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	<title>Banks in Canada &#187; Mathematics</title>
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	<description>Canadian banking, credit cards, loans, savings, investments and retirement in Canada</description>
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		<title>Mathematics for Finance: An Introduction to Financial Engineering</title>
		<link>http://www.banks.ca/banks/mathematics-for-finance-an-introduction-to-financial-engineering/</link>
		<comments>http://www.banks.ca/banks/mathematics-for-finance-an-introduction-to-financial-engineering/#comments</comments>
		<pubDate>Sun, 26 May 2013 02:28:02 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Engineering]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Introduction]]></category>
		<category><![CDATA[Mathematics]]></category>

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		<description><![CDATA[As with the first edition, Mathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, it presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting. From the reviews of the first edition: "This text is an excellent introduction to Mathematical Finance. Armed with a knowledge of basic calculus and probability a student can use this book to learn about derivatives, interest rates and their term structure and portfolio management."(Zentralblatt MATH) "Given these basic tools, it is surprising how high a level of sophistication the authors achieve, covering such topics as arbitrage-free valuation, binomial trees, and risk-neutral valuation." (www.riskbook.com) "The reviewer can only congratulate the authors with successful completion of a difficult task of writing a useful textbook on a traditionally hard topic." (K. Borovkov, The Australian Mathematical Society Gazette, Vol. 31 (4), 2004)]]></description>
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		<title>Solutions Manual for Actuarial Mathematics for Life Contingent Risks</title>
		<link>http://www.banks.ca/insurance/solutions-manual-for-actuarial-mathematics-for-life-contingent-risks/</link>
		<comments>http://www.banks.ca/insurance/solutions-manual-for-actuarial-mathematics-for-life-contingent-risks/#comments</comments>
		<pubDate>Sat, 25 May 2013 09:51:42 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Actuarial]]></category>
		<category><![CDATA[Contingent]]></category>
		<category><![CDATA[Life:]]></category>
		<category><![CDATA[Manual]]></category>
		<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Risks]]></category>
		<category><![CDATA[Solutions]]></category>

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		<title>Schaum&#8217;s Outline of  Mathematics of Finance</title>
		<link>http://www.banks.ca/insurance/schaums-outline-of-mathematics-of-finance/</link>
		<comments>http://www.banks.ca/insurance/schaums-outline-of-mathematics-of-finance/#comments</comments>
		<pubDate>Tue, 07 May 2013 19:37:04 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Outline]]></category>
		<category><![CDATA[Schaum's]]></category>

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		<title>Actuarial Mathematics for Life Contingent Risks</title>
		<link>http://www.banks.ca/insurance/actuarial-mathematics-for-life-contingent-risks/</link>
		<comments>http://www.banks.ca/insurance/actuarial-mathematics-for-life-contingent-risks/#comments</comments>
		<pubDate>Tue, 30 Apr 2013 07:56:12 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Actuarial]]></category>
		<category><![CDATA[Contingent]]></category>
		<category><![CDATA[Life:]]></category>
		<category><![CDATA[Mathematics]]></category>
		<category><![CDATA[Risks]]></category>

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		<description><![CDATA[Selected as official reading for SOA Exam MLC in 2012: download free supplementary notes from the Resources tab below.<br /></br>How can actuaries equip themselves for the products and risk structures of the future? Using the powerful framework of multiple state models, three leaders in actuarial science give a modern perspective on life contingencies, and develop and demonstrate a theory that can be adapted to changing products and technologies. The book begins traditionally, covering actuarial models and theory, and emphasizing practical applications using computational techniques. The authors then develop a more contemporary outlook, introducing multiple state models, emerging cash flows and embedded options. Using spreadsheet-style software, the book presents large-scale, realistic examples. Over 150 exercises and solutions teach skills in simulation and projection through computational practice. Balancing rigor with intuition, and emphasizing applications, this text is ideal for university courses, but also for individuals preparing for professional actuarial exams and qualified actuaries wishing to freshen up their skills.]]></description>
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