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Financial Mathematics For Actuaries (Third Edition)

Name: Financial Mathematics For Actuaries (Third Edition)
Brand: World Scientific Publishing Co Pte Ltd
SKU: 37040737
Price: 49.29 EUR
Availability: InStock
Author: Yiu-Kuen Tse
ISBN: 9789811245671

Yiu-Kuen Tse

Language

English

Book Paperback

Libristo code: 37040737

Publishers World Scientific Publishing Co Pte Ltd, October 2021

This book provides a thorough understanding of the fundamental concepts of financial mathematics ess... Full description

Libristo code: 37040737

120 b

49.29 €

96.40 лв

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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 the body of knowledge required by the Society of Actuaries (SOA) for its Financial Mathematics (FM) Exam.

The third edition includes major changes such as an addition of an "R Laboratory" section in each chapter, except for Chapter 9. These sections provide R codes to do various computations, which will facilitate students to apply conceptual knowledge. Additionally, key definitions have been revised and the theme structure has been altered.

Students studying undergraduate courses on financial mathematics for actuaries will find this book useful. This book offers numerous examples and exercises, some of which are adapted from previous SOA FM Exams. It is also useful for students preparing for the actuarial professional exams through self-study.