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Financial Mathematics

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Presentation on theme: "Financial Mathematics"— Presentation transcript:

1 Financial Mathematics

2 Math 373 – Instructor MATH 175 (Tu & Th at 1:30) and LILY G126 (Th at 9:30) Jeff Beckley Math 818 Office Hours Tuesday and Thursday from Noon to 1:30 By Appointment

3 Math 373 – Textbooks Mathematical Interest Theory, Second Ed.
First Edition is okay. Derivative Markets, Second or Third Edition Supplemental Study Materials ASM Actex Coaching Actuaries

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

5 Math 373 – Procedures Evaluation Quizzes (24%) Homework (4%)
Four tests (72%) Three tests worth 18%% each Final worth 18%

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 the Beginning of Class Will not accept late 2 lowest grades will be dropped

7 Math 373 – Procedures Quizzes and Homework
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

8 Math 373 – Academic Dishonesty (Cheating)
Cheating will not be tolerated! Copying someone else’s HW is Cheating! Giving someone your HW is Cheating! If you cheat on HW or Quiz, penalty is a zero on the homework or 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.

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

10 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 last year stated: “It has been the most valuable class I have had here at Purdue.”

11 Exam FM/Exam 2 June 9-17 August 8-19 Goal: 250 hours of Preparation
Sign Up by April 27 August 8-19 Sign Up by June 27 Goal: 250 hours of Preparation Keep a log Work as many problems as you can Plan for 250 hours

12 250 Hours Attend Class and Do HW 125 hours
Supplemental Material hours Problems Provided by Me hours


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