Further suggested reading for the Core technical (CT) subjects
The following lists of further reading are provided for each of the Core technical subjects. The exams for each subject will be based on the relevant syllabus and core reading, and the ActEd course material will be the main source of tuition for students. However, if you want clarification on some points or want to read further then you may find it useful to consult the texts suggested to get a different viewpoint. If you find other books which you find particularly helpful for your studies can they please pass details of them to Georgina Warren.
Subject CT1 - Financial mathematics
Actuarial mathematics. Bowers, N. L.; Gerber, H. U.; Hickman, J. C. et al. 2nd ed. Society of Actuaries, 1997. 753 pages. ISBN: 9780938959465 (Borrow from libraries)
An introduction to the mathematics of finance. McCutcheon, J. J.; Scott, W. F. Heinemann, 1986. 463 pages. ISBN: 9780434912285 (Buy from eShop | Borrow from libraries)
Life insurance mathematics. Gerber, H. U. 3rd ed. Springer; Swiss Association of Actuaries, 1997. 217 pages. ISBN: 9783540622420 (Buy from eShop | Borrow from libraries)
Mathematics of compound interest. Butcher, M. V.; Nesbitt, C. J. Ulrich's Books, 1971. 324 pages. ISBN: 9780960300013 (Borrow from libraries)
Theory of financial decision making. Ingersoll, J. E. Rowman & Littlefield, 1987. 474 pages. ISBN: 9780847673599 (Borrow from libraries)
The theory of interest. Kellison, S. G. 3nd ed. Irwin, 2008. 463 pages. ISBN: 9780073382449 (Borrow from libraries)
Subject CT2 - Finance and financial reporting
Fundamentals of financial management (concise edition). Brigham, E. F.; Houston, J. F. 6th ed. South-Western, 2008. 564 pages. ISBN: 9780324664553
How to understand the financial pages. Davidson, A. 2nd ed. Kogan Page, 2008. 369 pages. ISBN: 9780749451448
Interpreting company reports and accounts. Holmes, G.; Sugden, A.; Gee, P. 10th ed. FT Prentice Hall, 2008. ISBN: 9780273711414 (Borrow from libraries)
Principles of corporate finance. Brealey, R. A.; Myers, S. C.; Allen, F. 9th ed. McGraw-Hill, 2008. ISBN: 9780071266758 (Buy from eShop | Borrow from libraries)
Subject CT3 - Probability and mathematical statistics
John E. Freund's Mathematical statistics with applications. Miller, I.; Miller, M.; [Freund, J. E.] 7th ed. Prentice Hall International, 2004. 614 pages. ISBN: 9780131246461 (Buy from eShop | Borrow from libraries)
Subject CT4 - Models
Analysing survival data from clinical trials and observational studies. Marubini, E.; Valsecchi, M. G. John Wiley, 2004. 424 pages. ISBN: 9780470093412 (Borrow from libraries)
Basic stochastic processes. A course through exercises. Brzezniak, Z.; Zastawniak, T. Springer, 1998. 225 pages. ISBN: 9783540761754 (Buy from eShop | Borrow from libraries)
Fundamentals of actuarial mathematics. Promislow, D. John Wiley, 2006. 392 pages. ISBN 9780470016893 (Borrow from libraries)
Introduction to actuarial modeling. Hickman, J. C. North American Actuarial Journal (1997) 1(3): 1-5
Mortality studies. Scott, W. F. Department of Mathematical Sciences, University of Aberdeen, 2000. 147 pages. (Buy from eShop | Borrow from libraries)
Probability and random processes. Grimmett, G.; Stirzaker, D. 3rd ed. Oxford University Press, 2001. 596 pages. ISBN: 9780198572220 (Borrow from libraries)
Stochastic processes: an introduction. Jones, P; Smith, P. Arnold, 2001. 272 pages. ISBN 9780340806548 (Borrow from libraries)
Survival models and data analysis. Elandt-Johnson, R. C.; Johnson, N. L. John Wiley, 1999. 457 pages. ISBN: 9780471349921 (Borrow from libraries)
Subject CT5 - Contingencies
Actuarial mathematics. Bowers, N. L.; Gerber, H. U.; Hickman, J. C. et al. 2nd ed. Society of Actuaries, 1997. 753 pages. ISBN: 9780938959465 (Borrow from libraries)
Actuarial models for disability insurance. Haberman, S.; Pitacco, E. Chapman & Hall, 1999. 280 pages. ISBN: 9780849303890 (Buy from eShop | Borrow from libraries)
The analysis of mortality and other actuarial statistics. Benjamin, B.; Pollard, J. H. 3rd ed. Institute and Faculty of Actuaries, 1993. 519 pages. ISBN: 9780901066268 (Borrow from libraries)
Life assurance mathematics. Scott, W. F. Heriot-Watt University, 1999. 343 pages. (Buy from eShop | Borrow from libraries)
Life contingencies. Neill, A. Heinemann, 1977. 452 pages. ISBN: 0434914401
(This book is no longer in print, but has been used as a textbook under earlier education strategies. You should find it relatively easy to borrow a copy from a colleague. Alternatively you can borrow it from the libraries.) (Borrow from libraries)
Life insurance mathematics. Gerber, H. U. 3rd ed. Springer; Swiss Association of Actuaries, 1997. 217 pages. ISBN: 9783540622420 (Buy from eShop | Borrow from libraries)
Modern actuarial theory and practice. Booth, P. M.; Chadburn, R. G.; Haberman, S. et al. 2nd ed. Chapman & Hall, 2005. 799 pages. ISBN: 9781584883685 (Buy from eShop | Borrow from libraries)
Subject CT6 - Statistical methods
An introduction to statistical modelling. Dobson, A. J. Chapman & Hall, 1983. 125 pages. ISBN: 9780412248603 (Borrow from libraries)
Introductory statistics with applications in general insurance. Hossack, I. B.; Pollard, J. H.; Zehnwirth, B. 2nd ed. Cambridge University Press, 1999. 282 pages. ISBN: 9780521655347 (Borrow from libraries)
Loss models: from data to decisions. Klugman, S. A.; Panjer, H. H.; Willmot, G. E. et al. 3rd. ed. John Wiley, 2008. 726 pages. ISBN: 9780470187814 (Buy from eShop | Borrow from libraries)
Practical risk theory for actuaries. Daykin, C. D.; Pentikainen, T.; Pesonen, M. Chapman & Hall, 1994. 545 pages. ISBN: 9780412428500 (Buy from eShop | Borrow from libraries)
Subject CT7 - Business economics
Business economics. Perman, R.; Scouller, J. Oxford University Press, 1999. ISBN: 0198775253
Economics. Begg, D. K. H.; Fischer, S.; Dornbusch, R. 9th ed. McGraw-Hill, 2008. ISBN: 9780077117870 (Buy from eShop | Borrow from libraries)
Economics. Krugman, P.; Wells, R.; Graddy, K. European ed. Worth, 2007. ISBN: 9780716799566 (Borrow from libraries)
Economics. Lipsey, R. G.; Chrystal, K. A. 11th ed. Oxford University Press, 2007. ISBN: 9780199286416 (Borrow from libraries)
Economics. Mankiw, N.G.; Taylor, M. P. Thomson, 2006. ISBN: 9781844801336 (Borrow from libraries)
Economics. Parkin, M.; Powell, M.; Matthews, K. 7th ed. Pearson Education, 2007. ISBN: 9780132041225 (Borrow from libraries)
Economics. Sloman, J. 6th ed. FT Prentice Hall, 2006. ISBN: 9780273705123 (Borrow from libraries)
Economics for business. Begg, D. K. H.; Ward, D. 2nd ed. McGraw-Hill, 2007. ISBN: 9780077114510
Essentials of economics. Sloman, J. 4th ed. FT Prentice Hall, 2006. ISBN: 9780273708810 (Borrow from libraries)
Subject CT8 - Financial economics
Financial calculus. An introduction to derivative pricing. Baxter, M.; Rennie, A. CUP, 1996. 233 pages. ISBN: 9780521552899 (Buy from eShop | Borrow from libraries)
Financial economics: with applications to investments, insurance and pensions. Panjer, H. H. (ed) The Actuarial Foundation, 2001. 669 pages. ISBN: 9780938959489 (Borrow from libraries)
Interest rate models. An introduction. Cairns, Andrew J. G. Princeton University Press, 2004. ISBN: 0691118949 (Borrow from libraries)
Modern portfolio theory and investment analysis. Elton, E. J.; Gruber, M. J.; Brown, S. J. et al. 8th ed. John Wiley, 2010. 727 pages. ISBN: 9780470505847 (Borrow from libraries)
Options, futures and other derivatives. Hull, J. C. 7th ed. Prentice Hall, 2008. 822 pages. ISBN: 9780136015864 (Buy from eShop | Borrow from libraries)
Unless indicated as out of print, all books are available for ordering from bookshops with the details given. Where indicated, they can be bought from the Publications Shop or borrowed from the libraries.