An Introduction to Actuarial Studies, Second Edition

An Introduction to Actuarial Studies, Second Edition

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An Introduction to Actuarial Studies provides a contemporary guide to actuarial technique and practice.

This substantially revised and extended new edition includes:
* New and thoroughly updated material
* Many more exercises with solutions to allow the reader to establish confidence in using actuarial techniques.

It covers a broad range of topics representing the basic areas of actuarial science including compound interest calculations, demographic theory and techniques, and the pricing and operation of simple life assurance contracts. Numerous worked examples illustrate the principles and techniques described in the text.

The text assumes no prior knowledge of actuarial work but requires mathematical knowledge at first year university level and an ability for problem solving. It is designed both for those beginning a career in actuarial work, as well as those interested in learning about basic actuarial tools and the main areas of actuarial practice.
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Product details

  • Hardback | 256 pages
  • 156 x 234 x 19.05mm | 521.63g
  • Cheltenham, United Kingdom
  • English
  • Revised
  • 2nd Revised edition
  • 0857935410
  • 9780857935410
  • 107,534

Table of contents

Contents: Preface 1. Introduction 2. Valuation of Financial Transactions 3. Demography 4. Actuarial Practice 5. Valuation of Contingent Payments References Index
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Review quote

Acclaim for the first edition: -- `The book is very easily readable; the pedagogical expertise of the authors comes through in simple, clear and intuitive explanations of actuarial concepts that most students find difficult.' - British Actuarial Journal
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About D. C. M. Dickson

M.E. Atkinson, Travelling Light, Victoria, Australia and D.C.M. Dickson, Professor of Actuarial Studies, University of Melbourne, Australia
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