000 01765nam a22002297a 4500
008 210901b2020 ||||| |||| 00| 0 eng d
020 _a9780000988645
082 _a332.0151 CHA-W
100 _aChan, Wai-Sum
245 _aFinancial mathematics for actuaries /
_cWai-Sum Chan and Yiu-Kuen Tse
250 _a2nd ed.
260 _aSingapore
_bWorld Scientific Publishing
_c2020
300 _a353 p.
365 _aINR
_b1495.00.
500 _aFinancial 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.
650 _aBusiness mathematics
650 _aFinance--Statistical methods
650 _aInsurance--Statistical methods
650 _aActuarial science
650 _aInsurance--Mathematics
700 _aTse, Yiu-Kuen
999 _c67246
_d67246