A comprehensive guide to financial engineering that stressesreal-world applicationsFinancial engineering expert Charles S. Tapiero has his fingeron the pulse of shifts coming to financial engineering and itsapplications. With an eye toward the future, he has crafted acomprehensive and accessible book for practitioners and students ofFinancial Engineering that emphasizes an intuitive approach tofinancial and quantitative foundations in financial and riskengineering. The book covers the theory from a practitionerperspective and applies it to a variety of real-world problems.* Examines the cornerstone of the explosive growth in marketsworldwide* Presents important financial engineering techniques to price,hedge, and manage risks in general* Author heads the largest financial engineering program in theworldAuthor Charles Tapiero wrote the seminal work Risk and FinancialManagement.