Financial Mathematics for Actuaries

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  • Financial Mathematics for Actuaries

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    內容簡介

    【Overview】

      This is an introductory textbook on the mathematics of interest rates for actuarial science students. It is written at a level of rigor that is required for students majoring in actuarial science and prepares them for further analysis of financial instruments. It emphasizes an intuitive treatment of the mathematics of finance and insurance, with special attention to applications.

      Each chapter contains many examples illustrating the applications of mathematical analysis to financial products and personal financial management.

      The authors use the financial functions in Excel as the computational tool in this book, which are illustrated through numerous examples.

    【Target Audience】

      ◎Students taking a one-semester course on the mathematics of interest rates in an actuarial science program

      ◎Students preparing for professional exams of various professional actuarial institutions

      ◎Students in actuarial science, quantitative finance, financial engineering and quantitative risk management

    作者簡介

      Wai-Sum Chan,The Chinese University of Hong Kong

      Yiu-Kuen Tse,Singapore Management University


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