Mathematics In Finance
  
    Project and Presentation, 2000
  
  PROGRESS REPORT GUIDELINES
  
This is an intermediate progress report that should show that you are
well under way in the technical aspects of your project.  It should be
several pages long, and well written and professionally formatted.

The first thing I am looking for is that you have made your problem
very definite; that you know exactly what you are trying to do.  Then,
I want to know that you have digested your reference material.  You 
should spend AT LEAST A PAGE explaining in some technical detail the
relevent ideas from your references, why you are using them or why not.
Next, if you have a model, I want to know exactly what it is, again in
technical detail with all parameters identified, even if their values
are still uncertain.  Finally, say how you are going to calibrate
and/or test the model.