to know about C++. There are also no books out there that teach financial modeling using C++. Most finance quants and professionals who want to learn C++ currently use introductory books that introduce them to C++ but do not cover C++ in enough detail for their advanced modeling needs (primarily derivatives modeling work). This book fills the current gap in modeling for professionals and covers much needed aspects of C++, teaching it directly to the audience that is searching for it most.
FILLS CURRENT GAP IN FINANCIAL MODELING WITH C++ — FROM BASIC TO ADVANCED. This book can be used to teach both financial modeling students and more skilled professionals all aspects of C++ and modeling that pertain to financial modeling. HOT TOPIC AMONG TRADERS, PROGRAMMERS, AND QUANTITATIVE ANALYSTS. It seems that everyone on Wall Street needs to be a systems programmer and titles that purport to teach programming and modeling are much in demand. GIVES READERS TOOLS TO DEVELOP FINANCIAL MODELS USING C++. Sengupta selectively covers only those aspects of C++ that are useful for financial modeling, and teaches C++ using examples from finance so that the reader can relate to them and carry over the knowledge to developing financial models in general. The only way one can learn financial modeling using any computer language, whether in a class room or on ones own, is by actually creating models for practical problems and cases. Half of this book concentrates on a series of real-life problems (simple to complex) and cases that the reader learns to solve by developing models for them. The book provides line-by-line instructions for developing each model, and also includes full code for each model with annotations to highlight programming techniques. Although C++ is used most often for derivatives modeling, Sengupta also covers many non-derivatives applications as well to provide a broader perspective. INCLUDES CD-ROM. The book has a CD-ROM with all the codes developed in the book.
About the Author
Chandan Sengupta (White Plains, NY) teaches finance in the MBA program at the Fordham University Graduate School of Business specializing in Financial Modeling, Business Valuation, Corporate Finance, and Investment Management. Formerly, he was Vice President at the Chase Manhattan Bank for eight years and Senior Financial Advisor for Mobil Corporation for ten years. He is the author of Financial Modeling Using Excel and VBA (Wiley, 2004).