Actuarial Science
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Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuaries are professionals who are qualified in this field through education and experience. In the United States, Canada, the United Kingdom, and several other countries, actuaries must demonstrate their qualifications by passing a series of professional examinations. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes during the last 30 years due to the proliferation of high speed computers and the synergy of stochastic actuarial models with modern financial theory (Frees 1990). Many universities have undergraduate and graduate degree programs in actuarial science. In 2002, a Wall Street Journal survey on the best jobs in the United States listed "actuary" as the second best job (Lee 2002). From Wikipedia under the
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Q. Is actuarial science an applied form of mathematics, or a theoretical form of mathematics? Asked by physhelp@ymail.com - Tue Feb 10 17:00:39 2009 - Mathematics - 2 Answers - Comments A. Much of the statistical methods derive from highly theoretical fields, but actuarial science itself is definitely applied math. Answered by spoon737 - Tue Feb 10 17:07:20 2009 From Yahoo Answer Search: "actuarial science" |
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Actuarial Science: An Elementary Manual
Store: Buy.com Price: $24.45 USD • Compare Prices ► Condition: new This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide. General Books Llc Actuarial Science An Elementary Manual
Store: bargainbookstores- Price: $14.05 USD • Compare Prices ► Condition: new General Books Llc Actuarial Science An Elementary Manual : This is an OCR edition without illustrations or index. It may have numerous typos or missing text. However, purchasers can download a free scanned copy of the original rare book from General Books Club.com. You can also preview excerpts from the book there. Purchasers are also entitled to a free trial membership in the General Books Club where they can select from more than a million books without charge. Original Published by: Glasgow, J. Smith From Google Product Search: "actuarial science" |

