Introduction to Actuarial and Financial Mathematical Methods

This "fundamental mathematics" text provides a complete course of self-study for students of actuarial science and financial mathematics

Stephen Garrett (Author)

9780128001561, Elsevier Science

Hardback, published 9 April 2015

624 pages
23.4 x 19 x 3.4 cm, 1.45 kg

"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

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.

I: Fundamental Mathematics

1. Mathematical Language

Subject Areas: Applied mathematics [PBW], Business mathematics & systems [KJQ]