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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.
Contents: Preface; 1. Introduction; 2. Valuation of Financial Transactions; 3. Demography; 4. Actuarial Practice; 5. Valuation of Contingent Payments; References; Index
- Sales Rank: #2668967 in Books
- Published on: 2011-08-30
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 6.25" w x .75" l, 1.15 pounds
- Binding: Hardcover
- 256 pages
Review
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
About the Author
M.E. Atkinson, Travelling Light, Victoria, Australia and D.C.M. Dickson, Professor of Actuarial Studies, University of Melbourne, Australia
Most helpful customer reviews
0 of 0 people found the following review helpful.
Falls short of expectations
By Fabby
Short on details and fundamentals. Even as an overview (which is its intent) it doesn't really reach that aim - providing only a cursory 'coverage'. This book was supposed to have been written as part of the Introductory course into Actuarial Studies at The University of Melbourne (Economics Dept) - it falls short in providing students with a sound grounding in the basics. Given its cost, it was a disappointment. However, a nice aspect of the book is the fact that it provided solutions.
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