Customer Reviews:
Showing reviews 1-5 of 11
 So-So October 15, 2009
Derek (NYC)
This seems to be the book chosen by most instructors so there must be some reason for assigning it. I am familiar with the material from reading corporate finance texts. This text, however, is not written well and is actually confusing. So one struggles to understand what the author is actually saying. Hope it gets better.
 A valuable reference with clear explanations June 10, 2009
Michael J. Ligas
This is a great book. Not only was it very useful in my derivatives class, it also was useful for other finance subjects. I often found its explanations helpful for completing assignments in fixed income and international finance courses. McDonald's clear explanations and explicit examples set this book apart from others.
Better than John C. Hull October 12, 2008
Kunal Kunde (New York NY)
1 out of 2 found this review helpful
Very easy to understand. IMO, it is the only book that is at par with, if not better than, John C. Hull's "Options, Futures And Other Derivatives."
Strongly recommended for everyone with even an oblique interest in the study of derivatives.
If Shreve and Karatzas is/are too dense, read this instead.
With all due respect, this book should inspire the Broadies and Dermans of the world to write such textbooks themselves, and the Sundaresans and Glassermans of the world to (also) cater to less scholarly minds (such as the undersigned).
-Kunal Kunde
What a good one! September 6, 2008
Humayun Riyasat (Boston,MA USA)
I got this book few months back, though little pricy but someone recommended it. I found it to be a wonderful blend of the economics and mathematics of derivatives pricing. After reading the book, i was comfortable with :
understanding of derivatives pricing models &
derivatives markets
I strongly recommend people giving their FRM, CFA and / or SOA certifications to get their hands on this book.
You would like it. A good reference book. Only issue is it is little too heavy, hence you cannot lie down and read it for a long time ;-)
Book is good; Price is not December 15, 2007
L. Wang (Corvallis, OR)
7 out of 8 found this review helpful
I was recommended this text book by the study material I was using to prepare the acturial exam FM. Then I came to check this book here and I found out that the price here is way too much higher. With this price, you can buy both the text book and its solution mannual in Actex Mad River with free UPS shipping. Hope this will help.
Showing reviews 1-5 of 11
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