Advanced modelling in finance using Excel and VBA / Mary Jackson.

Advanced modelling in Excel — Advanced Excel functions and procedures — Introduction to VBA — Writing VBA user-defined functions — Equities — Introduction to equities — Portfolio optimisation — Asset pricing — Performance measurement and attribution — Options on equities — Introduction to options on equities — Binomial trees — The black — Scholes formula — Other numerical methods for European options — Non-normal distributions and implied volatility — Options on bonds — Introduction to valuing options on bonds — Interest rate models — Matching the term structure — Appendix: other VBA functions — Index.

This book will appeal to both graduate students and practitioners. Students will value the Excel spreadsheets allowing them to develop their knowledge of modelling in finance, using a step-by-step approach accompanied by explanations using elementary mathematical statistics and probability. Practitioners will value the VBA functions as a source of up-to-date and efficient programs that can be easily used from Excel. Standard material covered includes: portfolio theory and efficient frontiers the Capital Asset Pricing Model, beta and variance-covariance matrices performance measurement the Black-Scholes option pricing formula binomial trees for options on equities and bonds Monte Carlo simulation bond yield-to-maturity, duration and convexity term structure models from Vasicek and Cox, Ingersoll and Ross Advanced topics covered include: Value-at-Risk style analysis an improved binomial tree (Leisen and Reimer) Quasi Monte Carlo simulation volatility smiles Black, Derman and Toy trees normal interest rate trees The book is accompanied by a CD-ROM containing the spreadsheets, VBA functions and macros used throughout the work.

M1CO Audit and Controlling: Advanced Corporate Finance | MSc Sustainable Financial Management and Control with Data Analytics