Autorentext

Arif Ahmed is a Chartered Accountant in the UK (ICAEW) and India (ICAI). He is also a Management accountant from UK (CIMA) and CGMA (AICPA-CIMA, USA). He holds an MBA and a doctorate in finance.

Klappentext

With its groundbreaking approach to financial management under dynamic conditions, this book equips readers with a new perspective on financial systems, moving beyond classical models to embrace the inherent uncertainties of markets.

Since they assume a static environment, many traditional financial models fall short of capturing market dynamics, leading to poor outcomes. This book draws parallels between quantum mechanics and financial management to explain the erratic behavior of the world of finance. It uses quantum concepts including uncertainty, superposition, and entanglement that have been nurtured over time by renowned physicists. But rather than a deep dive into quantum mechanics or computations, it presents simple principles and recent case studies to illustrate them. The book's fresh analogies and illuminating thought experiments explain complex financial phenomena and guide readers to the flexible, dynamic mindset required for modern-day financial decision-making.

This book is a must-read for finance professionals, corporate leaders, investors, and policymakers looking to navigate the unpredictability of modern financial world.

Inhalt

Preface. Acknowledgements. How To Use This Book. Chapter 1: Introduction. Chapter 2: The quantum paradox in finance. Chapter 3: Transitory states of wealth. Chapter 4: The measurement effect: how observations impact decisions. Chapter 5: Dynamic decision-making in a changing financial landscape. Chapter 6: Entanglement: the interconnectedness of financial markets. Chapter 7: Risk, uncertainty, and the fallacy of long-term stability. Chapter 8: Financial superposition: holding multiple perspectives. Chapter 9: The collapse of certainty: financial black swan events. Chapter 10: Quantum decision-making for investors. Chapter 11: Quantum corporate finance. Chapter 12: Behavioural quantum finance. Chapter 13: Policy and quantum financial governance. Chapter 14: Quantum finance for personal wealth management. Chapter 15: The future of quantum finance.