Derivatives: Principles and Practice

Synopsis of Derivatives: Principles and Practice

Derivatives: Principles and Practice provides a balanced and rigorous approach to the world of financial derivatives. Designed for MBA students and professionals, the book combines a solid theoretical foundation with deep conceptual understanding, moving away from purely mathematical complexity to focus on intuition and the practical application of hedging and pricing models. Throughout its pages, authors Rangarajan K. Sundaram and Sanjiv Ranjan Das explore fundamental topics such as futures, forwards, options, swaps, term-structure modeling, and credit derivatives. With the use of numerical examples and clear explanations, this work becomes an essential tool for those seeking to master the principles governing modern financial markets.