Financial Valuation and Econometrics

Reviews of the First Edition:

“The book provides excellent applications of some econometric techniques to important finance and economic problems. This is a useful text for the MS students in the quantitative finance programmes.”

Andrew H Chen, Distinguished Professor of Finance, Cox School of Business, Southern Methodist University, USA

“This book combines works on empirical and statistical data with concepts and methods in finance. Such a presentation, especially the ‘application chapters’, is refreshing and gives the student of quantitative finance a very good view of how theory and practice come together.”

Chong Chi Tat, University Professor, Department of Mathematics, National University of Singapore

“The book will be very useful for students of finance and financial engineering. The arguments are presented intuitively, then developed with mathematical rigor, and supported with excellent examples and problems — and they cover a wide range of applications in finance.”

Krishna Ramaswamy, Edward Hopkinson, Jr. Professor of Investment Banking, Wharton School, University of Pennsylvania, USA

“A really useful econometrics book written specifically for finance readers. I wish I had a copy years ago.”

Dr Tee Lim, Director, Barr Rosenberg Research Center, USA

“The approach of explaining quantitative theories and methods through examples of their applications is very useful. Beginners will find econometrics a lot easier to pick up using this book, while experienced readers will enjoy taking a tour over the actual case studies to appreciate the power of econometrics.”

Dr Liu Xiaoqing, Senior Vice President, Treasury and Market, DBS Bank

“Professor Kian Guan, a respected scholar in the field of finance, has written two extremely valuable texts on ‘Financial Valuation and Econometrics’ and ‘Probability and Financial Theory’. These texts develop the core ideas of finance in the last 40 years and their applications in an accessible manner without sacrificing rigor. I recommend the texts for scholars teaching financial theory, capital markets, and financial engineering.”

Suresh M Sundaresan, Chase Manhattan Bank Professor of Economics and Finance, Columbia Business School, University of Columbia, USA

Kian Guan Lim is Professor Emeritus at Singapore Management University (SMU). He received his doctorate in financial economics from Stanford University in 1986. He was OUB Chair Professor of Quantitative Finance at SMU. Prior to joining SMU, Kian Guan was Professor at the National University of Singapore and started the Master of Science program in Financial Engineering. He has published works in a diverse number of areas including quantitative finance, risk models, statistical methods, financial markets, empirical finance, numerical methods and real estate finance. He had been a consultant for several banks in risk validation and valuation. He was a reservist captain in the Singapore Armed Forces and had served in administrative positions at SMU and NUS over many years. In 2012 he was awarded a Public Administration Medal (Silver) by the President of the Republic of Singapore. For a detailed CV, please see https://sites.google.com/site/kianguan1.