1. Financial Mathematics

2. Math 373 – Instructor MATH 175 (Tu & Th at 1:30) Jeff Beckley
Math 818
Office Hours
Monday and Wednesday 7:00 pm to 8:30 pm
Tuesday and Thursday 10:30 to 12:15 am
By Appointment

3. Math 373 – Optional Textbooks
Mathematical Interest Theory, Second Ed.
First Edition is okay.
Supplemental Study Materials
Coaching Actuaries (
ADAPT software

4. Math 373 – Calculators
Only Society of Actuaries Exam calculators may be used on tests and quizzes.
See Syllabus
Require a Texas Instruments BAII Plus
See PDF files on Class Website
May Use Multiple Calculators

5. Math 373 – Procedures Evaluation Regular Quizzes (20%) Homework (5%)
Three tests (75%)
Two tests worth 25% each
Final worth 25%

6. Math 373 – Procedures Quizzes and Tests are closed book
Only permitted calculators are allowed
Quizzes cannot be made up
Lowest Quiz dropped
Tests can only be made up under extreme circumstances
Homework is essential
Due at 1:30 pm
2 lowest grades will be dropped

7. Math 373 – Procedures Homework will be on-line LON CAPA
First Homework Assigned Thursday
Cover use of LON CAPA on Thursday in Class

8. Math 373 – Procedures Tests and Quizzes
Must show all your work to get full credit.
Answer without work will get less than 50% credit
Grades will be on a plus/minus scale
See scale in syllabus

9. Math 373 – Academic Dishonesty (Cheating)
Cheating will not be tolerated!
If you cheat on a Quiz, penalty is a zero on the Quiz and 5% of the total score for the class.
If you cheat on a Test, you will receive a failing grade in this class.

10. Math 373 – Dual Purpose Learn Interest Theory Exam Prep Course
SoA Exam FM
CAS Exam 2
Course Outline

11. Students Not Taking Exam Ever
Do the HW.
Master these problems and you will do well in class.
Excellent Class for the quantitative business student or finance major
One senior business student stated:
“It has been the most valuable class I have had here at Purdue.”

12. Exam FM/Exam 2 June 6-17 August 9-20 Goal: 250 hours of Preparation
Sign Up by May 7
August 9-20
Sign Up by July 9
Goal: 250 hours of Preparation
Keep a log
Work as many problems as you can
Plan for 250 hours

13. 250 Hours Attend Class and Do HW 125 hours
Supplemental Material hours
Problems Provided by Me hours