Series: Schaum's Outlines
Paperback: 264 pages
Publisher: McGraw-Hill Education; 2 edition (February 17, 2011)
Language: English
ISBN-10: 0071756051
ISBN-13: 978-0071756051
Product Dimensions: 8.1 x 0.4 x 10.8 inches
Shipping Weight: 11.2 ounces (View shipping rates and policies)
Average Customer Review: 4.1 out of 5 stars See all reviews (15 customer reviews)
Best Sellers Rank: #286,856 in Books (See Top 100 in Books) #89 in Books > Business & Money > Skills > Business Mathematics #1189 in Books > Education & Teaching > Studying & Workbooks > Study Guides #1644 in Books > Business & Money > Finance
As with most of the books from the Schaum's Outline collection, this book comprises the fundamentals so it can be used as a supplement to standard textbooks in class, as a stand-alone study aid, or as a reference for the professional practitioner.My academic background is in Electronics Engineering, so I really didn't take any courses on finances back in College. When my work forced me to gain knowledge in the area of Financial Math I turned to this book as a self study guide. The text is clear, has a lot of worked problems and examples, and it did its job: Gave me the knowledge I needed.No wonder that this is actually the Very best-selling book of the whole Schaum's Outline collection.
The target audience of this book is people who want to know how to estimate annuities, life insuarance premiums etc. If you are sitting the actuarial exam(SOA) 2 this is what you need for the Theory of Interest part. It also covers parts of exam 3. The book is affordable and way better than any other else. The methodology is crystal clear.
I am a manager, and sometimes I listen to financial managers without being deeply involved in their technical language. After reading and practicing this book , I am able to use my skills more proactively working with them.Pasquale D'Ippolito
A very complete treatment of traditional financial mathematics. For example, it cleared up questions I had about mortgage payment divisions into interest and principal parts and the true equation for the effective yield rate given the market yield rate along with the inflation rate.
Gave it 4/5 because kindle version has errors and typos.- 1.20 misaligned problems with wrong results (d and f)- 2.2 b) t3=t1=2d=18 should be t3=t1+2d=18- 4.10 b) j22 is given, whereas the solution is for j2And those just are the problems that I spoted with my mathematically untrained eyes.Overall great content! It's a pity that my university didn't offer a finance course that would focus solely on solving such problemsIf anyone knows other good book on mathematics of finance (with solutions) please let me know! Would highly appreciate!
I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!
Just the right info in the right amount with exercises! Easy to apply and to enter new topics. Great buy and price!
Great book. Just in time to review for the beginning of the new semester.
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