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Books > Academic & Education > UNISA > Business Management

Sociology, Work and Organisation - Seventh Edition (Paperback, 3rd Edition): Tony Watson Sociology, Work and Organisation - Seventh Edition (Paperback, 3rd Edition)
Tony Watson 1
R535 Discovery Miles 5 350 Ships in 4 - 6 working days

The seventh edition of Sociology, Work and Organisation is outstandingly effective in explaining how we can use the sociological imagination to understand the nature of institutions of work, organisations, occupations, management and employment and how they are changing in the twenty-first century.

Intellectual and accessible, it is unrivalled in the breadth of its coverage and its authoritative overview of both traditional and emergent themes in the sociological study of work and organisation. The direction and implications of trends in technological change are fully considered and the book recognises the extent to which these trends are intimately related to changing patterns of inequality in modern societies and to the changing experiences of individuals and families.

Key features of the text are:

  • clear structure;
  • ‘key issue’ guides and summaries with each chapter;
  • identification of key concepts throughout the book;
  • unrivalled glossary and concept guide;
  • rich illustrative snapshots or ‘mini cases’ throughout the book.

This text engages with cutting-edge debates and makes conceptual innovations without any sacrifice to clarity or accessibility of style. It will appeal to a wide audience, including undergraduates, postgraduates and academics working or studying in the area of work and the organisation of work, as well as practitioners working in the area of human resources and management generally.

Food and Beverage Management (Paperback, 3rd Edition): Bernard Davis, Andrew Lockwood, Peter Alcott, Ioannis S Pantelidis Food and Beverage Management (Paperback, 3rd Edition)
Bernard Davis, Andrew Lockwood, Peter Alcott, Ioannis S Pantelidis
R1,320 R1,239 Discovery Miles 12 390 Save R81 (6%) Ships with 15 working days

This introductory textbook provides a thorough guide to the management of food and beverage outlets, from their day-to-day running through to the wider concerns of the hospitality industry. It explores the broad range of subject areas that encompass the food and beverage market and its main sectors – fast food and casual dining, hotels and quality restaurants and event, industrial and welfare catering. It also looks at some of the important trends affecting the food and beverage industry, covering consumers, the environment and ethical concerns as well as developments in technology.

New to this edition:

New chapter: Classifying food and drink service operations.

New international case studies throughout covering the latest industry developments within a wide range of businesses.

Enhanced coverage of financial aspects, including forecasting and menu pricing with respective examples of costings.

New coverage of contemporary trends, including events management, use of technology, use of social media in marketing, customer management and environmental concerns, such as sourcing, sustainability and waste management.

Updated companion website, including new case studies, PowerPoint slides, multiple choice questions, revision notes, true or false questions, short answer questions and new video and web links per chapter.

It is illustrated in full colour and contains in-chapter activities as well as end-of-chapter summaries and revision questions to test the readers' knowledge as they progress. Written by a team of authors with many years of industry practice and teaching experience, this book is the ideal guide to the subject for hospitality students and industry practitioners alike.

Table of Contents

Chapter 1: Introducing food and beverage management

Chapter 2: Classifying food and drink service operations

Chapter 3: Restaurants and events – the direct market

Chapter 4: Contract foodservice, travel and public sector catering - the indirect market

Chapter 5: Developing the concept

Chapter 6: The Menu

Chapter 7: Purchasing and storage

Chapter 8 Production and Service

Chapter 9: Controlling the Operation

Chapter 10: Staffing Issues

Chapter 11 Food and beverage marketing

Chapter 12: Managing quality in food and drink service operations

Chapter 13 Trends and Developments

Foodservice Management: Principles and Practices, Global Edition (Paperback, 13th edition): June Payne-Palacio, Monica Theis Foodservice Management: Principles and Practices, Global Edition (Paperback, 13th edition)
June Payne-Palacio, Monica Theis
R1,568 Discovery Miles 15 680 Ships in 4 - 6 working days

For courses in foodservice management or administration; hospitality management; quantity food production and/or purchasing; foodservice accounting/financial management; menu planning; foodservice marketing/merchandising, or related topics.

Authored by leading industry experts with years of teaching experience, the Thirteenth Edition of Foodservice Management: Principles and Practices offers a comprehensive, current, and practical overview of foodservice operations and business principles. Covering topics like food safety, human resources, finance, equipment, design, marketing, and filled with real-life case studies, this text gives college students a deep understanding of the issues they will face in any type of foodservice operation. Rich with graphics and photos, its visually appealing design is organized for maximum student engagement and understanding.

This edition has been updated to reflect new trends in sustainability and food safety issues.

Budgeting Concepts for Nurse Managers (Paperback, 4th edition): Steven A. Finkler, Mary McHugh Budgeting Concepts for Nurse Managers (Paperback, 4th edition)
Steven A. Finkler, Mary McHugh
R2,157 Discovery Miles 21 570 Ships in 4 - 6 working days

An in-depth guide to preparing accurate nursing budgets, this book will help you improve your financial skills and contribute to your organization's strategic planning. It discusses the different types of budgeting, the budgeting process, forecasting, variance analysis, and costing out nursing services. A variety of settings are included: hospitals, long-term care, home health, community health, managed care, and others. With this guide, you'll learn how to communicate effectively with financial managers, succeed in your role in the budgeting process, and assist in the delivery of high-quality patient care at the lowest possible cost. Each chapter includes Learning Objectives to focus your study and a Summary and Implications for Nurse Managers to reinforce what you've learned. Additional Suggested Readings provides helpful resources for further research and study. An appendix includes numerous sample budget forms and instructions, allowing you to see firsthand the various types of budgeting forms used in day-to-day practice. New "Budgeting for Information Systems" chapter describes how to budget for information technology (IT), what kind of personnel you should consider hiring to support the nursing IT function, and how to evaluate IT products. New "Budgeting for the Operating Room" chapter covers key stakeholders in the budget development process, developing the prioritization process, and specialized aspects of the operating room budget. A discussion of magnet hospitals has been added, including the cost implications of applying for "magnet" status. Coverage now includes different delivery care models and their potential budgetary impact to a health care organization, along with Clinical Ladders and the budgetary implications of nurses "testing-up" the ladder. Budgeting for clinics and same-day surgery facilities is described. Updated and expanded content discusses budget variance analysis and interpretation of budget reports that differ from the planned budget. Includes the budget implications of outsourcing, and how to determine whether outsourcing is cost-effective for a particular service.

Statistics, Data Analysis, and Decision Modeling - International Edition (Paperback, 5th edition): James Evans Statistics, Data Analysis, and Decision Modeling - International Edition (Paperback, 5th edition)
James Evans
R1,336 Discovery Miles 13 360 Ships in 4 - 6 working days

For undergraduate and graduate level courses that combines introductory statistics with data analysis or decision modeling. A pragmatic approach to statistics, data analysis and decision modeling. Statistics, Data Analysis & Decision Modeling focuses on the practical understanding of its topics, allowing readers to develop conceptual insight on fundamental techniques and theories. Evans' dedication to present material in a simple and straightforward fashion is ideal for student comprehension.

Managing Safety in the Office Environment (Paperback): Managing Safety in the Office Environment (Paperback)
R243 Discovery Miles 2 430 Ships in 4 - 6 working days
The Basics Of Occupational Safety - A Guide For Safety Management (Paperback, 1st): The Basics Of Occupational Safety - A Guide For Safety Management (Paperback, 1st)
R741 Discovery Miles 7 410 Ships in 4 - 6 working days
High-Impact Consulting - How Clients And Consultants Can Work Together To Achieve Extraordinary Results (Hardcover, Completely... High-Impact Consulting - How Clients And Consultants Can Work Together To Achieve Extraordinary Results (Hardcover, Completely Revised and Updated)
Robert H. Schaffer
R569 Discovery Miles 5 690 Ships in 4 - 6 working days

Even though corporate clients continue to spend millions of dollars on consultant-based solutions, the success rate of these high-priced remedies is far from what it should be. No matter how wise and creative the input of a consultant, says Robert H. Schaffer, it will pay off only if the client does what is necessary to benefit from the advice. But often there's a big "implementation gap" between what client's must do to make a project succeed and what they are actually able and willing to do.
In this new and revised edition of the landmark book "High-Impact Consulting," Robert H. Schaffer reveals how senior managers unwittingly collude with their consultants to perpetuate the great waste inherent in "the five fatal flaws of conventional consulting." Drawing on his own work with companies-- Motorola, Rio Tinto, IBM, General Reinsurance Corporation, The World Bank, and other successful organizations-- Schaffer offers a field-tested approach to working with consultants that has proven to get results. He identifies the key elements of an effective project design?particularly that project objectives are defined in terms of client results rather than just consultant deliverables. The process enables clients to be certain that the work is carried out in ways that ensure success.
The author explains the importance of accomplishing results quickly and then using these "rapid-cycle wins" as vehicles for sharpening management skills, strengthening work disciplines, and introducing new technology. In addition he tells managers and consultants how they can build on these early successes and tackle larger accomplishments and organization wide improvements.
This thoroughly updatededition features valuable new insights and illustrative cases. It also includes a wealth of practical new tools that make the book a user-friendly, quick reference for both client managers and their consultants.

Making Hard Decisions with DecisionTools (Hardcover, 3rd edition): Terence Reilly, Robert Clemen Making Hard Decisions with DecisionTools (Hardcover, 3rd edition)
Terence Reilly, Robert Clemen
R1,410 R1,309 Discovery Miles 13 090 Save R101 (7%) Ships in 10 - 15 working days

MAKING HARD DECISIONS WITH DECISIONTOOLS (R) is a new edition of Bob Clemen's best-selling title, MAKING HARD DECISIONS. This straightforward book teaches the fundamental ideas of decision analysis, without an overly technical explanation of the mathematics used in decision analysis. This new version incorporates and implements the powerful DecisionTools (R) software by Palisade Corporation, the world's leading toolkit for risk and decision analysis. At the end of each chapter, topics are illustrated with step-by-step instructions for DecisionTools (R). This new version makes the text more useful and relevant to students in business and engineering.

Best Practice in Inventory Management (Paperback, 2nd New edition): Tony Wild Best Practice in Inventory Management (Paperback, 2nd New edition)
Tony Wild
R488 Discovery Miles 4 880 Ships in 4 - 6 working days

Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice.
The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations.
The text is based on best theory and practice, which has been gradually developed by the inventory management profession over the years. It covers the inventory control aspects included in the courses for the DPIM, COM, DLM, CPIM and other professional and academic qualifications.
Readers develop their understanding of stock control by seeing the techniques explained logically and learn how inventory structuring, individual item control, forecasting and co-ordination provide the base for logistics management. This new edition has been up-dated throughout and the final chapter, The Future - Inventory and Logistics, has been re-written to reflect the developing applications of technology and changes in focus.
Explains how inventory management techniques achieve low stocks and improved customer serviceActs as a practical manual for making improvements in stock control and for saving moneyCovers the syllabi of the DPIM, COM, DLM and other professional and academic qualifications

Global Business Management (Paperback): Rafiu Adewale Aregbeshola Global Business Management (Paperback)
Rafiu Adewale Aregbeshola 2
R435 Discovery Miles 4 350 Ships in 4 - 6 working days

If anything is new in the business world it is a heightened level of uncertainty, and this is a global phenomenon. Political disruptions, civil unrest, natural disasters and slowing economies in the developed and developing world have made the financial markets increasingly volatile, challenging multinational corporations in offshore locations and global business operations in general.

The blend of theory and practical knowledge, and the comparison of historical accounts with current realities, make this book indispensable for active and aspiring investors in the global business environment, as well as the academic community. The book is particularly relevant for BA students at exit level, and could be useful for Honours and Master’s students of international business, and MBA and MBL students who seek insight into the contemporary operating environments of global business.

Focus on operational management - A generic approach (Paperback, 3rd ed): A. de Beer, D. Rossouw Focus on operational management - A generic approach (Paperback, 3rd ed)
A. de Beer, D. Rossouw 2
R424 Discovery Miles 4 240 Ships in 4 - 6 working days

Focus on operational management: A generic approach gives a general overview of management principles and the general management activities needed by the operational and first-time manager in the workplace today. These principles are important for the sustainability of an organisation. The following topics are discussed: The new workplace environment; The changing role of the operational and first-time manager; Operational planning, operational decision-making and problem-solving, organising operational resources, operational control, and leadership; Employment relations in the workplace; Organisational culture, diversity management, business ethics, corporate social responsibility, organisational politics and change management in the workplace.

Supply Chain Management: Strategy, Planning, and Operation, Global Edition (Paperback, 6th edition): Sunil Chopra, Peter Meindl Supply Chain Management: Strategy, Planning, and Operation, Global Edition (Paperback, 6th edition)
Sunil Chopra, Peter Meindl
R661 Discovery Miles 6 610 Ships in 4 - 6 working days

For MBA or senior level undergraduate supply chain management courses. A Strategic Framework for Understanding Supply Chain Management Borne from a course on supply chain management taught at Northwestern University's Kellogg School of Management, Supply Chain Management introduces high-level strategy and concepts while giving students the practical tools necessary to solve supply chain problems. The Sixth Edition weaves in compelling case study examples, providing students with clear insight into how good supply chain management offers a competitive advantage. On the flip side, students also learn the dangers of poor supply chain management, and how it can damage an organization's overall health and performance. Using a strategic framework, students are guided through all of the key drivers of supply chain performance, including facilities, inventory, transportation, information, sourcing, and pricing. By the end of the course, students will walk away with a deep understanding of supply chains and a firm grasp on the practical managerial levers to pull in order to improve supply chain performance.

Business Management - A Contemporary Approach (Paperback, 2nd ed): Jessica Nel, Andreas de Beer Business Management - A Contemporary Approach (Paperback, 2nd ed)
Jessica Nel, Andreas de Beer
R346 Discovery Miles 3 460 Ships in 4 - 6 working days

No business exists in a vacuum - it is impacted on by a constantly evolving world which presents new challenges and opportunities every day. To cope with these dynamic challenges and opportunities, a business should be proactive and adaptive - not just at an operational level, but at a functional and strategic level as well. Business management: a contemporary approach focuses specifically on the functions of the organisation and how to respond to changes in the micro-, market-, and macro-environment. The book orientates the reader with an introduction into the field of business management, followed by general management principles applicable to any business manager. The book goes on to cover the various functions of the organisation: financial management; credit management; information management; public relations; operations management; marketing management; human resource management; and, lastly, purchasing management in supply chain management.

Managing People - A Practical Guide for Front-line Managers (Paperback, 3rd Edition): Andrew Thomson, Rosemary Thomson, Eileen ... Managing People - A Practical Guide for Front-line Managers (Paperback, 3rd Edition)
Andrew Thomson, Rosemary Thomson, Eileen Arney
R1,994 Discovery Miles 19 940 Ships in 10 - 15 working days

This updated and exciting fourth edition of Managing People: A Practical Guide for Front-Line Managers addresses the growing needs of front-line managers who are not themselves specialists in personnel management but whose roles require them to have these skills. A growing trend over the last two decades has given these managers an increasing amount of responsibility of direct line management, which can be extremely challenging especially if the correct training is not given.

This book examines how the different parts of managing people fit together, whilst acknowledging that different contexts require different approaches and recognizing ongoing organizational, environmental and legal changes that affect the employment framework. It recognizes the rapidly changing context in which modern front-line managers have to operate and acknowledges the increasing expectations of good leadership as a necessity. However, the book also emphasizes the need for front-line managers to understand themselves, their own management styles and attitudes, together with the importance of empathy in appreciating the perspectives of the staff that work under them.

Managing People: A Practical Guide for Front-Line Managers is designed for both new managers and for NVQ/SVQ Level 4 students. It is also appropriate for the first stages of Foundation Degrees and for HND courses combining academic study with workplace learning.

Table of Contents

1.Managing people in the twenty-first century 2.Managing yourself 3.The recruitment cycle 4.Getting the best out of people 5.Learning and development 6.Leading teams and groups 7.Performance Management 8.Managing Challenging Situations 9.The Regulation of Behaviour at Work 10.Operating in a World of Change

Practising Education, Training and Development in South African Organisations (Paperback, 2nd): M. Coetzee, J. Botha, J. Kiley,... Practising Education, Training and Development in South African Organisations (Paperback, 2nd)
M. Coetzee, J. Botha, J. Kiley, K. Truman, M.C. Tshilongamulenzhe 2
R609 Discovery Miles 6 090 Ships in 4 - 6 working days

This second edition addresses the evolving skills development landscape, which has profound implications for training and development in the workplace.

It offers a sound theoretical and practical framework for both experienced professionals and those new to the outcomes-based, occupation-directed and work-based approach to workplace learning design.

Companies And Other Business Structures In South Africa (Paperback, 3rd Revised Edition): Dennis Davis, Walter Geach, Tshepo... Companies And Other Business Structures In South Africa (Paperback, 3rd Revised Edition)
Dennis Davis, Walter Geach, Tshepo Mongalo, David Butler, Lindi Coetzee, …
R665 Discovery Miles 6 650 Ships in 4 - 6 working days

Companies and other business structures in South Africa, third edition, offers a clear and practical introduction to the law relating to companies, close corporations, business trusts, partnerships and financial markets. The third edition is comprehensively revised and updated to offer deeper explanation and analysis, and to address the recent developments in the field: The text discusses recent cases in which the Companies act 71 of 2008 has been applied, analysing the insights and common law developments which arise from these cases; an entirely new chapter on corporate finance addresses the subject matter in a multifaceted way, bringing together legal, accounting and management accounting perspectives; the text now provides a new chapter which addresses the winding up and deregistration of companies; following the repeal of the Securities services act 36 of 2004, the text offers comprehensive guidance relating to the recently promulgated Financial markets act 19 of 2012, and discusses the impact of this new legislation within the context of insider trading and financial markets. The text offers a clear pedagogical structure, which includes a comprehensive glossary of terms. This framework supports learning and develops independent, critical and reflective engagement with the subject matter. An expanded test bank and PowerPoint slide presentation complement the text, and are available to lecturers to support teaching. Companies and other business structures in South Africa is eminently suitable as a core text for students who are studying company law as a module of the BCom, BCompt, BAcc (Accounting) programmes, or of the LLB degree. It may also be a useful resource for post-graduate students, and for legal practitioners wishing to clarify new or foundational principles of the field. Companies and other business structures in South Africa complies with the competency framework for commercial law as indicated in the SAICA education requirements for part 1 of the qualifying examination.

Price Management (Paperback): R. Machado Price Management (Paperback)
R. Machado
R463 Discovery Miles 4 630 Ships in 4 - 6 working days

As the general public has become more aware of pricing and the pricing actions of organisations in recent years, the focus on pricing as a marketing decision area has intensified. Price management introduces the fundamental principles of pricing in a clear, accessible manner. The approach is that pricing is a long-term decision that must be made in a thorough and systematic way. Businesses should adopt a proactive approach to pricing in order for them to achieve their marketing and organisational goals.

Creating a Winning E-Business (Paperback, 2nd edition): H. Albert Napier, Stuart Wagner, Ollie Rivers Creating a Winning E-Business (Paperback, 2nd edition)
H. Albert Napier, Stuart Wagner, Ollie Rivers
R546 Discovery Miles 5 460 Ships in 4 - 6 working days

Creating a Winning E-Business, Second Edition illustrates the processes involved with planning, starting, and marketing a new e-business in today's environment. Four types of cases are used in this practical, entrepreneurial guide to provide a real-world approach, including a book-long running case study complimented by chapter specific real-world case studies that open and close each chapter. Additionally, case studies that feature both successful and unsuccessful ventures are found throughout the book enabling students to learn from the actions of others. A new chapter on Affiliation programs (such as Amazon.com's Associates program) is featured and all chapters are updated to reflect industry changes since the publication of the first edition.

Focus on Operational Management - A Generic Approach (Paperback, 2nd edition): Andreas de Beer, Dirk Rossouw Focus on Operational Management - A Generic Approach (Paperback, 2nd edition)
Andreas de Beer, Dirk Rossouw 1
R250 Discovery Miles 2 500 Ships in 4 - 6 working days

This new second edition of Focus on Operational Management discusses first-line managers and supervisors' management principles from a general management perspective. Focus on operational management 2nd edition acknowledges that all levels of management must be part of strategic management, but that responsibilities differ at various levels of management. Top management is responsible for all the management functions of an organisation, while senior/middle management is responsible for implementing top management's strategic goals and strategies. First-line managers and supervisors (operational managers) must implement senior/middle management's tactical objectives and strategies. To achieve these goals, first-line managers and supervisors need to manage operational goals and objectives.

Basic Financial Management (Paperback): W.M. Conradie, C.M.W. Fourie Basic Financial Management (Paperback)
W.M. Conradie, C.M.W. Fourie
R402 Discovery Miles 4 020 Ships in 4 - 6 working days

Finance is the life-blood of an enterprise and sound financial management is critical to the ongoing health and vitality of an enterprise - even the best companies can go out of business because of poor financial management. In Basic Financial Management the authors address the major elements and principles of sound financial management in an easily understandable and practical way, from basic accounting and financial statements to business statistics. The book opens with an introduction to financial management for marketing managers. The examination and analysis of basic accounting and financial statements that follow, use exercises and practical examples to reinforce the various financial concepts. The authors then investigate the capital requirements of an enterprise and discuss various ways of financing these requirements. Diagrams and graphs explain the important concept of financial break-even analysis. The book also considers different types of business budgets and shows how to manage credit and stock/inventory. It concludes with a detailed discussion on the increasingly important subject of business statistics.

Managing for Healthy Labour Relations - A Practical Guide for Health Services in Southern Africa (Paperback, 2nd Revised... Managing for Healthy Labour Relations - A Practical Guide for Health Services in Southern Africa (Paperback, 2nd Revised edition)
C.J. Garbers, S. Potgieter; Edited by M.C. Bezuidenhout 2
R399 Discovery Miles 3 990 Ships in 4 - 6 working days

This standard work provides a practical guide for health services managers who deal with personnel and who wish to create a working environment that facilitates bilateral cooperation and avoids industrial action as far as possible. It sets out current legislation that affects both employers and employees, and informs them of their rights and obligations in very clear terms, supplemented by ample practical examples and specimen documentation.

Accounting For Managers - Interpreting Accounting Information for Decision Making 5e (Paperback, 5th Edition): PM Collier Accounting For Managers - Interpreting Accounting Information for Decision Making 5e (Paperback, 5th Edition)
PM Collier
R1,622 Discovery Miles 16 220 Ships in 9 - 17 working days

This revised and updated fifth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers. Emphasizing the interpretation rather than the construction of accounting information, Accounting for Managers encourages a critical, rather than an unthinking acceptance of accounting techniques. Whilst immensely valuable for planning, decision-making and control, users of accounting information need to recognize the assumptions behind, and the limitations of particular accounting techniques. As in the previous editions, the book links theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.

Quality Assurance For Textiles And Apparel (Hardcover, 2nd edition): Sara J Kadolph Quality Assurance For Textiles And Apparel (Hardcover, 2nd edition)
Sara J Kadolph 2
R1,925 R1,770 Discovery Miles 17 700 Save R155 (8%) Ships with 15 working days

Textile quality assurance is the process of designing, producing, and evaluating products to determine whether or not they meet the quality level desired by a company's target market." Quality Assurance for Textiles and Apparel, "2nd Edition, reflects the industry's best practices for providing products of a consistent quality that meet customers' needs. With updated information on technological advances and globalization, this 2nd Edition emphasizes the importance of incorporating product quality measures from the merchandising and design stages all the way through production, delivery, and retailing.

Introduction to Mathematical Finance - Discrete Time Models (Hardcover): Stanley R. Pliska Introduction to Mathematical Finance - Discrete Time Models (Hardcover)
Stanley R. Pliska
R1,066 Discovery Miles 10 660 Ships in 4 - 6 working days

This book is designed to serve as a textbook for advanced undergraduate and beginning graduate students who seek a rigorous yet accessible introduction to the modern financial theory of security markets. This is a subject that is taught in both business schools and mathematical science departments. The full theory of security markets requires knowledge of continuous time stochastic process models, measure theory, mathematical economics, and similar prerequisites which are generally not learned before the advanced graduate level. Hence a proper study of the full theory of security markets requires several years of graduate study. However, by restricting attention to discrete time models of security prices it is possible to acquire mathematics. In particular, while living in a discrete time world it is possible to learn virtually all of the important financial concepts. The purpose of this book is to provide such an introductory study.

There is still a lot of mathematics in this book. The reader should be comfortable with calculus, linear algebra, and probability theory that is based on calculus, (but not necessarily measure theory). Random variables and expected values will be playing important roles. The book will develop important notions concerning discrete time stochastic processes; prior knowledge here will be useful but is not required. Presumably the reader will be interested in finance and thus will come with some rudimentary knowledge of stocks, bonds, options, and financial decision making. The last topic involves utility theory, of course; hopefully the reader will be familiar with this and related topics of introductory microeconomic theory. Some exposure to linearprogramming would be advantageous, but not necessary.

The aim of this book is to provide a rigorous treatment of the financial theory while maintaining a casual style. Readers seeking institutional knowledge about securities, derivatives, and portfolio management should look elsewhere, but those seeking a careful introduction to financial engineering will find that this is a useful and comprehensive introduction to the subject.

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