Course ID: | FINA 7320. 3 hours. |
Course Title: | Financial Derivatives and Risk Management |
Course Description: | Introduction to derivative security markets, including call and
put options, futures and forward contracts, and swaps. Topics
include the economic role of derivatives, valuation of
derivatives, derivative trading strategies, and managing risk
with derivatives. The course will also focus more on examples
and applications in financial derivatives and financial
engineering. |
Oasis Title: | FINA DERIVATIVES |
Prerequisite: | FINA 7010 or FINA 7020 |
Semester Course Offered: | Offered every year. |
Grading System: | A-F (Traditional) |
|
Course Objectives: | The purpose of this course is to provide an introduction to
derivative securities, the arbitrage relationships associated
with them, and the modeling tools most widely used for
calculating their prices and related hedging parameters, with
an emphasis on futures, stock options, and index options.
Theory and application to risk management with financial
derivatives will also be covered. |
Topical Outline: | Financial Modeling / Excel skills
Options, Forwards, Futures
Hedging
Financial Engineering
Swaps
Structural Equity
Term Structure
VAR
Real Options
Risk Management
International (currency options, futures, forwards and swaps;
exchange rate markets) |