Financial Mathematics

Math 373 – Instructor WTHR 320 (Tu & Th at 9:00) and MATH 175 (Wed at 8:30) Jeff Beckley http://www.math.purdue.edu/~jbeckley/ Math 818 317-698-8543 jeffbeckley@indy.rr.com Office Hours Monday and Wednesday from 3:00 to 5:00 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 Class Website

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

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

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

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.

Math 373 – Dual Purpose Learn Interest Theory Exam Prep Course SoA 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 last year stated: “It has been the most valuable class I have had here at Purdue.”

Exam FM/Exam 2 December 3-13 February 8-19 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 125 hours Supplemental Material 75 hours Problems Provided by Me 50 hours