Financial Mathematics Math 373 Math 373 Instructor MSEE

Financial Mathematics Math 373

Math 373 – Instructor • MSEE B 012 (Tu & Th) and BRNG 2280 • Jeff Beckley – http: //www. math. purdue. edu/~jbeckley/ – – – Math 818 49 -40493 317 -698 -8543 jeffbeckley@indy. rr. com Office Hours • Tuesday and Thursday – Noon to 1: 30 • By Appointment

Math 373 – Textbooks • Mathematical Interest Theory, Second Ed. – First Edition is okay. • Derivative Markets, Second Edition • Supplemental Study Materials

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 So. A Website

Math 373 – Procedures • Evaluation – Quizzes (20%) • 8 unannounced quizzes – Homework (10%) – Three tests (70%) • Two tests worth 20% each • Final worth 30%

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 – Will not accept late – 2 lowest grades will be dropped

Math 373 – Procedures • Note Test on Thursday before Spring Break • Quizzes and Homework – Must show all your work to get full credit. – Answer without work will get less than 50% credit

Math 373 – Dual Purpose • Learn Interest Theory • Exam Prep Course – So. A Exam FM – CAS Exam 2 • Course Outline • Students Not Taking Exam in Spring

Exam FM/Exam 2 • May 5 -11 or August 13 -19 • Goal: 250 hours of Preparation – Keep a log – Turn it in to me weekly – If you lie to me, you are only fooling yourself • Work as many problems as you can • Plan for 250 hours

250 Hours • Week ending 1 -17 • Next eight weeks 4 hours 15 hours – Weeks ending 1 -24 to 3 -14 • Week ending 3 -21 • Next six weeks 0 hours 20 hours – Weeks ending 3 -28 to 5 -2 • Week ending 5 -9 6 hours • Total hours 250!!!!

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