An Introduction to the Mathematics of Finance: A Deterministic Approach

Love it Helps a lot for my college studies, also some formulas are not quite clear on Kindle version, still good stuff.

By updating the original edition with more emphasis on derivative pricing, this book has become an up-to-date first class textbook on this topic." --P.M.  It  should prove to be a  valuable resource for current students taking the CT1 exam." --John Millett, University of Kent "This book contains a set of subjects that will be very close to most actuaries' hearts, being a text book aimed at covering the CT1 syllabus.  As an update to McCutcheon and Scott's 1989 An Introduction to the Mathematics of Finance, it offers some very clear explanations of the fundamental building blocks of actuarial work, such as

With a wealth of solved problems and interesting applications, An Introduction to the Mathematics of Finance stands alone inits ability to address the needs of its primary target audience, the actuarial student.Closely follows the syllabus for the CT1 exam of The Institute and Faculty of ActuariesFeatures new content and more examplesIncludes past exam questions from The Institute and Faculty of Actuaries and the CFA Institute. An Introduction to the Mathematics of Finance: A Deterministic Approach, 2e, offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the McCutcheon-Scott classic follows the core subjects covered by the first professional exam required of UK actuaries, the CT1 exam. It realigns the table of contents with the CT1 exam and includes sample questions from past exams of both The Actuarial Profession and the CFA Institute

Stephen Garrett is Professor of Mathematical Sciences at the University of Leicester in the UK. . These two distinct responsibilities reflect his background and achievements in both actuarial science education and fluid mechanics research. He is currently Head of Actuarial Science in the Department of Mathematics, and a