BLGM's mission is to promote a love of books and reading to all by offering advice and information needed to help our visitors to find their next favorite book.

Best Financial Engineering Books Worth Your Attention

Our list of some of the best Financial Engineering books & series in recent years. Get inspired by one or more of the following books.

1. A Primer For The Mathematics Of Financial Engineering, Second Edition (Financial Engineering Advanced Background Series) (2011)

Best Financial Engineering Books Worth Your Attentionfor “A Primer for the Mathematics of Financial Engineering”, First Edition: “One of the hottest degrees on today’s campus is a Masters in Financial Engineering. Whether you need to retrieve hallowed memories or just want to familiarize yourself with the mathematics underlying this degree, this unique book offers a terrific return on investment.” –Peter Carr, PhD Global Head of Modeling, Morgan Stanley; Director of the Masters Program in Mathematical Finance, Courant Institute, NYU “This is the book I always recommend to people who ask about their mathematics…
Author(s): Dan Stefanica

2. Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series) (2010)

Best Financial Engineering Books Worth Your AttentionAs with the first edition, Mathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, it presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting. From the reviews of the first edition: “This text is an excellent introduction to Mathematical…
Author(s): Marek Capiński, Tomasz Zastawniak

3. A Linear Algebra Primer for Financial Engineering: Covariance Matrices, Eigenvectors, OLS, and more (Financial Engineering Advanced Background Series) (2014)

Best Financial Engineering Books Worth Your AttentionThis book covers linear algebra methods for financial engineering applications from a numerical point of view. The book contains many such applications, as well as pseudocodes, numerical examples, and questions often asked in interviews for quantitative positions. • The Arrow—Debreu one period market model • One period index options arbitrage • Covariance and correlation matrix estimation from time series data • Ordinary least squares for implied volatility computation • Minimum variance portfolios and maximum return portfolios • Value at…
Author(s): Dan Stefanica

4. Practical Methods of Financial Engineering and Risk Management: Tools for Modern Financial Professionals (2014)

Best Financial Engineering Books Worth Your AttentionRisk control, capital allocation, and realistic derivative pricing and hedging are critical concerns for major financial institutions and individual traders alike. Events from the collapse of Lehman Brothers to the Greek sovereign debt crisis demonstrate the urgent and abiding need for statistical tools adequate to measure and anticipate the amplitude of potential swings in the financial markets—from ordinary stock price and interest rate moves, to defaults, to those increasingly frequent “rare events” fashionably called black swan events. Yet many on Wall Street continue to rely on standard models based on…
Author(s): Rupak Chatterjee

5. Solutions Manual – A Primer For The Mathematics Of Financial Engineering, Second Edition (2011)

Best Financial Engineering Books Worth Your Attentionfor “A Primer for the Mathematics of Financial Engineering”, First Edition: “One of the hottest degrees on today’s campus is a Masters in Financial Engineering. Whether you need to retrieve hallowed memories or just want to familiarize yourself with the mathematics underlying this degree, this unique book offers a terrific return on investment.” –Peter Carr, PhD Global Head of Modeling, Morgan Stanley; Director of the Masters Program in Mathematical Finance, Courant Institute, NYU “This is the book I always recommend to people who ask about their mathematics before doing an MFE, and a few people could do with reading…
Author(s): Dan Stefanica

6. Solutions Manual – A Linear Algebra Primer for Financial Engineering (Financial Engineering Advanced Background Series) (Volume 4) (2016)

Best Financial Engineering Books Worth Your AttentionEvery exercise from the book “A Linear Algebra Primer for Financial Engineering“ is solved in detail in the Solutions Manual. The addition of this Solutions Manual offers the reader the opportunity of rigorous self-study of the linear algebra concepts presented in the NLA Primer, and of achieving a deeper understanding of the financial engineering applications therein. • The Arrow—Debreu one period market model • One period index options arbitrage • Covariance and correlation matrix estimation from time series data • Ordinary least squares for implied…
Author(s): Dan Stefanica

7. An Introduction to Quantitative Finance (2013)

Best Financial Engineering Books Worth Your AttentionThe worlds of Wall Street and The City have always held a certain allure, but in recent years have left an indelible mark on the wider public consciousness and there has been a need to become more financially literate. The quantitative nature of complex financial transactions makes them a fascinating subject area for mathematicians of all types, whether for general interest or because of the enormous monetary rewards on offer. An Introduction to Quantitative Finance concerns financial derivatives a derivative being a contract between two entities whose…
Author(s): Stephen Blyth

8. Algorithmic Trading with Interactive Brokers (Python and C++) (2019)

Best Financial Engineering Books Worth Your AttentionThrough Interactive Brokers, software developers can write applications that read financial data, scan for contracts, and submit orders automatically. Individuals can now take advantage of the same high-speed decision making and order placement that professional trading firms use.This book walks through the process of developing applications based on IB’s Trader Workstation (TWS) programming interface. Beginning chapters introduce the fundamental classes and functions, while later chapters show how they can be used to implement full-scale…
Author(s): Matthew Scarpino

9. Quantitative Financial Analytics: The Path To Investment Profits (2017)

Best Financial Engineering Books Worth Your AttentionThis book provides a comprehensive treatment of the important aspects of investment theory, security analysis, and portfolio selection, with a quantitative emphasis not to be found in most other investment texts. The statistical analysis framework of markets and institutions in the book meets the need for advanced undergraduates and graduate students in quantitative disciplines, who wish to apply their craft to the world of investments. In addition, entrepreneurs will find the volume to be especially useful. It also contains a clearly detailed explanation of many recent…
Author(s): Edward E Williams, John A Dobelman

10. Statistics and Data Analysis for Financial Engineering: with R examples (Springer Texts in Statistics) (2016)

Best Financial Engineering Books Worth Your AttentionThe new edition of this influential textbook, geared towards graduate or advanced undergraduate students, teaches the statistics necessary for financial engineering. In doing so, it illustrates concepts using financial markets and economic data, R Labs with real-data exercises, and graphical and analytic methods for modeling and diagnosing modeling errors. These methods are critical because financial engineers now have access to enormous quantities of data. To make use of this data, the powerful methods in this book for working with quantitative information, particularly about volatility and risks, are essential. Strengths of…
Author(s): David Ruppert, David S. Matteson

11. Clinical Engineering Financial Management and Benchmarking: Essential tools to manage finances and remain competitive for clinical engineering/healthcare technology management professionals (2018)

Best Financial Engineering Books Worth Your AttentionThis book provides the fundamental concepts and tools needed by Clinical Engineering (CE), also known as Health Technology Management (HTM), managers to properly manage their financial resources, as well as to prove to their senior leaders that they are comparing (benchmarking) well against their peers. After introducing basic accounting concepts and tools using a case study based on real data, different methods for financing the CE/HTM department are explored. Next, opportunities for improving financial performance are explained through analyses of budget, costs and productivity….
Author(s): Wang ScD, Binseng

12. Financial Engineering: Derivatives and Risk Management (2001)

Best Financial Engineering Books Worth Your AttentionThis text provides a thorough treatment of futures, ‘plain vanilla’ options and swaps as well as the use of exotic derivatives and interest rate options for speculation and hedging. Pricing of options using numerical methods such as lattices (BOPM), Mone Carlo simulation and finite difference methods, in additon to solutions using continuous time mathematics, are also covered. Real options theory and its use in investment appraisal and in valuing internet and biotechnology companies provide cutting edge practical applications. Practical risk management issues are examined in depth. Alternative…
Author(s): Keith Cuthbertson, Dirk Nitzsche

13. Machine Learning For Financial Engineering (2012)

Best Financial Engineering Books Worth Your AttentionThis volume investigates algorithmic methods based on machine learning in order to design sequential investment strategies for financial markets. Such sequential investment strategies use information collected from the market’s past and determine, at the beginning of a trading period, a portfolio; that is, a way to invest the currently available capital among the assets that are available for purchase or investment. The aim is to produce a self-contained text intended for a wide audience, including researchers and graduate students in computer science, finance, statistics, mathematics, and engineering….
Author(s): Laszlo Gyorfi, Gyorgy Ottucsak, et al.

Best Financial Engineering Books Worth Your Attention

We highly recommend you to buy all paper or e-books in a legal way, for example, on Amazon. But sometimes it might be a need to dig deeper beyond the shiny book cover. Before making a purchase, you can visit resources like Genesis and download some financial engineering books mentioned below at your own risk. Once again, we do not host any illegal or copyrighted files, but simply give our visitors a choice and hope they will make a wise decision.

Multivariate Extreme Value Theory and D-Norms

Author(s): Michael Falk
Publisher: Springer International Publishing, Year: 2019, Size: 3 Mb, Download: pdf
ID: 2354312

Many Agent Games in Socio-economic Systems: Corruption, Inspection, Coalition Building, Network Growth, Security

Author(s): Vassili N. Kolokoltsov, Oleg A. Malafeyev
Publisher: Springer International Publishing, Year: 2019, Size: 3 Mb, Download: pdf
ID: 2407313

Financial Software Engineering

Author(s): Kevin Lano, Howard Haughton
Publisher: Springer International Publishing, Year: 2019, Size: 5 Mb, Download: pdf
ID: 2407535

Saddlepoint Approximation Methods in Financial Engineering

Author(s): Yue Kuen Kwok,Wendong Zheng
Publisher: Springer International Publishing, Year: 2018, Size: 2 Mb, Download: pdf
ID: 2204252

Markov Chains

Author(s): Randal Douc, Eric Moulines, Pierre Priouret, Philippe Soulier
Publisher: , Year: 2018, Size: 7 Mb, Download: pdf
ID: 2296646

Introduction to Queueing Networks: Theory ∩ Practice

Author(s): J. MacGregor Smith
Publisher: Springer International Publishing, Year: 2018, Size: 28 Mb, Download: pdf
ID: 2310625

Kronecker Modeling and Analysis of Multidimensional Markovian Systems

Author(s): Tuğrul Dayar
Publisher: Springer International Publishing, Year: 2018, Size: 4 Mb, Download: pdf
ID: 2311715

Markov chains

Author(s): Douc, Randal; Moulines, Eric; Priouret, Pierre; Soulier, Philippe et al.
Publisher: Springer, Year: 2018, Size: 4 Mb, Download: pdf
ID: 2358925

State-Space Approaches for Modelling and Control in Financial Engineering: Systems Theory and Machine Learning Methods

Author(s): Gerasimos G. Rigatos
Publisher: Springer, Year: 2017, Size: 10 Mb, Download: pdf
ID: 1641757

Please note that this booklist is not definite. Some books are truly best-sellers according to Washington Post, others are written by unknown authors. On top of that, you can always find additional tutorials and courses on Coursera, Udemy or edX, for example. Are there any other relevant books you could recommend? Leave a comment if you have any feedback on the list.

Affiliate Disclaimer: We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
Leave a Reply