Math 181: Mathematics of Finance

Fall 2003

Mathematics Department, UCLA


Instructor

Russel Caflisch

Office: 7619A Math Science Bldg

Office hours: MWF 11-12

Virtual office hours: through the site below


Mathematics Department

Departmental Course site

Virtual Office Hours site 


Course Information

Hours: MWF 1-1:50

Room: 6627 Math Science Bldg

TA: Alex Smith

TA office and hours: Math Science Bldg 2963, Tu 2-3 and Th 1-2

Discussion Section: Tu 1-1:50, Math Science Bldg 6627

Text: "Options, futures and other financial derivatives" by John Hull

Class Information

Syllabus

Midterm date: Monday, November 3

Midterm

Midterm solution set

Final exam: Wednesday, December 10, 2003, 8:00am-11:00am


Policies (Tentative and subject to change)

Exams are open book, open notes, calculators allowed

Makeup exams by special advance arrangement only (i.e. arranged before scheduled exam)

Homework: Distributed every Wednesday, due following Wednesday

No late homework.

Grades: 30% homework, 30% midterm, 40% final exam


Lecture Notes (Adobe pdf files)

These will be not be handed out in class. Please print them out before each class.

Lecture 1

Lecture 2

Lecture 3

Lecture 4-5

Lecture 6-8

Lecture 9-10

Lecture 11-12

Lecture 13

Lecture 14

Lecture 15-16

Monte Carlo Lectures

Lecture 17

Lecture 18

Lecture 19

Lecture 20


Homework Assignments (Adobe pdf files)

Homework 1

Homework 2

Homework 3 : Hull Chapter 10 (Introduction to Binomial Trees) p. 214:, 10.4, 10.5, 10.6, 10.7

Homework 4

Homework 5

Homework 6

Homework 7

 

 

Midterm Samples

Sample Midterm

Solutions to Sample Midterm

Midterm

Solutions to Midterm


Final Exam Samples

Sample Final

Solutions to Sample Final


Excel/Basic Monte Carlo programs for Homework 7

putMC.xls

callMC.xls

LookBackMC.xls

treeMC.xls



To send messages or questions to me, click here: caflisch@math.ucla.edu.

Caflisch's homepage:

Prof. Russel Caflisch


email:

caflisch@math.ucla.edu


Phone:

(310)206-0200 (office)
(310)206-6673 (fax)


Address:

Mathematics Department
UCLA
Los Angeles, CA 90095-1555


Office:

7619A Mathematical Sciences Building