Anonymous shelf assessment
Introduction to Derivatives and Risk Management
Shelf score 7.5 / 10
On Introduction to Derivatives and Risk Management · Don M. Chance · Robert Brooks · Cengage Learning
Published 4 July 2026
This book provides an introductory overview of derivatives markets and risk management.
Overview
Introduction to Derivatives and Risk Management offers an undergraduate and MBA-level introduction to the derivatives markets, focusing on hedging and risk management strategies. The text combines real business examples with minimal technical mathematics, making it accessible for students and analysts alike.
The book covers a range of topics including options, futures, forwards, swaps, and risk management, providing a balanced introduction to pricing, trading, and strategy. The Tenth Edition includes updated financial information reflecting recent changes in the volatile derivatives market, enhancing its relevance for contemporary readers.
Additionally, the inclusion of 'Taking Risk in Life' features illustrates the practical application of risk management in real-world financial decisions, further enriching the learning experience for students.
By area & interest
Target Audience
This book is oriented toward undergraduate and MBA students, as well as analysts seeking to understand derivatives and risk management.
Content Coverage
It addresses key concepts in derivatives, including options, futures, forwards, and swaps, alongside risk management strategies.
Practical Applications
The text incorporates real business examples to demonstrate the practical use of derivatives in managing financial risks.
Mathematical Approach
The book employs minimal technical mathematics, making complex concepts more accessible to readers.
Basis of this assessment
This assessment is based on catalogue information and Google Books description.
Strengths
The book effectively combines theoretical concepts with practical applications, making it suitable for beginners in the field of derivatives and risk management.
Limitations
The focus on introductory material may limit its depth for advanced readers or professionals seeking in-depth analysis.
Ideal reader
Ideal readers include undergraduate and MBA students, as well as analysts looking for a foundational understanding of derivatives and risk management.