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| visual basic for finance: Advanced Modelling in Finance Using Excel and VBA Mary Jackson, Mike Staunton, 2001-06-08 Accompanying CD in pocket at the back of book. |
| visual basic for finance: An Introduction to Excel VBA Programming Guojun Gan, 2017-05-08 Excel Visual Basic for Applications (VBA) can be used to automate operations in Excel and is one of the most frequently used software programs for manipulating data and building models in banks and insurance companies. An Introduction to Excel VBA Programming: with Applications in Finance and Insurance introduces readers to the basic fundamentals of VBA Programming while demonstrating applications of VBA to solve real-world problems in finance and insurance. Assuming no prior programming experience and with reproducible examples using code and data, this text is suitable for advanced undergraduate students, graduate students, actuaries, and financial analysts who wish to learn VBA. Features: Presents the theory behind the algorithms in detail Includes more than 100 exercises with selected solutions Provides VBA code in Excel files and data to reproduce the results in the book Offers a solutions manual for qualified instructors |
| visual basic for finance: Accounting & Finance Jack Jay Purdum, 1995 The purpose of this book is to give the reader a set of tools that form a framework for writing database applications for accounting and finance applications. More specifically, the book provides the code for a general ledger, accounts receivable, accounts payable, and inventory control modules. Disk includes all the source code from the book, plus the complete accounting applications. |
| visual basic for finance: Structured Finance Modeling with Object-Oriented VBA Evan Tick, 2011-07-28 A detailed look at how object-oriented VBA should be used to model complex financial structures This guide helps readers overcome the difficult task of modeling complex financial structures and bridges the gap between professional C++/Java programmers writing production models and front-office analysts building Excel spreadsheet models. It reveals how to model financial structures using object-oriented VBA in an Excel environment, allowing desk-based analysts to quickly produce flexible and robust models. Filled with in-depth insight and expert advice, it skillfully illustrates the art of object-oriented programming for the explicit purpose of modeling structured products. Residential mortgage securitization is used as a unifying example throughout the text. |
| visual basic for finance: Professional Financial Computing Using Excel and VBA Donny C. F. Lai, Humphrey K. K. Tung, Michael C. S. Wong, 2011-12-28 Professional Financial Computing Using Excel and VBA is an admirable exposition that bridges the theoretical underpinnings of financial engineering and its application which usually appears as a black-box software application. The book opens the black-box and reveals the architecture of risk-modeling and financial engineering based on industry-standard stochastic models by utilizing Excel and VBA functionality to create a robust and practical modeling tool-kit. Financial engineering professionals who purchase this book will have a jumpstart advantage for their customized financial engineering and modeling needs. Dr. Cameron Wicentowich Vice President, Treasury Analytics Canadian Imperial Bank of Commerce (CIBC) Spreadsheet modeling for finance has become a standard course in the curriculum of many Quantitative Finance programs since the Excel-based Visual Basic programming is now widely used in constructing optimal portfolios, pricing structured products and managing risks. Professional Financial Computing Using Excel and VBA is written by a unique team of finance, physics and computer academics and practitioners. It is a good reference for those who are studying for a Masters degree in Financial Engineering and Risk Management. It can also be useful for financial engineers to jump-start a project on designing structured products, modeling interest term structure or credit risks. Dr. Jin Zhang Director of Master of Finance Program and Associate Professor The University of Hong Kong Excel has been one of the most powerful tools for financial planning and computing over the last few years. Most users utilize a fraction of its capabilities. One of the reasons is the limited availability of books that cover the advanced features of Excel for Finance. Professional Financial Computing Using Excel and VBA goes the extra mile and deals with the Excel tools many professionals call for. This book is a must for professionals or students dealing with financial engineering, financial risk management, computational finance or mathematical finance. I loved the way the authors covered the material using real life, hands-on examples. Dr. Isaac Gottlieb Temple University Author, Next Generation Excel: Modeling in Excel for Analysts and MBAs |
| visual basic for finance: Financial Analysis and Modeling Using Excel and VBA Chandan Sengupta, 2009-11-09 An updated look at the theory and practice of financial analysis and modeling Financial Analysis and Modeling Using Excel and VBA, Second Edition presents a comprehensive approach to analyzing financial problems and developing simple to sophisticated financial models in all major areas of finance using Excel 2007 and VBA (as well as earlier versions of both). This expanded and fully updated guide reviews all the necessary financial theory and concepts, and walks you through a wide range of real-world financial problems and models that you can learn from, use for practice, and easily adapt for work and classroom use. A companion website includes several useful modeling tools and fully working versions of all the models discussed in the book. Teaches financial analysis and modeling and illustrates advanced features of Excel and VBA, using a learn-by-doing approach Contains detailed coverage of the powerful features of Excel 2007 essential for financial analysis and modeling, such as the Ribbon interface, PivotTables, data analysis, and statistical analysis Other titles by Sengupta: Financial Modeling Using C++ and The Only Proven Road to Investment Success Designed for self-study, classroom use, and reference This comprehensive guide is an essential read for anyone who has to perform financial analysis or understand and implement financial models. |
| visual basic for finance: Computational Finance George Levy, 2004-01-27 Accompanying CD-ROM contains ... working computer code, demonstration applications, and also PDF versions of several research articles that are referred to in the book. -- d.j. |
| visual basic for finance: Programming Excel with VBA and .NET Jeff Webb, Steve Saunders, 2006-04-25 Why program Excel? For solving complex calculations and presenting results, Excel is amazingly complete with every imaginable feature already in place. But programming Excel isn't about adding new features as much as it's about combining existing features to solve particular problems. With a few modifications, you can transform Excel into a task-specific piece of software that will quickly and precisely serve your needs. In other words, Excel is an ideal platform for probably millions of small spreadsheet-based software solutions. The best part is, you can program Excel with no additional tools. A variant of the Visual Basic programming language, VB for Applications (VBA) is built into Excel to facilitate its use as a platform. With VBA, you can create macros and templates, manipulate user interface features such as menus and toolbars, and work with custom user forms or dialog boxes. VBA is relatively easy to use, but if you've never programmed before, Programming Excel with VBA and .NET is a great way to learn a lot very quickly. If you're an experienced Excel user or a Visual Basic programmer, you'll pick up a lot of valuable new tricks. Developers looking forward to .NET development will also find discussion of how the Excel object model works with .NET tools, including Visual Studio Tools for Office (VSTO). This book teaches you how to use Excel VBA by explaining concepts clearly and concisely in plain English, and provides plenty of downloadable samples so you can learn by doing. You'll be exposed to a wide range of tasks most commonly performed with Excel, arranged into chapters according to subject, with those subjects corresponding to one or more Excel objects. With both the samples and important reference information for each object included right in the chapters, instead of tucked away in separate sections, Programming Excel with VBA and .NET covers the entire Excel object library. For those just starting out, it also lays down the basic rules common to all programming languages. With this single-source reference and how-to guide, you'll learn to use the complete range of Excel programming tasks to solve problems, no matter what you're experience level. |
| visual basic for finance: Python for Finance Yves J. Hilpisch, 2018-12-05 The financial industry has recently adopted Python at a tremendous rate, with some of the largest investment banks and hedge funds using it to build core trading and risk management systems. Updated for Python 3, the second edition of this hands-on book helps you get started with the language, guiding developers and quantitative analysts through Python libraries and tools for building financial applications and interactive financial analytics. Using practical examples throughout the book, author Yves Hilpisch also shows you how to develop a full-fledged framework for Monte Carlo simulation-based derivatives and risk analytics, based on a large, realistic case study. Much of the book uses interactive IPython Notebooks. |
| visual basic for finance: Modeling Structured Finance Cash Flows with Microsoft Excel Keith A. Allman, 2010-12-28 A practical guide to building fully operational financial cash flow models for structured finance transactions Structured finance and securitization deals are becoming more commonplace on Wall Street. Up until now, however, market participants have had to create their own models to analyze these deals, and new entrants have had to learn as they go. Modeling Structured Finance Cash Flows with Microsoft Excel provides readers with the information they need to build a cash flow model for structured finance and securitization deals. Financial professional Keith Allman explains individual functions and formulas, while also explaining the theory behind the spreadsheets. Each chapter begins with a discussion of theory, followed by a section called Model Builder, in which Allman translates the theory into functions and formulas. In addition, the companion website features all of the modeling exercises, as well as a final version of the model that is created in the text. Note: Companion website and other supplementary materials are not included as part of eBook file. |
| visual basic for finance: Principles of Financial Modelling Michael Rees, 2018-03-19 The comprehensive, broadly-applicable, real-world guide to financial modelling Principles of Financial Modelling – Model Design and Best Practices Using Excel and VBAcovers the full spectrum of financial modelling tools and techniques in order to provide practical skills that are grounded in real-world applications. Based on rigorously-tested materials created for consulting projects and for training courses, this book demonstrates how to plan, design and build financial models that are flexible, robust, transparent, and highly applicable to a wide range of planning, forecasting and decision-support contexts. This book integrates theory and practice to provide a high-value resource for anyone wanting to gain a practical understanding of this complex and nuanced topic. Highlights of its content include extensive coverage of: Model design and best practices, including the optimisation of data structures and layout, maximising transparency, balancing complexity with flexibility, dealing with circularity, model audit and error-checking Sensitivity and scenario analysis, simulation, and optimisation Data manipulation and analysis The use and choice of Excel functions and functionality, including advanced functions and those from all categories, as well as of VBA and its key areas of application within financial modelling The companion website provides approximately 235 Excel files (screen-clips of most of which are shown in the text), which demonstrate key principles in modelling, as well as providing many examples of the use of Excel functions and VBA macros. These facilitate learning and have a strong emphasis on practical solutions and direct real-world application. For practical instruction, robust technique and clear presentation, Principles of Financial Modelling is the premier guide to real-world financial modelling from the ground up. It provides clear instruction applicable across sectors, settings and countries, and is presented in a well-structured and highly-developed format that is accessible to people with different backgrounds. |
| visual basic for finance: Financial Modelling and Asset Valuation with Excel Morten Helbæk, Ragnar Løvaas, Jon Olav Mjølhus, 2013-07-18 Finance is Excel! This book takes you straight into the fascinating world of Excel, the powerful tool for number crunching. In a clear cut language it amalgamates financial theory with Excel providing you with the skills you need to build financial models for private or professional use. A comprehensive knowledge of modeling in Excel is becoming increasingly important in a competitive labour market. The chapters in part one start with the most basic Excel topics such as cell addresses, workbooks, basic formulas, etc. These chapters get more advanced through part one, and takes you in the end to topics such as array formulas, data tables, pivot tables, etc. The other parts of the book discusses a variety of subjects such as net present value, internal rate of return, risk, portfolio theory, CAPM, VaR, project valuation, asset valuation, firm valuation, loan, leasing, stocks, bonds, options, simulation, sensitivity analysis, etc. |
| visual basic for finance: Financial Modeling in Excel For Dummies Danielle Stein Fairhurst, 2017-04-11 Make informed business decisions with the beginner's guide to financial modeling using Microsoft Excel Financial Modeling in Excel For Dummies is your comprehensive guide to learning how to create informative, enlightening financial models today. Not a math whiz or an Excel power-user? No problem! All you need is a basic understanding of Excel to start building simple models with practical hands-on exercises and before you know it, you'll be modeling your way to optimized profits for your business in no time. Excel is powerful, user-friendly, and is most likely already installed on your computer—which is why it has so readily become the most popular financial modeling software. This book shows you how to harness Excel's capabilities to determine profitability, develop budgetary projections, model depreciation, project costs, value assets and more. You'll learn the fundamental best practices and know-how of financial modeling, and how to put them to work for your business and your clients. You'll learn the tools and techniques that bring insight out of the numbers, and make better business decisions based on quantitative evidence. You'll discover that financial modeling is an invaluable resource for your business, and you'll wonder why you've waited this long to learn how! Companies around the world use financial modeling for decision making, to steer strategy, and to develop solutions. This book walks you through the process with clear, expert guidance that assumes little prior knowledge. Learn the six crucial rules to follow when building a successful financial model Discover how to review and edit an inherited financial model and align it with your business and financial strategy Solve client problems, identify market projections, and develop business strategies based on scenario analysis Create valuable customized templates models that can become a source of competitive advantage From multinational corporations to the mom-and-pop corner store, there isn't a business around that wouldn't benefit from financial modeling. No need to buy expensive specialized software—the tools you need are right there in Excel. Financial Modeling in Excel For Dummies gets you up to speed quickly so you can start reaping the benefits today! |
| visual basic for finance: The Infographic Guide to Personal Finance Michele Cagan, Elisabeth Lariviere, 2017-12-05 This illustrated beginner's guide to personal finance distills essential information into small, easy-to-follow steps to help you get your finances in order. Get your finances in shape! In The Infographic Guide to Personal Finance, you will learn all the skills you need to make good financial decisions and grow your personal wealth. Full of colorful descriptions organized in an easy-to-read format, this book contains infographics such as: Choosing your bank; Building an emergency fund; Choosing a financial planner; Where your money is going; What not to buy; Health insurance; Property insurance; What federal taxes pay for. With the help of this guide, you'll learn how to make good investments, save for big things like a house or college tuition, budget, and more! |
| visual basic for finance: Financial Modeling, fifth edition Simon Benninga, Tal Mofkadi, 2022-02-01 A substantially updated new edition of the essential text on financial modeling, with revised material, new data, and implementations shown in Excel, R, and Python. Financial Modeling has become the gold-standard text in its field, an essential guide for students, researchers, and practitioners that provides the computational tools needed for modeling finance fundamentals. This fifth edition has been substantially updated but maintains the straightforward, hands-on approach, with an optimal mix of explanation and implementation, that made the previous editions so popular. Using detailed Excel spreadsheets, it explains basic and advanced models in the areas of corporate finance, portfolio management, options, and bonds. This new edition offers revised material on valuation, second-order and third-order Greeks for options, value at risk (VaR), Monte Carlo methods, and implementation in R. The examples and implementation use up-to-date and relevant data. Parts I to V cover corporate finance topics, bond and yield curve models, portfolio theory, options and derivatives, and Monte Carlo methods and their implementation in finance. Parts VI and VII treat technical topics, with part VI covering Excel and R issues and part VII (now on the book’s auxiliary website) covering Excel’s programming language, Visual Basic for Applications (VBA), and Python implementations. Knowledge of technical chapters on VBA and R is not necessary for understanding the material in the first five parts. The book is suitable for use in advanced finance classes that emphasize the need to combine modeling skills with a deeper knowledge of the underlying financial models. |
| visual basic for finance: Advanced Modelling in Finance using Excel and VBA Mary Jackson, Mike Staunton, 2006-08-30 This new and unique book demonstrates that Excel and VBA can play an important role in the explanation and implementation of numerical methods across finance. Advanced Modelling in Finance provides a comprehensive look at equities, options on equities and options on bonds from the early 1950s to the late 1990s. The book adopts a step-by-step approach to understanding the more sophisticated aspects of Excel macros and VBA programming, showing how these programming techniques can be used to model and manipulate financial data, as applied to equities, bonds and options. The book is essential for financial practitioners who need to develop their financial modelling skill sets as there is an increase in the need to analyse and develop ever more complex 'what if' scenarios. Specifically applies Excel and VBA to the financial markets Packaged with a CD containing the software from the examples throughout the book Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file. |
| visual basic for finance: Credit Risk Modeling using Excel and VBA Gunter Löeffler, Peter N. Posch, 2007-06-05 In today's increasingly competitive financial world, successful risk management, portfolio management, and financial structuring demand more than up-to-date financial know-how. They also call for quantitative expertise, including the ability to effectively apply mathematical modeling tools and techniques, in this case credit. Credit Risk Modeling using Excel and VBA with DVD provides practitioners with a hands on introduction to credit risk modeling. Instead of just presenting analytical methods it shows how to implement them using Excel and VBA, in addition to a detailed description in the text a DVD guides readers step by step through the implementation. The authors begin by showing how to use option theoretic and statistical models to estimate a borrowers default risk. The second half of the book is devoted to credit portfolio risk. The authors guide readers through the implementation of a credit risk model, show how portfolio models can be validated or used to access structured credit products like CDO’s. The final chapters address modeling issues associated with the new Basel Accord. |
| visual basic for finance: Financial Modeling Using Excel and VBA Chandan Sengupta, 2004-02-26 Reviews all the necessary financial theory and concepts, and walks you through a wide range of real-world financial models - cover. |
| visual basic for finance: Building Financial Models John S. Tjia, 2004-01-10 Financial modeling is essential for determining a company's current value and projecting its future performance, yet few books explain how to build models for accurately interpreting financial statements. Building Financial Models is the first book to correct this oversight, unveiling a step-by-step process for creating a core model and then customizing it for companies in virtually any industry. Covering every aspect of building a financial model, it provides a broad understanding of the actual mechanics of models, as well as their foundational accounting and finance concepts. |
| visual basic for finance: VBA for Modelers S. Christian Albright, 2007 |
| visual basic for finance: Introduction to Computer Programming in Visual Basic 4.0 Robert J. Spear, Timothy M. Spear, 1997 Written for university and community-college students whose programming interests are Windows-based and business-oriented, this text assumes no previous knowledge of computer programming. In conjunction with Windows 95 and Visual Basic 4.0 software, this text will help students learn the fundamentals of writing computer applications in a Windows environment. It will allow them to create powerful, graphical programs for school, home or business. The authors' project-approach takes the student through a seven-step programming process to create working applications. As the student's competence grows, step-by-step instructions become less detailed. Students learn structured programming techniques and a systematic approach to writing and debugging programs that are applicable to any language. At the same time they become proficient in most of the features of Microsoft Visual Basic 4.0. |
| visual basic for finance: Financial Analysis with Microsoft Excel Timothy R. Mayes, Todd M. Shank, 1996 Start mastering the tool that finance professionals depend upon every day. FINANCIAL ANALYSIS WITH MICROSOFT EXCEL covers all the topics you'll see in a corporate finance course: financial statements, budgets, the Market Security Line, pro forma statements, cost of capital, equities, and debt. Plus, it's easy-to-read and full of study tools that will help you succeed in class. |
| visual basic for finance: Financial Modeling Simon Benninga, 2008-01-01 Too often, finance courses stop short of making a connection between textbook financeand the problems of real-world business. Financial Modeling bridges this gapbetween theory and practice by providing a nuts-and-bolts guide to solving common financial modelswith spreadsheets. Simon Benninga takes the reader step by step through each model, showing how itcan be solved using Microsoft Excel. The long-awaited third edition of this standard text maintainsthe cookbook features and Excel dependence that have made the first and second editionsso popular. It also offers significant new material, with new chapters covering such topics as bankvaluation, the Black-Litterman approach to portfolio optimization, Monte Carlo methods and theirapplications to option pricing, and using array functions and formulas. Other chapters, includingthose on basic financial calculations, portfolio models, calculating the variance-covariance matrix,and generating random numbers, have been revised, with many offering substantially new and improvedmaterial. Other areas covered include financial statement modeling, leasing, standard portfolioproblems, value at risk (VaR), real options, duration and immunization, and term structure modeling.Technical chapters treat such topics as data tables, matrices, the Gauss-Seidel method, and tips forusing Excel. The last section of the text covers the Visual Basic for Applications (VBA) techniquesneeded for the book. The accompanying CD contains Excel worksheets and solutions to end-of-chapterexercises. |
| visual basic for finance: Mastering Python for Finance James Ma Weiming, 2015-04-29 If you are an undergraduate or graduate student, a beginner to algorithmic development and research, or a software developer in the financial industry who is interested in using Python for quantitative methods in finance, this is the book for you. It would be helpful to have a bit of familiarity with basic Python usage, but no prior experience is required. |
| visual basic for finance: Programming Languages and Systems in Computational Economics and Finance Soren Bo Nielsen, 2012-12-06 The developments within the computationally and numerically oriented ar eas of Operations Research, Finance, Statistics and Economics have been sig nificant over the past few decades. Each area has been developing its own computer systems and languages that suit its needs, but there is relatively little cross-fertilization among them yet. This volume contains a collection of papers that each highlights a particular system, language, model or paradigm from one of the computational disciplines, aimed at researchers and practitioners from the other fields. The 15 papers cover a number of relevant topics: Models and Modelling in Operations Research and Economics, novel High-level and Object-Oriented approaches to programming, through advanced uses of Maple and MATLAB, and applications and solution of Differential Equations in Finance. It is hoped that the material in this volume will whet the reader's appetite for discovering and exploring new approaches to old problems, and in the longer run facilitate cross-fertilization among the fields. We would like to thank the contributing authors, the reviewers, the publisher, and last, but not least, Jesper Saxtorph, Anders Nielsen, and Thomas Stidsen for invaluable technical assistance. |
| visual basic for finance: Web Services in Finance Paul A. Watters, 2007-03-01 Many times, web services standards do not explicitly address core issues specific to the financial industrywhich makes it difficult to implement standards-compliant systems. But Web Services in Finance will bridge the gap in standards awareness. And you will acquire the skills to develop secure applications quickly. If you are a .NET or J2EE developer working in the financial industry, currently migrating applications to become Web services, or writing new Web services, then this book is your ideal companion! The authors thoroughly discuss crucial topics like data representation, messaging, security, privacy, management, monitoring, and more. What's more: the provided examples and API reviews will help you swiftly reach your goals. |
| visual basic for finance: Intermediate Structured Finance Modeling William Preinitz, Matthew Niedermaier, 2010-12-28 This book provides a pragmatic, hands-on approach to reaching an intermediate level of sophistication as a financial modeler. Expanding on the first book, A Fast Tract to Structured Finance Modeling, Monitoring, and Valuation, the book will guide you step-by-step through using learned principals in new and more powerful applications. These applications will build on the knowledge of Excel and VBA gained, expand the use of Access for data management tasks, as well as PowerPoint and Outlook for reporting and presentation tasks. |
| visual basic for finance: Counterterrorism and Threat Finance Analysis during Wartime David M. Blum, J. Edward Conway, 2015-01-22 This edited volume describes various analytic methods used by intelligence analysts supporting military operations in Iraq and Afghanistan as members of the Iraq and Afghan Threat Finance Cells—interagency intelligence teams tasked to disrupt terrorist and insurgent funding. All contributors have deployed to Iraq and/or Afghanistan and detail both the bureaucratic and intellectual challenges in understanding terrorist and insurgent finance networks and then designing operations to attack such networks via conventional military operations, Special Forces kill/capture targeting operations, and non-kinetic operations such as asset freezing or diplomacy. The analytic methods described here leverage both quantitative and qualitative methods, but in a language and style accessible to those without a quantitative background. All methods are demonstrated via actual case studies (approved for release by the U.S. government) drawn from the analysts’ distinct experiences while deployed. This book will be of interest to current or aspiring intelligence analysts, students of security studies, anti-money laundering specialists in the private sector, and more generally to those interested in understanding how intelligence analysis feeds into live operations during wartime at a very tactical level. |
| visual basic for finance: Financial Modelling for Project Finance MrExcel's Holy Macro! Books, Liam Bastick, Oscar Hagan, 2024-12-18 Learn to build advanced financial models for project finance using Excel. This book offers practical guidance, Excel tips, and case studies to understand valuation, cash flow analysis, and funding strategies. Key Features A complete guide combining financial modeling principles with advanced project finance techniques. Practical examples and a detailed case study to build a full project finance model from scratch. Expert insights into cash flow waterfalls, valuation strategies, and scenario analysis methods. Book DescriptionThis book is a practical guide for mastering financial modeling in project finance, providing a clear journey from foundational concepts to advanced techniques. It begins by introducing project finance, its significance, and how it differs from other finance structures. Readers will learn key Excel functions, data validation, and layout strategies essential for creating accurate and dynamic models. As the journey progresses, the book emphasizes best practices for building transparent, flexible, and robust models. It covers linked financial statements, cash flow waterfalls, debt structuring, and valuation techniques. A comprehensive case study walks readers through the construction of a full project finance model, separating construction and operational phases while integrating advanced concepts like scenario planning, sensitivity analysis, and ratio metrics. Designed with a logical flow, this book equips readers with practical skills to tackle real-world financial challenges. From Excel tips to project valuation and funding strategies, it provides actionable insights for analysts, finance professionals, and project managers seeking to excel in project finance modeling.What you will learn Explore project finance fundamentals and key funding principles. Apply advanced Excel functions to financial modeling tasks. Build dynamic financial statements linked for accurate analysis. Master cash flow waterfalls for effective project management. Perform scenario, sensitivity, and ratio analyses in Excel. Analyze valuation techniques for assessing project viability. Who this book is for This book is ideal for finance professionals, students of accounting or finance, and project managers with a basic understanding of Excel and financial principles. It is designed for those seeking practical, decision-focused insights into financial modelling for project finance. |
| visual basic for finance: Paul Wilmott on Quantitative Finance Paul Wilmott, 2013-10-25 Paul Wilmott on Quantitative Finance, Second Edition provides a thoroughly updated look at derivatives and financial engineering, published in three volumes with additional CD-ROM. Volume 1: Mathematical and Financial Foundations; Basic Theory of Derivatives; Risk and Return. The reader is introduced to the fundamental mathematical tools and financial concepts needed to understand quantitative finance, portfolio management and derivatives. Parallels are drawn between the respectable world of investing and the not-so-respectable world of gambling. Volume 2: Exotic Contracts and Path Dependency; Fixed Income Modeling and Derivatives; Credit Risk In this volume the reader sees further applications of stochastic mathematics to new financial problems and different markets. Volume 3: Advanced Topics; Numerical Methods and Programs. In this volume the reader enters territory rarely seen in textbooks, the cutting-edge research. Numerical methods are also introduced so that the models can now all be accurately and quickly solved. Throughout the volumes, the author has included numerous Bloomberg screen dumps to illustrate in real terms the points he raises, together with essential Visual Basic code, spreadsheet explanations of the models, the reproduction of term sheets and option classification tables. In addition to the practical orientation of the book the author himself also appears throughout the book—in cartoon form, readers will be relieved to hear—to personally highlight and explain the key sections and issues discussed. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file. |
| visual basic for finance: Computational Finance Using C and C# George Levy, 2016-07-21 Computational Finance Using C and C#: Derivatives and Valuation, Second Edition provides derivatives pricing information for equity derivatives, interest rate derivatives, foreign exchange derivatives, and credit derivatives. By providing free access to code from a variety of computer languages, such as Visual Basic/Excel, C++, C, and C#, it gives readers stand-alone examples that they can explore before delving into creating their own applications. It is written for readers with backgrounds in basic calculus, linear algebra, and probability. Strong on mathematical theory, this second edition helps empower readers to solve their own problems. *Features new programming problems, examples, and exercises for each chapter. *Includes freely-accessible source code in languages such as C, C++, VBA, C#, and Excel.. *Includes a new chapter on the history of finance which also covers the 2008 credit crisis and the use of mortgage backed securities, CDSs and CDOs. *Emphasizes mathematical theory. - Features new programming problems, examples, and exercises with solutions added to each chapter - Includes freely-accessible source code in languages such as C, C++, VBA, C#, Excel, - Includes a new chapter on the credit crisis of 2008 - Emphasizes mathematical theory |
| visual basic for finance: Handbook on Information Technology in Finance Detlef Seese, Christof Weinhardt, Frank Schlottmann, 2008-05-27 This handbook contains surveys of state-of-the-art concepts, systems, applications, best practices as well as contemporary research in the intersection between IT and finance. Included are recent trends and challenges, IT systems and architectures in finance, essential developments and case studies on management information systems, and service oriented architecture modeling. The book shows a broad range of applications, e.g. in banking, insurance, trading and in non-financial companies. Essentially, all aspects of IT in finance are covered. |
| visual basic for finance: Numerical Methods in Finance and Economics Paolo Brandimarte, 2013-06-06 A state-of-the-art introduction to the powerful mathematical and statistical tools used in the field of finance The use of mathematical models and numerical techniques is a practice employed by a growing number of applied mathematicians working on applications in finance. Reflecting this development, Numerical Methods in Finance and Economics: A MATLAB?-Based Introduction, Second Edition bridges the gap between financial theory and computational practice while showing readers how to utilize MATLAB?--the powerful numerical computing environment--for financial applications. The author provides an essential foundation in finance and numerical analysis in addition to background material for students from both engineering and economics perspectives. A wide range of topics is covered, including standard numerical analysis methods, Monte Carlo methods to simulate systems affected by significant uncertainty, and optimization methods to find an optimal set of decisions. Among this book's most outstanding features is the integration of MATLAB?, which helps students and practitioners solve relevant problems in finance, such as portfolio management and derivatives pricing. This tutorial is useful in connecting theory with practice in the application of classical numerical methods and advanced methods, while illustrating underlying algorithmic concepts in concrete terms. Newly featured in the Second Edition: * In-depth treatment of Monte Carlo methods with due attention paid to variance reduction strategies * New appendix on AMPL in order to better illustrate the optimization models in Chapters 11 and 12 * New chapter on binomial and trinomial lattices * Additional treatment of partial differential equations with two space dimensions * Expanded treatment within the chapter on financial theory to provide a more thorough background for engineers not familiar with finance * New coverage of advanced optimization methods and applications later in the text Numerical Methods in Finance and Economics: A MATLAB?-Based Introduction, Second Edition presents basic treatments and more specialized literature, and it also uses algebraic languages, such as AMPL, to connect the pencil-and-paper statement of an optimization model with its solution by a software library. Offering computational practice in both financial engineering and economics fields, this book equips practitioners with the necessary techniques to measure and manage risk. |
| visual basic for finance: A Fast Track to Structured Finance Modeling, Monitoring, and Valuation William Preinitz, 2009-02-17 This book is designed to start with simple examples that progressively develop the reader's confidence to take on more complex tasks. There is very little theoretical discussion about computer science, operations research algorithms, mathematics, or finance. The thrust of the book is to teach the reader to break complex tasks down into simple tasks. It then looks to implement those simple tasks into VBA code using a critical subset of the features of the language. The tentative contents is: (1) Why? What? Who? Where? and How? (2) Common Sense (3) Securitizing A Loan Portfolio (4) Understanding the Excel Waterfall (5) Designing the VBA Model (6) Laying the Model Groundwork (7) Recorded Macros: A First Look at the VBA Language (8) Writing Menus: An Introduction to Data, Ranges, Arrays, and Objects (9) Controlling the Flow of the Model (10) Building Messaging Capabilities (11) Designing the Model’s Reports (12) Main Program and Menus (13) Writing the Collateral Selection Code (14) Calculating the Cash Flows (15) Running the Waterfall: Producing Initial Results (16) Debugging the Model (17) Validating the Model (18) Running the Model (19) Building Additional Capabilities (20) Documentation of the Model (21) Managing the Growth of the Model (22) Building Portfolio Monitoring Model (23) Valuation Techniques: How do we Determine Price? (24) Challenging Times For the Deal (25) Parting Admonitions |
| visual basic for finance: Simulation and Optimization in Finance Dessislava A. Pachamanova, Frank J. Fabozzi, 2010-09-23 An introduction to the theory and practice of financial simulation and optimization In recent years, there has been a notable increase in the use of simulation and optimization methods in the financial industry. Applications include portfolio allocation, risk management, pricing, and capital budgeting under uncertainty. This accessible guide provides an introduction to the simulation and optimization techniques most widely used in finance, while at the same time offering background on the financial concepts in these applications. In addition, it clarifies difficult concepts in traditional models of uncertainty in finance, and teaches you how to build models with software. It does this by reviewing current simulation and optimization methodology-along with available software-and proceeds with portfolio risk management, modeling of random processes, pricing of financial derivatives, and real options applications. Contains a unique combination of finance theory and rigorous mathematical modeling emphasizing a hands-on approach through implementation with software Highlights not only classical applications, but also more recent developments, such as pricing of mortgage-backed securities Includes models and code in both spreadsheet-based software (@RISK, Solver, Evolver, VBA) and mathematical modeling software (MATLAB) Filled with in-depth insights and practical advice, Simulation and Optimization Modeling in Finance offers essential guidance on some of the most important topics in financial management. |
| visual basic for finance: Quantitative Finance Matt Davison, 2014-05-08 Teach Your Students How to Become Successful Working Quants Quantitative Finance: A Simulation-Based Introduction Using Excel provides an introduction to financial mathematics for students in applied mathematics, financial engineering, actuarial science, and business administration. The text not only enables students to practice with the basic techniques of financial mathematics, but it also helps them gain significant intuition about what the techniques mean, how they work, and what happens when they stop working. After introducing risk, return, decision making under uncertainty, and traditional discounted cash flow project analysis, the book covers mortgages, bonds, and annuities using a blend of Excel simulation and difference equation or algebraic formalism. It then looks at how interest rate markets work and how to model bond prices before addressing mean variance portfolio optimization, the capital asset pricing model, options, and value at risk (VaR). The author next focuses on binomial model tools for pricing options and the analysis of discrete random walks. He also introduces stochastic calculus in a nonrigorous way and explains how to simulate geometric Brownian motion. The text proceeds to thoroughly discuss options pricing, mostly in continuous time. It concludes with chapters on stochastic models of the yield curve and incomplete markets using simple discrete models. Accessible to students with a relatively modest level of mathematical background, this book will guide your students in becoming successful quants. It uses both hand calculations and Excel spreadsheets to analyze plenty of examples from simple bond portfolios. The spreadsheets are available on the book’s CRC Press web page. |
| visual basic for finance: Computational Finance Using C and C# George Levy, 2008-06-13 Computational Finance Using C and C# raises computational finance to the next level using the languages of both standard C and C#. The inclusion of both these languages enables readers to match their use of the book to their firm's internal software and code requirements. The book also provides derivatives pricing information for equity derivates (vanilla options, quantos, generic equity basket options); interest rate derivatives (FRAs, swaps, quantos); foreign exchange derivatives (FX forwards, FX options); and credit derivatives (credit default swaps, defaultable bonds, total return swaps).This book is organized into 8 chapters, beginning with an overview of financial derivatives followed by an introduction to stochastic processes. The discussion then shifts to generation of random variates; European options; single asset American options; multi-asset options; other financial derivatives; and C# portfolio pricing application. The text is supported by a multi-tier website which enables purchasers of the book to download free software, which includes executable files, configuration files, and results files. With these files the user can run the C# portfolio pricing application and change the portfolio composition and the attributes of the deals.This book will be of interest to financial engineers and analysts as well as numerical analysts in banking, insurance, and corporate finance. - Illustrates the use of C# design patterns, including dictionaries, abstract classes, and .NET InteropServices |
| visual basic for finance: Applied Stochastic Models and Control for Finance and Insurance Charles S. Tapiero, 2012-12-06 Applied Stochastic Models and Control for Finance and Insurance presents at an introductory level some essential stochastic models applied in economics, finance and insurance. Markov chains, random walks, stochastic differential equations and other stochastic processes are used throughout the book and systematically applied to economic and financial applications. In addition, a dynamic programming framework is used to deal with some basic optimization problems. The book begins by introducing problems of economics, finance and insurance which involve time, uncertainty and risk. A number of cases are treated in detail, spanning risk management, volatility, memory, the time structure of preferences, interest rates and yields, etc. The second and third chapters provide an introduction to stochastic models and their application. Stochastic differential equations and stochastic calculus are presented in an intuitive manner, and numerous applications and exercises are used to facilitate their understanding and their use in Chapter 3. A number of other processes which are increasingly used in finance and insurance are introduced in Chapter 4. In the fifth chapter, ARCH and GARCH models are presented and their application to modeling volatility is emphasized. An outline of decision-making procedures is presented in Chapter 6. Furthermore, we also introduce the essentials of stochastic dynamic programming and control, and provide first steps for the student who seeks to apply these techniques. Finally, in Chapter 7, numerical techniques and approximations to stochastic processes are examined. This book can be used in business, economics, financial engineering and decision sciences schools for second year Master's students, as well as in a number of courses widely given in departments of statistics, systems and decision sciences. |
| visual basic for finance: Option Theory with Stochastic Analysis Fred Espen Benth, 2012-12-06 This is a very basic and accessible introduction to option pricing, invoking a minimum of stochastic analysis and requiring only basic mathematical skills. It covers the theory essential to the statistical modeling of stocks, pricing of derivatives with martingale theory, and computational finance including both finite-difference and Monte Carlo methods. |
Similar term to "visual" for audio? - English Language & Usage …
Dec 17, 2014 · I'm looking for a term for audio in form of the word visual. Visual is defined as of or relating to the sense of sight What could you call the sense of hearing? Also, what do you call …
What is the difference, if any, between 'art', 'the arts', and 'Art'?
Jun 6, 2011 · I would say "the arts" are a set of disciplines (each of which is "an art"), "art" without the article refers to the end result of those disciplines, typically (but not strictly) to the end result …
word choice - What is the difference between "graphic" and …
Graphic is also a noun, as in a visual graphic, whereas graphical is only an adjective. However, there are phrases where graphic is conventionally used, other phrases where graphical is the …
sense verbs - a word like "visual", "auditory", except for touch ...
Dec 6, 2014 · 11 Hah Google Sets was actually useful for something! Results for inputting visual, olfactory, and auditory were: visual olfactory auditory gustatory tactile kinesthetic vestibular …
What is the effect called when one looks at a bright light, and the ...
Jul 5, 2011 · No, visual burn does exist, but is something different. Sometimes called 'navigator's eyeball', it refers to a condition where constantly looking at a bright light, (such as the sun …
Word for a single picture which can be interpreted in two different ...
Jun 13, 2020 · What are pictures that have two visual interpretations called? See the following image: This image shows a skull from one perspective, and when you look at it a different way, …
Single name to cover "drawing", "painting", "sketching" etc
The fine or applied visual arts and associated techniques involving the application of lines and strokes to a two-dimensional surface. The fine or applied visual arts and associated techniques …
Use of 'as per' vs 'per' - English Language & Usage Stack Exchange
I certainly don't prefer per or even as per @kris. The stated examples of use given by the OP are obscure and indistinct statements so weak of meaning that I suspect they are not used by a …
grammaticality - When is it correct to use the "-wise" suffix ...
TheFreeDictionary.com gives this usage note: Usage Note: The suffix -wise has a long history of use to mean "in the manner or direction of," as in clockwise, otherwise, and slantwise. Since …
Adjective for a person who enjoys taking care of their appearance
Jan 31, 2019 · After a brief search over StackExchange I've decided to ask my own question. I'm looking for a word to describe someone who enjoys grooming themselves or taking care of …
Similar term to "visual" for audio? - English Language & Usage …
Dec 17, 2014 · I'm looking for a term for audio in form of the word visual. Visual is defined as of or relating to the sense of sight What could you call the sense of hearing? Also, what do you call …
What is the difference, if any, between 'art', 'the arts', and 'Art'?
Jun 6, 2011 · I would say "the arts" are a set of disciplines (each of which is "an art"), "art" without the article refers to the end result of those disciplines, typically (but not strictly) to the end …
word choice - What is the difference between "graphic" and …
Graphic is also a noun, as in a visual graphic, whereas graphical is only an adjective. However, there are phrases where graphic is conventionally used, other phrases where graphical is the …
sense verbs - a word like "visual", "auditory", except for touch ...
Dec 6, 2014 · 11 Hah Google Sets was actually useful for something! Results for inputting visual, olfactory, and auditory were: visual olfactory auditory gustatory tactile kinesthetic vestibular …
What is the effect called when one looks at a bright light, and the ...
Jul 5, 2011 · No, visual burn does exist, but is something different. Sometimes called 'navigator's eyeball', it refers to a condition where constantly looking at a bright light, (such as the sun …
Word for a single picture which can be interpreted in two different ...
Jun 13, 2020 · What are pictures that have two visual interpretations called? See the following image: This image shows a skull from one perspective, and when you look at it a different way, …
Single name to cover "drawing", "painting", "sketching" etc
The fine or applied visual arts and associated techniques involving the application of lines and strokes to a two-dimensional surface. The fine or applied visual arts and associated …
Use of 'as per' vs 'per' - English Language & Usage Stack Exchange
I certainly don't prefer per or even as per @kris. The stated examples of use given by the OP are obscure and indistinct statements so weak of meaning that I suspect they are not used by a …
grammaticality - When is it correct to use the "-wise" suffix ...
TheFreeDictionary.com gives this usage note: Usage Note: The suffix -wise has a long history of use to mean "in the manner or direction of," as in clockwise, otherwise, and slantwise. Since …
Adjective for a person who enjoys taking care of their appearance
Jan 31, 2019 · After a brief search over StackExchange I've decided to ask my own question. I'm looking for a word to describe someone who enjoys grooming themselves or taking care of …
