Syllabus - Theory of Interest (Winter, 2011) - M Hlynka

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  • 7/30/2019 Syllabus - Theory of Interest (Winter, 2011) - M Hlynka

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    Mathematics 62-392.01 Theory of Interest Winter, 2011 Dr. M. Hlynka

    Document Prepared: December 23, 2010.

    Office: 9114 Lambton Tower, Ph: 253-3000 (x 3014).

    Office Hours: M.,W. 9-10am, 4-5 pm

    Lectures: M,W: 11:30-12:50 365 Dillon Hall

    Text: Mathematics of Investment and Credit (5th or 4th or 3rdedition) by Broverman, 2010.

    Course Content:

    Broverman,Mathematics of Investment and Credit(5th ed.), 2010.

    Chapters and sections: TBA

    Broverman, S.A.,Mathematics of Investment and Credit(Fourth Edition), 2008:

    Chapter 1 (1.1-1.7) , Chapter 2 (2.1 -2.4 excluding 2.4.2 and 2.4.3) , Chapter 3 (3.1-3.3,

    excluding 3.2.1 and 3.2.2), Chapter 4 (4.1-4.3.1), Chapter 5 (5.1-5.3 excluding 5.1.4 and 5.3.2),

    Chapter 6 (6.1-6.3 excluding 6.2), Chapter 7 (7.1-7.2), Chapter 8 (8.1, 8.3.1 and 8.4.18.4.2).

    Broverman, S.A.,Mathematics of Investment and Credit(Third Edition), 2004:

    Chapter 1 (1.1-1.6) ,Chapter 2 (2.1 -2.4 excluding 2.4.2 and 2.4.3), Chapter 3 (3.1-3.3 excluding

    pp. 188189), Chapter 4 (4.1-4.3.1), Chapter 5 (5.1-5.3 excluding 5.1.4 and 5.3.2),Chapter 6 (6.1-6.3 excluding 6.2), Chapter 7 (7.1-7.2), Chapter 8 (8.2.1, 8.2.4, 8.3.18.3.2).

    The material helps prepare for 2/3 of the Society of Actuaries Exam FM (Financial Mathematics).

    For the other 1/3 of the material, another text is required. See www.soa.org Calculators allowed

    for the Society of Actuaries Exam are Texas Instruments BA35, BAIIPlus, BAIIPlus

    Professional, TI30Xa, TI30XIIS, TI30XIIB, TI30XS Multiview, TI30XB Multiview. However,

    for this course, other calculators are allowed as well.

    http://www.soa.org/files/pdf/edu-rules-reg-instructions.pdf

    Grading:

    Assignments 5%

    Test 1: Wednesday, February 10, 2011 28%

    Test 2: Monday, March 21, 2011 27%Final Exam: Tuesday, April 16, 2011 (12-3 p.m.)(comprehensive) 40%

    Important Dates:

    January 10 (Monday) First class for 62-392

    February 10 (Wed.) Test 1

    Study Week (Feb. 21-25) Study Week.

    March 16, 2011 (Wed.) Last day to drop courses.March 21 (Monday) Test 2

    April 6 (Wednesday) Last day of classes

    April 16 (Saturday) Final Exam 12-3 p.m.

    No Make Tests will be given under any circumstances. The grades will be distributed using adjusted grades.

    (100-93) A+ (92.9-86) A (85.9-80) A- (79.9-77) B+

    (76.9-73) B (72.9-70) B- (69.9-67) C+ (66.9-63) C

    (62.9-60) C- (59.9-57) D+ (56.9-53) D (52.9-50) D-

    (49.9-35) F (34.9-0) F-

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    Tests missed with a valid doctors note (special form) will have their value transferred to the final exam.

    You must use the Faculty of Science medical form which is available on your CLEW course site.

    WRITING THREE OR MORE EXAMS ON THE SAME DAY

    A student scheduled for three final examinations in one calendar day may apply to have one examination rescheduled on an alternate

    examination day. The determination of which examination and the date shall be made by the Vice-Provost. Download the appropriateform at http://www.uwindsor.ca/registrar and submit to the Registrar's Office .

    EXAM CONFLICTS DUE TO OBSERVANCE OF RELIGIOUS HOLY DAYS.

    Students who are unable to write a final examination(s) in the scheduled time slot because of a religious conflict must apply for alternative

    examination(s) by the end of the normal add/drop period. The Registrar's Office will schedule alternative examination(s) in another slot(s)

    within the regular examination period. Please download the appropriate form at http://www.uwindsor.ca/registrar and submit to the Registrars

    Office. Applications must be submitted by the end of the 4th week of classes.

    1.The Student Evaluation forms will be administered in the last two weeks of classes.

    2.Please read evacuation procedures in CLEW.

    3.Please use official medical note form if you miss tests for medical reasons. See CLEW.

    Cheating: Students may not give to or receive information from other students on

    tests/exams. No extra aids are allowed for tests/quizzes.