http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
a complete guide to financial innovation
"Here's a comprehensive, industry-independent exploration of financial engineering -- offering you an insightful look inside the revolutionary field that's sweeping the world of corporate, bank, and investment finance." "From reviewing the basic building blocks of financial engineering ... to systematically examining the myriad of processes involved in creating innovative financial instruments -- turn here for the professional advice you need to custom-tailor solutions to your organization's unique risk-management problems." "You'll see it covers the "whys," "whats," "whos" -- and most importantly, the "hows" -- surrounding this emerging discipline, bringing you professional guidance on: identifying risk exposures ... developing new products ... applying equity and equity-related instruments and strategies ... building hybrid securities ... and much more. Book jacket."--BOOK JACKET.
Foreword / John D. Finnerty -- Foreword / J. Michael Payte -- Overview of Financial Engineering -- The Scope of Financial Engineering -- The Tools of Financial Engineering -- Financial Engineering Versus Financial Analysis -- Where Financial Engineering Fits In -- The Financial Engineering Team -- Productizing the Solution -- Career Opportunities For Financial Engineers -- The Plan of the Book -- Factors Contributing to the Growth of Financial Engineering -- The Environmental Factors -- Price Volatility -- Globalization of the Markets -- Tax Asymmetries -- Technological Advances -- Advances in Financial Theory -- Regulatory Change and Increased Competition -- The Cost of Information and the Cost of Transacting -- Intrafirm Factors -- Liquidity Needs -- Risk Aversion -- Agency Costs -- Quantitative Sophistication and Management Training -- Accounting Benefits -- Innovative Products of the Last Twenty Years -- The Changing Face of the Securities Industry -- The Knowledge Base of the Financial Engineer -- Theory -- Mathematical and Statistical Skills -- Modeling Skills -- Product Knowledge -- Knowledge of Relevant Technology -- Accounting, Tax and Legal -- The American Association of Financial Engineers -- The Conceptual Tools of the Financial Engineer -- Valuation Relationships and Applications -- Cash Flows -- Time Value -- Sensitivity Analysis of Time Value -- Applications -- Spreadsheets -- Compounding -- Absolute Valuation Versus Relative Valuation -- Measuring Return -- Utility -- Measuring Return: Profit versus Rates.
Includes bibliographical references and index.
New York : New York Institute of Finance, ©1992