Probability for Risk Management

Amazon.com Price: $105.45 (as of 12/05/2019 16:56 PST- Details)

SKU: 1004-WS1101-A01015-156698548X Categories: Books, Business and Money, Insurance, New, Used and Rental Textbooks, Risk Management, Specialty Boutique, Subjects

Description
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Description

This text is listed on the Course of Reading for the Exam P of the Society of Actuaries and the Exam 1 of the Casualty Actuarial Society. This unique text differs from most intermediate probability texts in that it focuses the theory immediately on applications in the general field of financial risk management, including insurance, economics and finance. It’ll be appropriate for a first course in probability for students who have in the past had two semesters of calculus. Past actuarial exam questions are included at the end of each and every chapter. This book will serve as a very good background text for the more advanced probability material included on the Exams MLC and C of the SOA, Exams 3L and 4 of the CAS and the EA-1 Exam of the Joint Board for the Enrollment of Actuaries. It was once designed for several audiences, including students of actuarial science, mathematical economics, finance and risk management. It’ll provide a captivating and appropriate preparation for mathematically gifted students in finance and economics. It isn’t abstract or proof-oriented. Slightly, it shows the student tips on how to use probability theory to solve real-world problems.

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Probability for Risk Management

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