Frank J. Fabozzi 

The Basics of Financial Econometrics: Tools, Concepts, and Asset Management Applications 

450 

As finance and financial products have become more complex, financial econometrics has emerged as a fast-growing field and necessary foundation for anyone involved in quantitative finance. The techniques of financial econometrics facilitate the development and management of new financial instruments by providing models for pricing and risk assessment. In short, financial econometrics is an indispensable component to modern finance.