Hoboken, N.J. (PRWEB) August 25, 2014
First Title to Focus on Financial Engineering and Risk Management
Stevens Institute of Technology, a private research university located in Hoboken, New Jersey, and Springer/Apress, global publishers of high-quality STM content for technology professionals and researchers in academia, announced the creation of an innovative series of books focused on the fast-growing field of quantitative finance.
Springer/Apress and Stevens jointly plan to sign five titles to the book series in 2014 -- the first of which is Practical Methods of Financial Engineering and Risk Management, written by Rupak Chatterjee, Ph.D., and published simultaneously with the series announcement.
Dr. Chatterjee is an Industry Professor and Deputy Director of the Financial Engineering Division at Stevens and former director of the multi-asset quantitative research group at Citigroup in New York.
Forthcoming titles in the Stevens-Springer/Apress series will include topics such as derivatives pricing, hedge fund modeling, market microstructure, portfolio theory and securities law. Planned titles will also include financial applications of optimization models, high-performance computing, big data migration, data visualization and algorithmic trading strategies.
The series is designed to fill the widening gap between traditional textbooks and the real-world skills required to make an impact in today's rapidly evolving finance industry.
"This series provides state-of-the-art methods and analysis for undergraduate and graduate programs in quantitative finance and financial engineering. The series brings aspects of finance, statistics, data science and computational methods as they apply in the quantification of financial markets and instruments," said Professor Khaldoun Khashanah, director of Financial Engineering Division at Stevens, and Science and Research Series Editor.
"Apress/Springer is delighted to announce its partnership with Stevens to develop a co-branded series of publications. This series is designed to leverage Apress/Springer's state-of-the-art publishing services and unparalleled access to academic and professional communities throughout the world to disseminate the cutting-edge content and thought leadership being generated by Stevens' exciting and uniquely innovative programs in quantitative finance and other disciplines aligned with Stevens' educational mission in the financial arena," said Dr. Heinz Weinheimer, executive vice president of Business and Economics, Computer Science, Mathematics, Human Sciences, and Springer Science+Business Media; and publisher of Apress.
Stevens' quantitative finance curriculum is designed to prepare students for immediate entry-level employment at Wall Street firms and investment banks, while its graduate financial engineering program is designed to address market demands for analytical and computational skills in the financial industry, including financial risk management and regulation, portfolio optimization, algorithmic trading, and financial software engineering. The program offers a Ph.D. in financial engineering.
Modeled after the curricula of Stevens' dual programs in quantitative finance and financial engineering, the Stevens-Springer/Apress series will mirror both programs, which are taught by both Wall Street practitioners and outstanding academicians using simulated trading-floor labs to train the school's growing student populations on campus and online.
All books in the new Series will be available in both hard copy and electronic versions, distributed through all major retail channels, including Amazon, iTunes, and Barnes & Noble, as well as via SpringerLink® (Springer's industry-leading electronic distribution channel to academic and industry customers worldwide), Books24x7, and Safari.
About Stevens Institute of Technology
Stevens Institute of Technology, The Innovation University®, is a premier, private research university situated in Hoboken, New Jersey overlooking the Manhattan skyline. Founded in 1870, technological innovation has been the hallmark and legacy of Stevens' education and research programs for more than 140 years. Within the university's three schools and one college, more than 6,300 undergraduate and graduate students collaborate with more than 350 faculty members in an interdisciplinary, student-centric, entrepreneurial environment to advance the frontiers of science and leverage technology to confront global challenges. Stevens is home to four national research centers of excellence, as well as joint research programs focused on critical industries such as healthcare, energy, finance, defense, maritime security, STEM education and coastal sustainability. The university is consistently ranked among the nation's elite for return on investment for students, career services programs and mid-career salaries of alumni. Stevens is in the midst of a 10-year strategic plan, The Future. Ours to Create., designed to further extend the Stevens legacy to create a forward-looking and far-reaching institution with global impact.
About Apress Media LLC: With more than 1,500 books in print and e-formats, Apress is the authoritative source for IT professionals, software developers and business leaders all over the world. Apress provides high-quality, no-fluff content that helps serious technology professionals build a comprehensive pathway to career success. Since 2007, Apress has been part of Springer Science+Business Media, one of the world's leading scientific, technical and medical publishing houses, enabling global distribution of Apress publications. For more information, please visit http://www.apress.com.
Springer Science+Business Media (http://www.springer.com) is a leading global scientific, technical and medical publisher, providing researchers in academia, scientific institutions and corporate R&D departments with quality content via innovative information products and services. Springer is also a trusted local-language publisher in Europe – especially in Germany and the Netherlands – primarily for physicians and professionals working in healthcare and road safety education. Springer published roughly 2,200 English-language journals and more than 8,400 new books in 2013, and the group is home to the world's largest STM eBook collection, as well as the most comprehensive portfolio of open access journals. In 2013, Springer Science+Business Media generated sales of approximately EUR 943 million. The group employs more than 7,000 individuals across the globe.
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