This book constitutes the joint refereed proceedings of the 15th International Workshop on Approximation Algorithms for Combinatorial Optimization Problems, APPROX 2012, and the 16th International Workshop on Randomization and Computation, RANDOM 2012, held in Cambridge, Massachusetts, USA, in August 2011. The volume contains 28 contributed papers, selected by the APPROX Program Committee out of 70 submissions, and 28 contributed papers, selected by the RANDOM Program Committee out of 67 submissions. APPROX focuses on algorithmic and complexity issues surrounding the development of efficient approximate solutions to computationally difficult problems. RANDOM is concerned with applications of randomness to computational and combinatorial problems.

India is witnessing a major change in the way we look at money. Having reached the middle income status as a country, a vast section of the youth is now aspiring for higher financial goals. This large population is breaking away from its parents in almost every way, including financially. But the new generation of Indians entering the workforce demand more knowledge on their investments. They constantly grapple with complicated questions surrounding money: What do they do with their money? How do they plan for their future? Most of the time, they get bad advice. Mutual funds have not really delivered meaningful returns, stock selection is extremely complicated and sophisticated investments like PMSs, AIFs, etc., are only for the wealthy. This book tries to help these young investors by offering them a framework they can use to create wealth in the long run. Using the wisdom and experience of Indian's top personal finance professionals, the book answers critical questions, such as: Should I rent a house or buy a house? Passive investing versus active investing? Stocks versus mutual funds? Debt funds or FDs? And finally - crypto or no crypto?