2007/08 Taught Postgraduate Module Catalogue
MATH5310M Mathematical Review
15 creditsClass Size: 100
Module manager: Klaus Reiner Schenk-Hoppé
Email: K.R.Schenk-Hoppe@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2007/08
Pre-requisite qualifications
The qualifications to gain entrance to the MSc in Financial Mathematics are sufficient.This module is not approved as an Elective
Objectives
This module aims to provide students with a thorough and formal treatment of fundamental concepts and techniques in real analysis, linear algebra and probability theory. The course also covers basic concepts of mathematical finance, simple numerical simulations and an introduction to LaTeX. On completion of this module, students will be able to ...- find the limit of simple sequences, test for convergence of sequences;
- apply basic results on limits, continuity and differentiation;
- understand basic concepts from linear algebra and solve linear equations;
- identify ordinary and partial differential equations and solve simple ODEs;
- describe difference equations and illustrate the dynamics of one- and two-dimensional systems;
- state and use the basic rules of probability;
- apply fundamental concepts of statistics to simple problems;
- understand the mathematical models of choice under uncertainty and stochastic financial asset payoffs;
- use simulation tools to solve and visualise simple mathematical-finance related tasks;
- write reports in LaTeX.
Syllabus
An understanding of fundamental mathematical concepts and methods as well as familiarity with their application to simple problems is a prerequisite for a successful study of any topic in financial mathematics. Beside analytical skills, it is mandatory to have knowledge of numerical simulations using mathematical software and the proper use of text editors for mathematics. The aim of this module is to equip students with these skills.
This module reviews the basic concepts of limits, continuity, differentiability, series and convergence, complex numbers, linear algebra, ordinary and partial differential equations, elementary probability and statistics. It also provides an introduction to LaTeX.
Teaching methods
| Delivery type | Number | Length hours | Student hours |
| Lecture | 10 | 2.00 | 20.00 |
| Tutorial | 10 | 1.00 | 10.00 |
| Private study hours | 120.00 | ||
| Total Contact hours | 30.00 | ||
| Total hours (100hr per 10 credits) | 150.00 | ||
Private study
5 hours per lecture: 50 hours;5 hours per tutorial: 50 hours;
Preparation for assessment: 20 hours.
Opportunities for Formative Feedback
Exercises will be handed in for assessment on a bi-weekly basis.Progress will further be monitored by contributions made to tutorials.
Methods of assessment
Coursework
| Assessment type | Notes | % of formal assessment |
| In-course Assessment | Assessed exercises | 30.00 |
| Total percentage (Assessment Coursework) | 30.00 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
Exams
| Exam type | Exam duration | % of formal assessment |
| Standard exam (closed essays, MCQs etc) | 2 hr | 70.00 |
| Total percentage (Assessment Exams) | 70.00 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
Reading list
The reading list is available from the Library websiteLast updated: 24/06/2009
Browse Other Catalogues
- Undergraduate module catalogue
- Taught Postgraduate module catalogue
- Undergraduate programme catalogue
- Taught Postgraduate programme catalogue
Errors, omissions, failed links etc should be notified to the Catalogue Team.PROD