1. Financial Mathematics

4. Math 373 – Instructor BRNG 2290 (Tu & Th at 10:30) Jeff Beckley
Math 818
Office Hours
Monday and Wednesday 7:00 pm to 9:00 pm
Tuesday and Thursday 9:00 to 10:15 am
By Appointment

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

6. 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

7. Math 373 – Procedures Evaluation Regular Quizzes (24%) Homework (7%)
Three tests (69%)
Two tests worth 23% each
Final worth 23%

8. 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 10:30 am
2 lowest grades will be dropped

9. Math 373 – Procedures Homework will be on-line LON CAPA
First Homework Assigned Thursday
Cover use of LON CAPA on Thursday in Class
Homework is essential
2 lowest grades will be dropped

10. 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

11. 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.

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

13. 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.”

14. Exam FM/Exam 2 December 4-15 February 15-26
Sign Up by October 30
February 15-26
Sign Up by January 8
Goal: 250 hours of Preparation
Keep a log
Work as many problems as you can
Plan for 250 hours

15. 250 Hours Attend Class and Do HW 125 hours
Supplemental Material hours
Problems Provided by Me hours