An Introduction To Derivatives And Risk Management (Hardcover)

by Don M. Chance (Author)

Editorial Reviews

Product Description
A market leader, this book is ideally designed for either a one- or two-semester course in options and/or futures, derivatives, and/or risk management at the advanced undergraduate or MBA level. Detailed but flexible coverage of options, futures, forwards, swaps, and risk management û as well as a solid introduction to pricing, trading, and strategy - allows instructors to selectively tailor inclusion of topics/chapters to fit the length of the course. --This text refers to an out of print or unavailable edition of this title.

About the Author
DON M. CHANCE, (Ph.D., Louisiana State University; CFA), is the William H. Wright Endowed Chair for Financial Services at Louisiana State University. His research has appeared in leading academic and professional journals, has been presented at seminars, conferences and workshops in the U.S. and many foreign countries, has been supported by the Chicago Board of Trade and the Association for Investment Management and Research, and has appeared as contributed chapters to many books. He has been cited or quoted in The Wall Street Journal, The San Francisco Chronicle, The Financial Times, Barron's, Forbes, Institutional Investor, Pensions and Investments, The New York Times, The St. Louis Post-Dispatch, USA Today, the Montreal Gazette, the Dow Jones, Bloomberg, and Knight-Ridder news wires, and the ABC and CBS on-line news services, and he has appeared on CNBC's The Money Club. He is associate editor of The Journal of Derivatives, The Journal of Alternative Investments and The Financial Review and is the author of An Introduction to Derivatives and Risk Management (6th edition forthcoming, 2003) and Essays in Derivatives. Professor Chance has extensive experience as an instructor in professional development programs, a consultant, and as a speaker before practitioner groups. He was founder of Virginia Tech's student-managed investment portfolio. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Hardcover: 822 pages
• Publisher: Harcourt College Publishers; 5th edition (2001)
• Language: English
• ISBN-10: 0030311470
• ISBN-13: 978-0030311475
• Product Dimensions: 9 x 7.5 x 1.2 inches
• Shipping Weight: 3.2 pounds
• Average Customer Review: 4.4 out of 5 stars See all reviews (7 customer reviews)
• Amazon.com Sales Rank: #1,743,121 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

4.0 out of 5 stars Understanding Option Theories, October 18, 2001

By A Customer

This is a wonderful book to have on your shelf for any finance major looking for an understanding of options, futures, and other types of contracts sold in the OTC and exchange markets. The text is fairly easy to follow and provides good examples to help students understand the theories behind option and future markets.

However, I do not feel that this book is for just anyone. Without some financial background I think that this book can be difficult to follow. It is hard to understand the mathmatics behind the theories presented in the text. The diskette is also somewhat disappointing as an aid for understanding the material. The disk only gives Excel generated financial models that you find in the book such as the Black-Shcoles pricing model.

With a good professor, this is a wonderful aid in constructing a foundation for option investing and pricing. And even giving some of its downfalls I would still recommend buying this book.

4 of 4 people found the following review helpful:

5.0 out of 5 stars A Must Have, August 9, 2003

By	Ravi S. Madapati (Hyderabad, AP India) - See all my reviews

This review is from: An Introduction to Derivatives and Risk Management with Student CD-ROM (CD-ROM)

If you are a student just taken up a course in derivatives or risk management you should have this book. if you find john hull more technical, you have Don Chance who covers options and other derivatives in a greater detail and in more words. everything you want to know about how banks etc have risk mangaement systems in place and market risk instruments is here.

in case you want a greater coverage of options and pricing options, you should definatly take a look at Black Scholes and Beyond by Neil Chriss, a work of art.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Excellent book for concepts, May 9, 2003

By	"debdeep15" (Tuscaloosa, Alabama United States) - See all my reviews

This is an excellent book for non finance majors who would like to grasp the physical concepts behind different derivatives products traded in the OTC markets. The book is ideal for a preperation read for all aspiring to take Financial Engineering / Derivatives as majors in graduate programs.