Financial Derivatives (932N1)

15 credits, Level 7 (Masters)

Spring teaching

Get up-to-date coverage of the main aspects of financial derivatives.

Gain an overview of:

  • mechanics of futures markets
  • hedging strategies using futures
  • determination of forward and futures prices
  • mechanics of options markets and the swaps
  • Greek letters.

You'll learn the corner stone of financial derivatives – namely the Black-Scholes-Merton Model – and be introduced to Value at Risk.

Teaching

67%: Lecture
33%: Seminar

Assessment

20%: Coursework (Test)
80%: Examination (Unseen examination)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

This module is running in the academic year 2020/21. We also plan to offer it in future academic years. It may become unavailable due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of such changes to modules at the earliest opportunity.

Courses

This module is offered on the following courses: