"There is no book on the market to compare with Dr Jaeckel’s. All the techniques, the tricks, the pitfalls of this important methodology are covered in detail and with great insight. This is no book on abstract theory, Dr Jaeckel is a practitioner who has implemented every single one of these ideas. He has done all the hard work, so you don’t have to.” Paul Wilmott

“Few expert practitioners also have the academic expertise to match Peter Jaeckel’s in this area, let alone take the trouble to write a most accessible, comprehensive and yet self contained text. This book is a delight to read and contains a wealth of information that is essential for anyone involved with implementing Monte Carlo methods in finance.” Professor Carol Alexander, ISMA Centre, University of Reading, UK

”This book is a very welcome addition to the growing literature on applied quantitative methods in finance. Dr Jaeckel has done the field a service in combining both a thorough review of ’standard’ material with techniques that were learned on the job as a quant at top financial institutions. Michael Curran, Quantin’ Leap