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Common Class Policies

Your instructor may choose to enforce all or waive all of the common MSMF course policies below. However, unless you are explicitly told otherwise, please assume that all polcies apply to your course.

Class attendance

Attendance is taken every week and students may be assigned a failing grade missing an excessive number of class periods, in whole or part. Students can be absent for two 80-minute periods without an excuse. Additional absences must be excused in writing. Unexcused absences may negatively impact course grade.

If you miss or expect to miss even one class, please use the University Absence Reporting website to indicate the date and reason for your absence. An email is automatically sent to instructor for that course.


Assignments may be submitted at the beginning of class each week only — assignments left in mailboxes, under office doors, given to departmental staff, emailed, faxed, or mailed are not accepted. No late homework is accepted, for any reason. Instead, some instructors may offer to drop one or two lowest scores for all students. Students may work together on assignments provided their submissions represent fair individual efforts. Assignments must be legible, stapled (no paper clips or loose sheets), and use US letter-size paper. Assignments which are not collected when returned in class are discarded.

Exam attendance

Make-up exams are not permitted. In a genuine emergency, such as a documented medical condition, students are expected to make every reasonable effort to contact the instructor in advance.

Incomplete grades

Incomplete grades are not given. Students who do not have adequate preparation or time to complete assignments or study for exams during the semester should not take the course.

Academic integrity

Students are expected to adhere to the academic integrity code.

Work-study balance

For students with work authorization (on or off campus), part or full time employment is an important method of financing educational expenses. However, to ensure satisfactory academic progress, please understand the need to maintain a realistic balance between the number of work and study hours per week. The graduate courses in our program are intensive and you should budget at least ten (10) uninterrupted hours per week for each course, including lecture hours. The following guidelines are intended as a rough guide only and actual recommendations will vary from student to student:

Number of courses 5 4 3 1 or 2
Maximum recommended weekly employment hours 0 0 to 10 10 to 20 20 to 40

Many employers allow a flexible schedule and time off for office hours or exam preparation, in addition to tuition benefits. However, if you experience difficulty finding time to complete homework assignments or prepare for exams or find that your homework or exam grades are falling below average (B), you should either reduce the number of employment hours per week or reduce the number of courses per semester, keeping in mind that the Graduate School requires students to complete their master's degrees within three (3) years. It is the responsibility of the student to be informed of the Registrar's calendar of drop or withdrawal dates.

Withdrawal dates

You are responsible for being aware of all deadlines, including those for course refunds or withdrawals. Please contact the Registrar if you are in any doubt regarding drop or refund deadlines.

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Mathematical Finance Master's Program

Department of Mathematics, Hill 348
Hill Center for Mathematical Sciences
Rutgers, The State University of New Jersey
110 Frelinghuysen Road
Piscataway, NJ 08854-8019

Email: finmath (at)
Phone: +1.848.445.3920
Fax: +1.732.445.5530