Introduction to Actuarial and Financial Mathematical Methods

Inbunden, Engelska, 2015

AvStephen Garrett,UK) Garrett, Stephen (Professor of Mathematical Sciences, University of Leicester

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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. For readers with diverse backgrounds entering programs of the Institute and Faculty of Actuaries, the Society of Actuaries, and the CFA Institute, Introduction to Actuarial and Mathematical Methods can provide a consistency of mathematical knowledge from the outset.

Presents a self-study mathematics refresher course for the first two years of an actuarial program
Features examples, motivations, and practice problems from a large number of end-of-chapter questions designed to promote independent thinking and the application of mathematical ideas
Practitioner friendly rather than academic
Ideal for self-study and as a reference source for readers with diverse backgrounds entering programs of the Institute and Faculty of Actuaries, the Society of Actuaries, and the CFA Institute

Produktinformation

Utgivningsdatum2015-04-09
Mått191 x 235 x 36 mm
Vikt1 450 g
FormatInbunden
SpråkEngelska
Antal sidor624
FörlagElsevier Science
ISBN9780128001561

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Finansiering inom Ekonomi och Ledarskap

Prof. Stephen Garrett is Professor of Mathematical Sciences at the University of Leicester in the UK. He is currently Head of Actuarial Science in the Department of Mathematics, and also Head of the Thermofluids Research Group in the Department of Engineering. These two distinct responsibilities reflect his background and achievements in both actuarial science education and fluid mechanics research. Stephen is a Fellow of the Royal Aeronautical Society, the highest grade attainable in the world's foremost aerospace institution.

I: Fundamental Mathematics 1. Mathematical Language2. Exploring Functions3. Differential Calculus4. Differential Calculus II5. Sequences and Series6. Integral Calculus I7. Integral Calculus IIII: Further Calculus8. Complex Numbers9. Introductory Linear Algebra10. Probability Theory11. Implicit Functions and ODEs12. Multivariate Calculus13. Introductory Numerical MethodsIII: Worked Solutions to QuestionsIV: AppendicesA. Mathematical IdentitiesB. Proof of the Chain RuleC. Long Division in Algebra

"This book is an ideal introduction to the mathematical background required for students who wish to embark on an actuarial or financial career. It will be especially useful to students who have not taken a mathematical degree. The extensive examples throughout the book show how the mathematics can be used in practice and enable students to gain a thorough understanding of the material." --John Millett, University of Kent