BN.com Gift Guide

Advanced Modelling in Finance Using Excel and VBA / Edition 1

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $10.97
Usually ships in 1-2 business days
(Save 91%)
Other sellers (Hardcover)
  • All (13) from $10.97   
  • New (5) from $67.05   
  • Used (8) from $10.97   

Overview

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.

Read More Show Less

Editorial Reviews

From the Publisher
No. 4 bestseller in 'General Finance' (erivativesreview.com, December 2001)
Booknews
From the material developed for their Computer-Based Financial Modelling graduate course at London Business School, Jackson and Staunton explain the use of the VBA functions within Excel. Their attempt to maximize Excel features with macros turned into a full- scale expedition into the VBA language suitable for highly technical and numerically demanding areas such as the valuation of financial derivatives. They assume no specialized background beyond graduate or advanced graduate training in business. No information is provided about the disk. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Read More Show Less

Product Details

  • ISBN-13: 9780471499220
  • Publisher: Wiley
  • Publication date: 6/28/2001
  • Series: Wiley Finance Series , #254
  • Edition description: BK&CD-ROM
  • Edition number: 1
  • Pages: 276
  • Sales rank: 781,514
  • Product dimensions: 6.95 (w) x 9.80 (h) x 0.99 (d)

Meet the Author

MARY JACKSON and MIKE STAUNTON have worked together teaching spreadsheet modelling to both graduate students and practitioners since 1985.
MARY JACKSON was Assistant Professor of Decision Sciences at London Business School. She is author of three previous books for John Wiley Sons: Understanding Expert Systems (1992), Advanced Spreadsheet Modelling (1988) and Creative Modelling (1985).
MIKE STAUNTON is Visiting Lecturer in Numerical Methods at City University Business School and Director of the London Share Price Datbase at London Business School. He is co-author, with Elroy Dimson and Paul Marsh, of Millennium Book II: 101 Years of Investment Returns (2001) and Millennium Book: A Century of Investment Returns (2000).

Read More Show Less

Table of Contents

Preface.

Acknowledgements.

Introduction.

ADVANCED MODELLING IN EXCEL.

Advanced Excel Functions and Procedures.

Introduction to VBA.

Writing VBA User-Defined Functions.

EQUITIES.

Introduction to Equities.

Portfolio Optimisation.

Asset Pricing.

Performance Measurement and Attribution.

OPTIONS ON EQUITIES.

Introduction to Options on Equities.

Binomial Trees.

The Black—Scholes Formula.

Other Numerical Methods for European Options.

Non-Normal Distributions and Implied Volatility.

OPTIONS ON BONDS.

Introduction to Valuing Options on Bonds.

Interest Rate Models.

Matching the Term Structure.

Appendix: Other VBA Functions.

Index.

Read More Show Less

Customer Reviews

Average Rating 5
( 2 )
Rating Distribution

5 Star

(2)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing all of 2 Customer Reviews
  • Anonymous

    Posted February 16, 2004

    A really good buch

    The Authors have a good job of balancing Finance related stuff and programming. I am a Visual Basic programmer with interest in finance. I always wondered how to apply the excel formulaes in an application or macros. I learnt it from the examples given in this book. I mean I have some data to play with and learn. I should say that the Visual Basic code is not very complicated..but certainly very useful. And if you are new to programming, having another VBA book for reference might be helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted July 25, 2001

    Superb

    A fantstic book on Excel modelling for Equities, Equity Options, and Bond Options that fills the lack of books on this topic nicely. It¿s probably best to compare it to Beninga¿s ¿Financial Modelling¿. It differs in many ways though. It¿s more compact (250 pages instead of 600), with less detailed explanations, leaves Corporate Finance completely out, and covers fewer topics but to a more advanced step. The book deserves definitely ¿advanced¿, since the equity section was developed for an MBA elective at London Business School. The parts on options and bonds compromise a course for the MSc in Mathematical Trading & Finance at City University Business School. Standard material covered: porfolio theory and efficient frontiers / the CAPM, beta and covariance matrices / performance measurement / the Black & Scholes formula / binomial trees for equity and bond options / Monte Carlo simulation / bond yield-to-maturity, duration and convexity / term structure models from Vasicek and Cox, Ingersoll and Ross. Advanced topics: value at risk / style analysis / an improved binomial tree (Leisen&Refmer) / quasi Monte Carlo simulation / volatility smiles / Black, Derman & Toy trees / normal interest rate trees.

    Was this review helpful? Yes  No   Report this review
Sort by: Showing all of 2 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)