Financial Mathematics: A Study Guide for Exam FM is more than just a study guide. It is a textbook covering all of the essentials you will need to pass the Society of Actuaries’ Exam
FM. It covers:
- the theory of interest
- annuities and other structured cash flows
- loans and bonds
- financial derivatives, including futures, swaps, and options
- asset-liability management
Financial Mathematics includes 150 problems and solutions, helpful hints and exam tips, and a challenging, realistic practice exam, so that you can be confident that you have
mastered the syllabus.Financial Mathematics will be the foundation of your exam success.
