Financial Mathematics Math 373 Math 373 Instructor MATH

Financial Mathematics Math 373

Math 373 – Instructor • MATH 175 (Tu & Th at 1: 30) • Jeff Beckley – http: //www. math. purdue. edu/~jbeckley/ – – Math 818 317 -698 -8543 jbeckley@purdue. edu Office Hours • Monday and Wednesday 7: 00 pm to 8: 30 pm • Tuesday and Thursday 10: 30 to 12: 15 am • By Appointment

Math 373 – Optional Textbooks • Mathematical Interest Theory, Second Ed. – First Edition is okay. • Supplemental Study Materials – Coaching Actuaries • (https: //www. coachingactuaries. com) • ADAPT software

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

Math 373 – Procedures • Evaluation – Regular Quizzes (20%) • 6 quizzes – Homework (5%) – Three tests (75%) • Two tests worth 25% each • Final worth 25%

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

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

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

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.

Math 373 – Dual Purpose • Learn Interest Theory • Exam Prep Course – So. A Exam FM – CAS Exam 2 • Course Outline

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. ”

Exam FM/Exam 2 • June 6 -17 – 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

250 Hours • Attend Class and Do HW • Supplemental Material • Problems Provided by Me 125 hours 75 hours 50 hours