Quantitative Finance for Physicists provides a short, straightforward introduction for those who already have a background in physics. Find out how fractals, scaling, chaos, and other physics concepts are useful in analyzing financial time series. Learn about key topics in quantitative finance such as option pricing, portfolio management, and risk measurement. This book provides the basic knowledge in finance required to enable readers with physics backgrounds to move successfully into the financial industry.
Short, self-contained book for physicists to master basic concepts and quantitative methods of finance
Growing field-many physicists are moving into finance positions because of the high-level math required
Draws on the author's own experience as a physicist who moved into a financial analyst position
2. Financial Markets
3. Probability Distributions
4. Stochastic Processes
5. Time Series Analysis
7. Nonlinear dynamic systems
8. Scaling in Financial Times Series
9. Option Pricing
10. Portfolio Management
11. Market Risk Measurement
12. Agent-based modelling of financial markets
Answers to Exercises
Dr. Anatoly.B. Schmidt holds M.S. and Ph.D. in Physics from Latvian . University, Riga. For more than 10 years, Dr. Schmidt was the lead . modeling scientist at the Latvian Center for Biological, Medical, and . Ecological Research. In the 90s, he was engaged for several years in . development of computational chemistry software and in its applications . to life sciences. His research interests include modeling "of . anything", from biological processes to financial markets. His major . fields of expertise are the statistical physics, in particular, the . theory of fluids, (poly)electrolytes and plasmas, the solvation theory . and its applications in biology, and, most recently, quantitative . finance. Dr. Schmidt is the author of the book "Statistical . thermodynamics of classical plasmas" (Energoatomizdat, Moscow, 1991), . and more than 40 publications in biophysics, statistical and chemical . physics, and econophysics. Dr. A.B. Schmidt has been a financial data . analyst since 1997.