# Finance 4366 Grades on Canvas

Here is a “heads-up” about the Finance 4366 grade book on Canvas.  There, you will find grade averages that reflect 1) attendance grades for the 12 class meetings which have occurred to date, 2) quizzes 1-7, and 3) problem sets 1-5.  Thus, your current (February 25) course numeric grade is based on the following equation:

(1) Current Course Numeric Grade = (.10(Class Attendance) +.10(Quizzes) +.20(Problem Sets))/.4

Note that equation (1) is a special case of the final course numeric grade equation (equation (2) below) which also appears in the “Grade Determination” section of the course syllabus:

(2) Final Course Numeric Grade =.10(Class Attendance) +.10(Quizzes) +.20(Problem Sets) + Max{.20(Midterm Exam 1) +.20(Midterm Exam 2) +.20(Final Exam), .20(Midterm Exam 1) +.40(Final Exam), .20(Midterm Exam 2) +.40(Final Exam)}

Going forward, my goal is for the Finance 4366 grade book to dynamically incorporate new grade information on a timely basis for each student, in a manner consistent with the final course numeric grade equation.  For example, after midterm 1 grading is complete, equation (3) will be used to determine your numeric course grade:

(3) Course Numeric Grade after Midterm 1 = (.10(Class Attendance) +.10(Quizzes) +.20(Problem Sets) +.20(Midterm 1))/.6

After midterm 2 grades are recorded, equation (4) will be used to determine your numeric course grade at that point in time:

(4) Course Numeric Grade after Midterm 2 = (.10(Class Attendance) +.10(Quizzes) +.20(Problem Sets) +.20(Midterm 1) +.20(Midterm 2))/.8

After the spring semester and the final exam period are over, all Finance 4366-related grades will have been collected, and I will use equation 2 above to calculate your final course numeric grade.  At that time, your final course letter grade will be based on the following schedule (which appears in the “Grade Determination” section of the course syllabus):

 A 93-100% C 73-77% A- 90-93% C- 70-73% B+ 87-90% D+ 67-70% B 83-87% D 63-67% B- 80-83% D- 60-63% C+ 77-80% F <60%