Math 30610 Financial Mathematics (Spring 2023)
Introduction to Financial Mathematics
Course Description
This course covers the foundational topics of financial mathematics. I will be following the topics outlined on page 8 of this handout from the Society of Actuaries.Textbook: Mathematics of Investment and Credit, Samuel A. Broverman, 6th or 7th ed. I have a copy of the 6th edition, but the topics are essentially the same.
Homework: There will be weekly problem sets. You are free and encouraged to collaborate with other students in the class in solving the problems, but you must write up all your solutions on your own. The lowest homework grade will not be taken into account in the computations of your final grade.
Exams: There will be two midterm exams (February 22 and March 29 in class) and a final exam.
Final grade:The final grade will be computed as a weighted average: 40% homework, 15% each midterm, 30% final exam.
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