1. Financial Mathematics

2. Math 373 – Instructor
WTHR 172 (Tu & Th at 1:30) and WTHR 104 (Th at 9:30)
Jeff Beckley
Math 818 or
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 Edition
Supplemental Study Materials

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 – Cheating Cheating will not be tolerated!
Copying someone else’s 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 7-16 and Aug 9-18 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