SYLLABUS
Department of Mathematics
MAP5601 – Introduction
to Financial Mathematics
Fall 2003
Instructor: Dr. Nolder
Office: 205C Love
Hours: Tues 2-4, or by appointment
Lecture notes will be distributed in class until available online.
Topics:
Finite probability spaces, discrete martingale theory and the binomial model.
Introduction to measure theory, Radon-Nikodym theorem, conditional
expectation.
Introduction to Stochastic Calculus, Ito’s Lemma, Brownian motion.
Financial partial differential equations and solution of the Black-Scholes
equation.
Grades will be based on two exams and a final.
Exam 1: Thurdsay, Sept. 25
Exam 2: Thursday, Nov. 6
Final exam time is arranged by the university.
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.
American Disabilities Act: Students with disabilities needing academic accommodations should 1) register and provide documentation to the instructor from SDRC indicating you need academic accommodations. This should be done within the first week of class. This and other class materials are available in alternative format upon request.