An Introduction to Derivatives and Risk Management [With Stock-Trak]

by Roberts Brooks and Don M. Chance

Book Overview

One book gives you a solid understanding of how derivatives are used to manage the risks of financial decisions. Extremely reader friendly, market-leading INTRODUCTION TO DERIVATIVES AND RISK... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0324601212
• ISBN13: 9780324601213
• Release Date: August 2009
• Publisher: South Western Educational Publishing
• Length: 652 Pages
• Weight: 3.05 lbs.
• Dimensions: 1.2" x 8.2" x 10.2"

Customer Reviews

Great Buy

Saved a whole lot of money by buying this book online as opposed to the university store. no complaints at all

A Great Introduction for under or MBA

Dr. Chance did a excellent job in carefully introducing the concept and outline of derivatives markets to students with basic business school training. I used the 4th edition in my undergraduate course couple years ago, and built up a solid conceptual understanding in this field. The newest version still keep its pleasant style and contain some thing more about risk management. This book offers the best introduction to undergraduate business school students or MBA student who need not to work with financial derivatives much. But for those non-business students wants get into mathematical finance industry, to buy a book only for concept intro may not a economy choice. Refer this book if you find the first half in Hull's "Option, futures and other derivatives" not clear enough.

A Must Have

If you are a student just taken up a course in derivatives or risk management you should have this book. if you find john hull more technical, you have Don Chance who covers options and other derivatives in a greater detail and in more words. everything you want to know about how banks etc have risk mangaement systems in place and market risk instruments is here. in case you want a greater coverage of options and pricing options, you should definatly take a look at Black Scholes and Beyond by Neil Chriss, a work of art.

Excellent book for concepts

This is an excellent book for non finance majors who would like to grasp the physical concepts behind different derivatives products traded in the OTC markets. The book is ideal for a preperation read for all aspiring to take Financial Engineering / Derivatives as majors in graduate programs.

An excellent books for Derivatives concepts.

If you are interested in the basic concepts governing derivatives without getting into the mathematics of it then this is the ideal book. I recommend this book for any one who is contemplating taking Derivatives as an advanced level course. The book would give a solid foundation to the concepts of risk management.