This book evolved from the first ten years of the Carnegie Mellon
professional Master's program in Computational Finance. The contents of
the book have been used successfully with students whose mathematics
background consists of calculus and calculus-based probability. The
author does not assume familiarity with advanced mathematical concepts
from measure-theoretic probability, but rather develops the necessary
tools from this subject informally within the text. Many
classroom-tested examples, exercises, and intuitive arguments are
presented throughout the book.