Department of Mathematics / nichols@math.fsu.edu
/ Last modified: 8/21/09 | MAP 5601 Fall 2009 |
Introduction to Financial Mathematics
|
MWF 12:20-1:10 200 LOV |
| instructor: | Warren Nichols 112 Love Building nichols@math.fsu.edu www.math.fsu.edu/~nichols 644-2718 (office) 644-2202 (front desk) |
office hours: | MWF 8:30 - 9:30 and by appointment |
| intended audience: |
First year students in Financial Mathematics. With permission may be elected by students from a variety of disciplines interested in financial mathematics. This course or the equivalent is required in master's degree option (e). |
| prereqisites: | Calculus through multivariate, ordinary differential equations, probability, linear algebra. FIN 5515 is a pre- or co-requisite. |
| text: | Required text: Stochastic Calculus for Finance I: The Binomial Pricing Model by Steven Shreve. |
| content: | We shall cover the topics of Chapters 1, 2, 3, 4, 6 of the book, and Chapter 5 if time permits. A number of the topics will be treated in greater generality than is done in the text. |
| course rationale: |
Students must understand mathematical concepts early in the program that may not be available in the typical undergraduate curriculum and some of which are spread over many graduate mathematics courses. The mathematical topics are prerequisite for the study of concrete financial problems; finance terminology will be at times employed to assure early familiarity. |
| grading: | Your grade in the course will be based on your performance on written homework assignments (10%), two tests (20% each), and a written comprehensive final (50%). The final exam is on Tuesday of exam week, 10:00 - 12:00 noon |
| honor code: | The Academic Honor System of The
Florida State University is based on the premise that each student
has the responsibility 1) to uphold the highest standards of academic integrity in the student's own work, 2) to refuse to tolerate violations of academic integrity in the University community, and 3) to foster a high sense of integrity and social responsibility on the part of the University community. Violations of this Academic Honor System will not be tolerated. Written assignments must be your own independent work, with no help from anyone except the instructor. Before submitting any work for this class, please read the Academic Honor Policy and ask the instructor to clarify any of its expectations that you do not understand. |
| americans with disabilities act |
Students with disabilities needing academic accommodation should: (1) register with and provide documentation to the Student Disability Resource Center; and (2) bring a letter to the instructor indicating the need for accommodation and what type. This should be done during the first week of class. This syllabus and other class materials are available in alternative format upon request. |
Department of Mathematics / nichols@math.fsu.edu
/ Last modified: 8/21/09