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Viewing: FIM 675 : Project in Financial Mathematics

Last approved: Thu, 09 Feb 2017 09:01:18 GMT

Last edit: Tue, 31 Jan 2017 14:29:44 GMT

Change Type
Major
FIM (Financial Mathematics)
675
032419
Dual-Level Course
Cross-listed Course
No
Project in Financial Mathematics
Project in Financial Mathemati
College of Sciences
Mathematics (17MA)
Term Offering
Fall, Spring and Summer
Offered Every Year
Spring 2017
Previously taught as Special Topics?
No
 
Course Delivery
Face-to-Face (On Campus)

Grading Method
Credit (S/U)/Audit
1-3
15
Contact Hours
(Per Week)
Component TypeContact Hours
Independent Study3
Course Attribute(s)


If your course includes any of the following competencies, check all that apply.
University Competencies

Course Is Repeatable for Credit
Yes
11
 
 
15
Jeffrey Scroggs
Associate Professor
Full

Open when course_delivery = campus OR course_delivery = blended OR course_delivery = flip
Enrollment ComponentPer SemesterPer SectionMultiple Sections?Comments
Research44NoEnrollment is expected to be higher in Summer than Spring/Fall semesters.
Open when course_delivery = distance OR course_delivery = online OR course_delivery = remote
Must be a student registered in the Masters of Financial Mathematics program.
Is the course required or an elective for a Curriculum?
Yes
SIS Program CodeProgram TitleRequired or Elective?
17fmbmrMasters of Financial MathematicsRequired
The project provides the students the opportunity to apply quantitative financial mathematics to a problem of practical interest under the supervision of faculty and/or practitioners. Links academic theory to applications. Examine a practical problem from financial mathematics using marketplace data. Approach solutions to the problem considering aspects of quantitative risk and/or optimal returns. Methods and models will be drawn from academic courses and other sources. Restricted to students in the Masters of Financial Mathematics.

An internship or project is required of all Masters of Financial Mathematics students.  Currently, students enroll in FIM 693 for either of these activities.  Creating this course will clarify program requirements and how the requirements are being satisfied.


No

Is this a GEP Course?
GEP Categories

Humanities Open when gep_category = HUM
Each course in the Humanities category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Mathematical Sciences Open when gep_category = MATH
Each course in the Mathematial Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

Natural Sciences Open when gep_category = NATSCI
Each course in the Natural Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

Social Sciences Open when gep_category = SOCSCI
Each course in the Social Sciences category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Interdisciplinary Perspectives Open when gep_category = INTERDISC
Each course in the Interdisciplinary Perspectives category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Visual & Performing Arts Open when gep_category = VPA
Each course in the Visual and Performing Arts category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
 

 
 

Health and Exercise Studies Open when gep_category = HES
Each course in the Health and Exercise Studies category of the General Education Program will provide instruction and guidance that help students to:
 
 

 
 

 
 

 
 

 
&
 

 
 

 
 

 
 

Global Knowledge Open when gep_category = GLOBAL
Each course in the Global Knowledge category of the General Education Program will provide instruction and guidance that help students to achieve objective #1 plus at least one of objectives 2, 3, and 4:
 
 

 
 

 
Please complete at least 1 of the following student objectives.
 

 
 

 
 

 
 

 
 

 
 

US Diversity Open when gep_category = USDIV
Each course in the US Diversity category of the General Education Program will provide instruction and guidance that help students to achieve at least 2 of the following objectives:
Please complete at least 2 of the following student objectives.
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Requisites and Scheduling
 
a. If seats are restricted, describe the restrictions being applied.
 

 
b. Is this restriction listed in the course catalog description for the course?
 

 
List all course pre-requisites, co-requisites, and restrictive statements (ex: Jr standing; Chemistry majors only). If none, state none.
 

 
List any discipline specific background or skills that a student is expected to have prior to taking this course. If none, state none. (ex: ability to analyze historical text; prepare a lesson plan)
 

Additional Information
Complete the following 3 questions or attach a syllabus that includes this information. If a 400-level or dual level course, a syllabus is required.
 
Title and author of any required text or publications.
 

 
Major topics to be covered and required readings including laboratory and studio topics.
 

 
List any required field trips, out of class activities, and/or guest speakers.
 

No new resources are required. Students that take this course currently take FIM 693. There will be no change in the number of credits or the way they are supervised/mentored.

  1. Learn and implement effective professional project skills.

  2. Link academic theory to practice in Financial Mathematics.

  3. Develop and demonstrate problem-solving


Student Learning Outcomes

  1. Associated with Goal 1

    1. Engage in professional expectations including, but not limited to: time management, project management, identify milestones

    2. Display professional communication through written, verbal, and nonverbal means.

    3. If working on a team, identify strengths and weaknesses of yourself and other team members as they apply to the problem being solved.



  2. Associated with Goal 2

    1. Identify and test methods and models from courses taken that are appropriate for problem(s) being addressed.  If needed, identify and test new methods and models outside your current knowledge base.

    2. Identify relevant data sources



  3. Associated with Goal 3

    1. Provide a quantitative description of what it means to solve the selected problem(s)

    2. Articulate (quantify) what it means to have a good (high fidelity) answer to the problem(s)

    3. Evaluate the chosen methods and models using data




Evaluation MethodWeighting/Points for EachDetails
Participation50Evaluation is by faculty (or practitioner) mentor
presentation30Presentation to group members, mentor, and to new/continuing MFM students
Essay20A report including both executive summary and technical details is required.
TopicTime Devoted to Each TopicActivity
topics vary by student interest14 weeksWeekly meetings with faculty and/or practitioner mentor. More frequent interactions with group members if this is a team activity.
mlnosbis 12/9/2016: Independent study component types are variable 1-3 credit hour courses. They cannot be variable 1-9. Adjust credit and contact hour ranges. Suggest changed topical outline to indicate that "topics vary by student interest" so this is not confused with a special problems course.

ABGS Reviewer Comments:
-the syllabus does not include an explanation of how participation (which is 50% of the grade) is judged beyond evaluation by faculty
-there is no schedule, which is understandable for an internship
allloyd (Thu, 08 Dec 2016 14:33:42 GMT): Passed college committee 6/12/16
scroggs (Wed, 21 Dec 2016 19:26:12 GMT): scroggs (12/21/16): credit hours changed and "problem" changed to "student interest" in Topical Outline.
Key: 10855