The following three course sequence form the core of the program.
Roughly they are ordered from theoretical to practical.
-
FM 5011/5012
Mathematical Background for Finance
(required)
4 credits per semester
-
course description for FM 5011
course description for FM 5012
Instructor's 5011 website (Fall 2010)
Instructor's 5012 website (Spring 2011)
ARCHIVE
Previous instructor's 5011 website (Fall 2009)
Previous instructor's 5012 website (Spring 2010)
Previous instructor's 5011 website (Fall 2008)
Previous instructor's 5012 website (Spring 2009)
Previous instructor's 5011 website (Fall 2007)
Previous instructor's 5012 website (Spring 2008)
This is the most theoretical of the course sequences, focusing
on the graduate level mathematics needed for the program, and
taught specifically with an eye toward finance.
For MFM students who are *not* asked to take FM 5001/5002, this
can be taken at any time. Those who are asked to take FM 5001/5002
must finish FM 5001/5002, with grades of "B" or better (in both
courses) before beginning FM 5011/5012. Any exceptions must be
approved by the Director of the MFM program.
-
FM 5021/5022
Mathematical Theory Applied to Finance
(required)
4 credits per semester
-
course description
Instructor's 5021 website (Fall 2010) (not ready yet)
Instructor's 5022 website (Spring 2011) (not ready yet)
ARCHIVE
Previous instructor's 5021 website (Fall 2009)
Previous instructor's 5022 website (Spring 2010) (no link received)
Previous instructor's 5021 website (Fall 2008)
Previous instructor's 5022 website (Spring 2009)
Previous instructor's 5021 website (Fall 2007)
Previous instructor's 5022 website (Spring 2008)
Pictures of the very first UMN-MFM class
in all of recorded history!
This course sequence forms the bridge between theory and
application.
This sequence cannot be started before FM 5011/5012 is started,
though it can be taken at the same time as FM 5011/5012.
It also cannot be started before FM 5091/5092 is started,
though it can be taken at the same time as FM 5091/5092.
-
FM 5031/5032
A Practitioner's Course in Finance
(required)
4 credits per semester
Grading Policy
This course sequence is highly practical, taught by industry
professionals and will be taught with an eye toward hands-on
real-world problem-solving.
This sequence cannot be started before FM 5021/5022 is started,
though it can be taken at the same time as FM 5021/5022.
There is no course description for this course, because it is topical, and varies
from year to year. See the instructor websites.
ARCHIVE OF PRACTITIONER COURSES
MODULES FOR 2010-2011:
Fall Semester (Weeks 1-7, seven weeks): John Dodson, Options Clearing Corporation
Instructor's website
Fall Semester (Weeks 8-11, four weeks): Blaise Morton, Whitebox Advisors
Instructor's website (not ready yet)
Fall Semester (Weeks 12-15, four weeks): Arkady Shemyakin, University of Saint Thomas
Instructor's website (not ready yet)
Spring Semester (Weeks 1-6, six weeks): John Dodson, Options Clearing Corporation
Instructor's website
Spring Semester (Weeks 7-10, four weeks): Phil Jones, Ameriprise
Instructor's website (not ready yet)
Spring Semester (Weeks 11-15, five weeks): Jason Vinar, Ameriprise
Instructor's website
