An Introduction to Derivative Securities, Financial Markets, and Risk Management

An Introduction to Derivative Securities, Financial Markets, and Risk Management

<p><strong>The first real <em>introductory</em> text in derivatives.</strong></p> Written by Robert Jarrow, one of the true titans of finance, and his former student Arkadev Chatterjea, <em>Introduction to Derivatives</em> is the first text developed from the ground up for students taking the introductory derivatives course. The math is presented at the right level and is always motivated by what’s happening in the financial markets. And, as one of the developers of the Heath-Jarrow-Morton Model, Robert Jarrow presents a novel, accessible way to understand this important topic.