Textbook (optional): Robert L. McDonald, Derivatives Markets, third edition, Pearson, 2013.
For the course syllabus, please click here.
For the first-day information sheet as a pdf-file, please click here.
For the emergency information sheet for students, drawn up by the Department of Mathematics, please click here.
For emergency information provided by the University Police, please click here.
There will be three midterm exams and a final exam. Tentative dates of midterm exams (subject to change):
More precise information on the dates of the midterm exams will be provided later. All midterm exams will be held during regular class time in the regular classroom.
Final exam: Tuesday, December 17, 1:30-4:30 pm, in the regular classroom.
Grading: The grade for the course will be based on the total points from the best two midterm exams (the maximum score will be 100 in each midterm exam), the final exam (maximum score 100), and quizzes (points normalized so that the maximum score will be 100). Hence the maximum score will be 400 for the total points.
Quizzes. After the first week, there will be a weekly quiz at the beginning of the class (apart from a few exceptions). Three lowest quiz scores will be dropped. Dropping one midterm exam and a number of quizzes is intended to provide leeway for those times when a student is ill, or needs to go to a job interview, or has a family emergency, or just misses class or is late for the class for some other reason. If you miss a midterm exam or a quiz, you will get zero points for it. As this system allows you to miss one midterm exam and three quizzes without you giving any reason for it, no make-up exams or quizzes will be given. Exceptions will be considered only in the case of a prolonged illness indicated by a doctor's note. Of course, you are encouraged to take all midterm exams and quizzes and to do your best.
No books or notes will be allowed in the midterm exams, the quizzes, and the final exam. You will need a calculator for all of them. Any other reference information that will be allowed, will be provided at the quiz or exam. Bring your university ID to the midterm exams and the final exam.
Homework problems from the optional textbook will be suggested for each lecture. A list of all suggested homework problems can be found by clicking on the link to "Suggested problems" below.
Suggested problems from the optional textbook
Midterm exam 1 will be held on Tuesday October 1 at regular class time. Midterm exam 1 will cover Chapters 1-3, 5, 9, 10.
Midterm exam 2 on Tuesday October 29 at regular class time will cover Chapters 10-13.
Midterm exam 3 on Thursday November 21 at regular class time will cover Chapters 14, 18 (only Sections 18.1-18.4), 20 (only Sections 20.1-20.4), 21 (only Sections 21.1-21.3), and 23 (only Section 23.1), and Chapter 6, pages 2-9, of Professor Chong's lecture notes. All exams may include questions also from all material that was covered earlier.
The final exam on Tuesday, December 17, 1:30-4:30 pm, in the regular classroom, will cover Chapters 1-3, 5, 9-14, 18 (only Sections 18.1-18.4), 20 (only Sections 20.1-20.4), 21 (only Sections 21.1-21.3), and 23 (only Section 23.1), and all material in Chapter 6 of Professor Chong's lecture notes.
Dates of quizzes
Checking your scores online: Go to this link, click on Academics, click on Courses, click on Score Reports, and log in using your University NetID and password.