Hi, (this is my first post... be gentle)I've just started reading about quantitative finance. I have no economics/finance/business background, except for occasional perusing through my brother's economics textbooks, and my girlfriend's CFA material. I've gone through most of Hull's book, and half of Wilmott's Introducing Finance book, which led me to these forums. I am looking for suggested reading material to continue my learning. I think I'd like to learn more about interest rate models, and options pricing. I'd also like to learn about risk management, since it seems to be in vogue.Thanks for any suggestions.

What's your maths/physics/computing background?

I'm a physics PhD candidate. I did a math/phys undergrad, and do mainly computational physics for my thesis work. I'd like to believe that I'm strong in math, physics and computing.(Aside: I've decided that post-docing the next chunk of my life away, working on something only me and five others care about, is not for me [and my girlfrend], so I'm trying to see if a finance-related job would interest me).

necessary reading: "the concepts and practice of mathematical finance" by mark joshi.for interest rate models, I'd suggest the online notes from the Columbia course here. then check out "interest rate modles" by cairns, followed by "efficient methods for valuing interest rate derivatives" by pelsser. interest rate books tend to go from too basic to too advanced; the notes for the Columbia class helped fill the gap for me.for risk, i have no idea.

hammerbacher: Thank you for the suggestions. I am looking for a copy of joshi. I'll see if the library has the other books you mention.

i forgot to mention damir filipovic's online notes here.

For interest rates i would add Brigo, Mercurio - "Interest Rate Models: Theory and Practice", wich is probably one of the best books about models implementation, but i think you should read it after some of the other suggested titles

http://www.quantlib.org/books.shtml

QuoteOriginally posted by: ametranohttp://www.quantlib.org/books.shtmlNando,When is the next update of this list?DD

Since quantlib has shown up in this thread...I downloaded and compiled quantlib, and am thinking of using some of the most basic features ofit, but is this really a useful way for me to proceed? I'd like to get a job in the financial industrysometime within the next year, and with my thesis work, time is limited. Would I be better offtrying to implement some of these algorithms my self? Do empoloyers look at sample code fortheir hiring processes?Thanks