MA 514: Financial Mathematics
Fall 2018, University of South Carolina

Course website: http://www.math.sc.edu/~xfyang/Teaching/MA514_Fall_2018.html

### Instructor: Xiaofeng Yang

 Lecture time: TTH 2:50PM-4:05AM at Gambrell 205 Office: Leconte 317c Office Hours: TTH 1:00Pm-2:15pm,or by appointment Phone: 777-3776 E-mail: xfyang@math.sc.edu

Textbook:

• Sheldon M. Ross, An Elementary Introduction to Mathematical
Finance, Third Edition, Cambridge University Press.
• Assignment Sheet
• Homework 1 : Chapter1， 1， 2， 3， 4， 6， 8， 10， 11， 12， 13， 14， 15， 16， 17， 18 due Sep. 6 [Answers]
• Homework 2: Chapter 2, 1， 2， 3， 4， 6， 7， 8， 9， 10 . Chapter 3， 1， 2， 3， 4. Due Sep 20. [Answers]
• Exam 1 date is on Oct, 4th (the building of Math deparment will be closed on Monday and Tuesday due to food) , it will cover chapter 1, 2, 3
• Homework 3: Chapter4， 1， 2， 3， 4， 5， 6， 7， 8， 9， 10， 11， 12， 13， 14， 15， 16， 17， 18， 19， 20， 21 ， due Oct. 25.[Questions][Answers]
• Homework 4: Chapter5， 1--- 6, 7---16, Due Nov 13. [Questions][Answers]
• Chapter 6, 6.1, 6.2, 6.3, 6.4,6.5,6.6,6.7,6.8 [Questions][Answers]
• Test 2 will be Nov 20.
• Final Exam schedule: Dec. 11, Tuesday - 4:00 p.m.
• Course Syllabus
• Homework questions are regularly assigned by chapters on the course website, please check this webpage regularly;
• Homework are encouged to do independently, but allowed to discuss within the study groups (2-3 students will from one study group initially);
• Homework will be collected by chapters and I will pick 2-3 poblems to grade;
• No quizs
• Remember: There are bonus points given by the attendance (See the Bonus points belows)
•

Tenative Exam dates:

Test One: Oct , 2018
Test Two: Nov，2018

Final Exam schedule: Dec. 11, Tuesday - 4:00 p.m.
(The dates might be changed up to progress.)

Note: The exams are "closed book" – no books, no notes, no calculators, no labtop comptuer or equivalent technology, etc. There are no early exams. A make-up exam is only possible for written legitimate documented reasons of illness, family emergency, or participation in a University sponsered event. You must take your exams with the lecture for which you are registered.

Test One: 25%

Test Two: 25%

Final exam: 40%

Homework: 10%

[90,100] A, [86, 89] B+, [80, 85] B, [76, 79] C+, [70, 75] C, [66, 69] D+, [60, 65] D, [0, 59] F.

NOTICE

If you have any questions/confusions about the grading mistakes about the quiz/midterms, feel free to ask the instructor and the instructor is very happy to discuss with you.

Attendance: Attendance at every class meeting is important - and expected. Students missing more than 10% of the class meetings (4 days) can have their grade lowered.

Bonus Credits: If your attendence is more than 80%, you will get 3 bonus points for final grade; 60%-80%, 2 bonus points; 30%-60%, 0 bonus points; less than 30%, -2 bonus points.

Academic Dishonesty: Cheating and plagiarism in any form is not tolerated. If a student is caught cheating, I will follow the guidelines as set forth in the USC Honor Code and other University guidelines.