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Introduction to the Mathematics of Finance (Step-By-Step) [Hardcover]

J J McCutcheon , W F Scott
4.3 out of 5 stars  See all reviews (7 customer reviews)
Price: £43.99 & FREE Delivery in the UK. Details
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An Introduction to the Mathematics of Finance: A Deterministic Approach An Introduction to the Mathematics of Finance: A Deterministic Approach 5.0 out of 5 stars (10)
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Book Description

21 Jan 1989 Step-By-Step
There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.

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Introduction to the Mathematics of Finance (Step-By-Step) + International Finance 5th Edition + Introductory Econometrics for Finance
Price For All Three: £131.28

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Product details

  • Hardcover: 480 pages
  • Publisher: Butterworth-Heinemann (21 Jan 1989)
  • Language: English
  • ISBN-10: 0750600926
  • ISBN-13: 978-0750600927
  • Product Dimensions: 23.4 x 15.6 x 2.7 cm
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Bestsellers Rank: 479,349 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Customer Reviews

4.3 out of 5 stars
4.3 out of 5 stars
Most Helpful Customer Reviews
8 of 8 people found the following review helpful
Don't let the glossy modern looking cover fool you as it did me. This book reads like the lecture notes of an eccentric professor which have been bound together and packaged with a modern cover to attract buyers. The presentation is awful, no colour and no variation - more or less all the text is the same font and size - page after page. When I bought this book, many of my fellow actuarial students bought it also, as it was on recommended reading lists. It is supposed to give a clear grounding in fundamentals for the first few actuarial exams (mainly CT1 for the UK exams), but in my view it certainly will not make things clear. It's style is that of textbooks written over 20 years ago with a low priority given to explaining the subject material clearly. Overpriced - you would be better off just buying ACTED notes for CT1 if you are looking to use it for actuarial exams, even though these are more expensive they are a better investment in my view.
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4.0 out of 5 stars Acceptable, I guess... 19 Mar 2014
By Asheq
Format:Hardcover|Verified Purchase
as good a book you can get if you're studying a Maths subject and have to do actuarial modules, this book certainly can't be made the only source of information for your financial maths studies but then again, one should be expected to make use of multiple sources when studying or dealing with anything requiring fair amount of intellect. My classmates at differing points over the course of a few months bought this book at differing prices as we all opted for the used versions. All our books were in fantastic condition so I'd advise buying used unless you're a money wasting sl?g.
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5.0 out of 5 stars Introduction to the Mathematics of Finance 22 May 2013
Format:Hardcover|Verified Purchase
My son who study in London School of Economy asked me to buy this book. He passed his exam, so I think it must be OK
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Format:Hardcover|Verified Purchase
Thanks v. much, This looks like a really useful, easy to understand book. Just what the Uni ordered. Thanks again.
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