BEM 104 / Fall 2004-05

BEM 104

Instructor: Bruno Gerard/bgerard@hss.caltech.edu
Tel: 626-395-4211

Course materials will be posted under the different headings below. Please check regularly the Info directory as course announcements and information will be posted there regularly.

ANNOUNCEMENTS:

NOV 30:

Solutions to Problems Set 5 are now posted.

I noticed that I had posted an incomplete answer to Problem 2 part c of Problem set 4. I have revised the solution accordingly and posted the revised solution
Today is the last day of class - I will cover the basic principles of option valuation (probably about 40% of the slides - and skip some of the practical aspects that you can read on your own. And I will answer the questions you may have at this time.
There are a few house keeping issues that we need to deal with to wrap up this interesting term:
1. I will hand out the final exam at the end of the class. It is due in ten days (Friday December 10th) If you are unable to pick it up in class, you can always pick it up from Karen Kerbs Baxter 332 before the due date
2. We need to deal with the teaching evaluations at the end of the class and I will need a volunteer to collect the completed evaluations and to walk them back to Baxter 279a and slip them under the door of Victoria Seas office.
3. You need to pick up your graded homeworks, tests and assignments that you haven't picked up yet. I will return the DFA case and homework 4 at the begining of class. If you haven't picked up your homeworks, all remaining ones will be left with Karen Kerbs at Baxter 332
For those of you who are interested in Invesmtent Jobs, there is a very good book about how to prepare for wall street interviews: "Heard on the Street: Quantitative Questions from Wall Street Job Interviews" by Timothy F. Crack and it is available from Amazon

NOV 20:

All the slides are now available. Lecture Slides 11 and Lecture Slides 12 have been posted. Lecture 11 cover options: it is rather long and includes many practical details that we may skip during class, but that I thought may be of interest to you.
I have a last minute trip coming up on November 29th. I will thus not be available on that date for office hours. I will be available however on Tuesday November 30th between 9:30am and 4:30pm.

NOV 16:

Slides for Lecture 10 now available.
Job Opening: Dochester capital see further details in the Information subdirectory

NOV 1:

THE SOLUTIONS TO THE MIDTERM EXAM ARE POSTED IN THE EXAMS SUBDIRECTORY
SLIDES FOR LECTURES 6 to 9 ARE NOW AVAILABLE FOR DOWNLOAD

OCT 27:

STUDENTS THAT DID NOT PICK UP THE MIDTERM IN CLASS YESTERDAY CAN COME AND PICK IT UP FROM ME OR MY ASSISTANT KAREN KERBS IN BAXTER 332.
CLARIFICATIONS TO THE MIDTERM EXAM RULES ARE POSTED AS MIDTERM GUIDELINES IN THE EXAMS SUBDIRECTORY
I will be available to answer questions and problems your may have and to provide clarifications you may require prior to taking the MIDTERM TODAY WEDNESDAY OCT 27 AND TOMORROW OCT 28 FROM 2 to 4PM.

OCT 25:

REMINDER - HOMEWORK 3 IS DUE THIS TUESDAY OCTOBER 26th. Homework 3 due date is unchanged, even though the make up class was postponed to November 4th.
JOB OPENING - From Brad Cornell, Professor of Finance at UCLA: "In addition to UCLA, I am a Senior Consultant to Charles River Associates. Our LA office is at the corner of Wilson and Colorado about 5 blocks above Caltech. We are actively hiring and thought you might have some students who want to talk with us. The finance practice is involved in many of the major wall street cases. We use state of the art finance and econometrics, so it is an intriguing job. Have any interested students contact me by email." email: BCornell@crai.com

OCT 21:

NO MAKE UP LECTURE TONIGHT - BY STUDENTS REQUEST THE MAKE UP CLASS IS POSTPONED TO THURSDAY NOVEMBER 4th, MOORE 080, 7 to 10PM
Milton Chang will be talking TODAY at 4pm in Avery Library, Topic "Insights on Entrepreneurship"

OCT 18:

I have posted the slides for most of the second part of lecture 3. The last 10 or so slides should be posted tonight.
PLEASE COME AND COLLECT THE CASES FROM K. KREBS IN BAXTER 332F. YOU NEED TO READ THE FIRST ONE FOR NEXT LECTURE

OCT 1:

CLASS ROOM CHANGE: The classroom for the course has been moved to Moore 080, which is a lecture hall in the subbasement of the Moore Laboratory building. Note that the Moore Building is locked in the evening. Security will unlock the building to let the class in from 6:55pm to 7:15pm and relock the door promptly at 7:15pm. Hence you will be unable to enter the building and get to the classroom after 7:15. It is thus important to be there on time.

Also security and the Moore Building occupants ask us NOT TO PROP THE BUILDING DOOR OPEN as much valuable equipment is located there unlocked and they have experienced a raft of equipment disappearance recently. Please help me comply with this policy as we are using the class room with their kind help.