Financial Mathematics For Actuaries Second Edition

Students preparing for examinations in financial mathematics with various professional actuarial bodies will also find this book useful for self-study.In this second edition, the recent additions in the learning objectives of the Society of ...

Financial Mathematics For Actuaries  Second Edition

Financial Mathematics for Actuaries is a textbook for students in actuarial science, quantitative finance, financial engineering and quantitative risk management and is designed for a one-semester undergraduate course.Covering the theories of interest rates, with applications to the evaluation of cash flows, the pricing of fixed income securities and the management of bonds, this textbook also contains numerous examples and exercises and extensive coverage of various Excel functions for financial calculation. Discussions are linked to real financial market data, such as historical term structure, and traded financial securities.The topics discussed in this book are essential for actuarial science students. They are also useful for students in financial markets, investments and quantitative finance. Students preparing for examinations in financial mathematics with various professional actuarial bodies will also find this book useful for self-study.In this second edition, the recent additions in the learning objectives of the Society of Actuaries Exam FM have been covered.

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Financial Mathematics For Actuaries (Second Edition)
Language: en
Pages: 372
Authors: Wai-sum Chan, Yiu-kuen Tse
Categories: Business & Economics
Type: BOOK - Published: 2017-07-28 - Publisher: World Scientific Publishing Company

Financial Mathematics for Actuaries is a textbook for students in actuarial science, quantitative finance, financial engineering and quantitative risk management and is designed for a one-semester undergraduate course.Covering the theories of interest rates, with applications to the evaluation of cash flows, the pricing of fixed income securities and the management
Financial Mathematics For Actuarial Science
Language: en
Pages: 380
Authors: Richard James Wilders
Categories: Business & Economics
Type: BOOK - Published: 2020-01-24 - Publisher: CRC Press

Financial Mathematics for Actuarial Science: The Theory of Interest is concerned with the measurement of interest and the various ways interest affects what is often called the time value of money (TVM). Interest is most simply defined as the compensation that a borrower pays to a lender for the use
Financial Mathematics For Actuaries (Third Edition)
Language: en
Pages: 368
Authors: Wai-sum Chan, Yiu-kuen Tse
Categories: Business & Economics
Type: BOOK - Published: 2021-09-14 - Publisher: World Scientific

This book provides a thorough understanding of the fundamental concepts of financial mathematics essential for the evaluation of any financial product and instrument. Mastering concepts of present and future values of streams of cash flows under different interest rate environments is core for actuaries and financial economists. This book covers
Financial Mathematics for Actuaries
Language: en
Pages: 353
Authors: Wai-Sum Chan, Yiu-Kuen Tse
Categories: Business & Economics
Type: BOOK - Published: 2017-07 - Publisher: World Scientific Publishing Company

Financial Mathematics for Actuaries is a textbook for students in actuarial science, quantitative finance, financial engineering and quantitative risk management and is designed for a one-semester undergraduate course. Covering the theories of interest rates, with applications to the evaluation of cash flows, the pricing of fixed income securities and the
Introduction to Actuarial and Financial Mathematical Methods
Language: en
Pages: 624
Authors: Stephen Garrett
Categories: Business & Economics
Type: BOOK - Published: 2015-05-02 - Publisher: Academic Press

This self-contained module for independent study covers the subjects most often needed by non-mathematics graduates, such as fundamental calculus, linear algebra, probability, and basic numerical methods. The easily-understandable text of Introduction to Actuarial and Mathematical Methods features examples, motivations, and lots of practice from a large number of end-of-chapter questions.