Learning Roadmaps

Recommended reading orders, split into stages, by level (newcomer, practitioner, advanced) and by role (front office, middle office, back office, systems, compliance and legal).

Newcomers in any role start with Newcomer Foundations. Practitioners open the roadmap for their role and use the notes at the top to pick a starting stage. Readers who want to understand valuation models from the inside go on to the advanced roadmap.

• IntroductoryNewcomer FoundationsFor people who have just joined a derivatives business, in any role, and want the overall picture first.6 stages, 32 pages
• PractitionerAdvancedFront OfficeFor salespeople, traders and structurers who want to understand pricing and sensitivities and explain products to clients.5 stages, 42 pages
• PractitionerAdvancedMiddle Office (Risk Management)For people who measure market, credit and liquidity risk and run limits and valuation controls.5 stages, 37 pages
• PractitionerAdvancedBack Office (Settlement, Collateral and Accounting)For people who handle confirmations, settlement, collateral, reporting and accounting.6 stages, 38 pages
• PractitionerAdvancedSystems and ITFor IT departments, system integrators and package vendors who build and run trade management and risk systems.6 stages, 42 pages
• PractitionerAdvancedCompliance and LegalFor compliance and legal staff responsible for contracts, regulatory treatment, customer protection and reporting.5 stages, 42 pages
• PractitionerAdvancedAdvanced: Models and Numerical MethodsFor quants, valuation engine developers and model validators who want to understand models from the inside.6 stages, 33 pages