Financial Mathematics for Actuaries (Third Edition) - Paperback

Financial Mathematics for Actuaries (Third Edition) - Paperback

$81.65
Sale price  $81.65 Regular price 
Skip to product information
Financial Mathematics for Actuaries (Third Edition) - Paperback

Financial Mathematics for Actuaries (Third Edition) - Paperback

$81.65
Sale price  $81.65 Regular price 

by Wai-Sum Chan (Author), Yiu-Kuen Tse (Author)

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.

Number of Pages: 368
Dimensions: 0.76 x 9.61 x 6.69 IN
Publication Date: October 01, 2021

Intentional design

We make things that work better and last longer. Our products solve real problems with clean design.

Quality first

We obsess over the details and strive to deliver the best products at the best prices, every time.

Customer care

We're always on your side: keeping our loyal customers happy is our top priority and number one goal.

Feature 1

Made with care and unconditionally loved by our customers, this signature bestseller exceeds all expectations.

Feature 2

Made with care and unconditionally loved by our customers, this signature bestseller exceeds all expectations.

At the heart of every product lies a unique story, driven by our passion for quality and innovation. Each item enhances your everyday life and sparks joy.