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Practical guide to financial and insurance mathematics

8 %

362 Kč 395 Kč

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Popis knihy

The publication presents basic calculation principles in finance and insurance. Particular chapters gradually survey topics which are important in the actual financial and insurance practice. Theoretical description of financial and insurance methods and instruments including corresponding formulas are demonstrated by numerical examples which are typical for the given subjects and highlight actual applications (e.g. Mortgages, credit life insurance and others). The examples are numerically simple so that they can be realized using calculators with mathematical functions without applying any financial software (it predetermines the text as a suitable training material in contrast to computer oriented courses of finance). In addition to solved examples, each chapter contains a section of unsolved examples which enable to exercise the material of each chapter. The publication contains the financial tables useful for a quick evaluation of practical financial problems. Primarily the publication is proposed for university students of various English programs of quantitative economic analysis (QEA) or, particularly, programs of finance and actuarial sciences (or possibly for Czech students preferring ”more international” approach to the finance and insurance with English terminology). The publication may be helpful also for people dealing professionally with problems of quantitative economy (in banks, insurance companies and pension funds, financial institutions, investment planning, treasury, govern-ment bodies and others) or simply are interested in financial or insurance products they meet in practical life.