An Introduction to the Mathematics of Financial Derivatives is a popular intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus Requiring only a basic knowledge of calculus & probability it takes readers on a tour of advanced financial engineering This classic title has been revised by Ali Hirsa who accentuates its well-known strengths while introducing new subjects updating others & bringing new continuity to the whole Popular with readers because it emphasizes intuition & common sense An Introduction to the Mathematics of Financial Derivatives remains the only "introductory" text that can appeal to people outside the mathematics & physics communities as it explains the hows & whys of practical finance problems