Financial Engineering

It is the aim of this book to train and educate financial experts, investment bankers, traders, financial advisors and natural scientists who are active in financial engineering. Financial engineering is a necessary skill in many sectors of financial industry. Knowledge of financial engineering improves career opportunities for financial experts and opens doors to new and highly interesting employment opportunities. The book comes with numerous Excel and VBA models and can be used as the basis for a training course.

“Financial Engineering” is a valuable resource of information for all participants in the financial markets. It is the standard textbook for the program Certified Financial Engineer (CFE) by the EIFD in cooperation with Deutsche Börse Group. What distinguishes this book from other textbooks is the ease of reading complimented by pronounced technical insights into otherwise complex financial products. It contains lots of very accessible and useful information and is a must read for all market participants, who are aiming to understand the concepts behind derivatives and their applications in increasingly structured products.
Hermann-Josef Lamberti, Mitglied des Vorstands Deutsche Bank AG

Financial Engineering is one of the most interesting and challenging fields in finance. Experts in the field need a thorough education. The institutes aims are excellent. I wish you every success.
John C. Hull
Professor für Derivate und Risikomanagement an der Rotman School of Management der University of Toronto

Table of Contents

Module I – Fundamentals
Module II – Listed options & futures
Module III – Structured derivatives
Module IV – Application of derivatives