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Recently after working on QAOA with finance and graph coloring problems. I have started exploring the QAOA from scratch. I would like to understand the QAOA derivation mathematically and have started from here. But have no idea how to go further, could you please share any textbooks or references, which can guide me further.

Martin Vesely
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Recently after working on QAOA with finance and graph coloring problems

Please have a look here, p.g. 20, for "user-friendly" explanation of QAOA. Disclaimer: I am author of the paper. The paper explores application of quantum algorithms in portfolio management, so it is probably connected with an area of your interest.

But have no idea how to go further, could you please share any textbooks or references, which can guide me further.

Here is a link to original paper by Farhi, Goldstone and Gutmann, where the QAOA has been firstly proposed.

In this paper, p.g. 41, you can find short description of QAOA with a description how it works on a particular example.

An finally some related discussion on this site here.

Martin Vesely
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