Financial Derivatives (N1559)

15 credits, Level 6

Spring teaching

You examine the markets and look at the trading and valuation of common derivative products such as forwards/futures, swaps and options, as well as equity and interest rate markets.

You look at practical applications of derivatives for hedging or investment purposes, including risk-return profiles, advantages and limitations.

You also explore fundamental concepts of no arbitage and risk neutral pricing and examine the Black Scholes formula. 

Teaching

69%: Lecture
31%: Seminar

Assessment

30%: Coursework (Test)
70%: Examination (Open examination)

Contact hours and workload

This module is 150 hours of work. This breaks down into 32 hours of contact time and 118 hours of independent study.

This module is running in the academic year 2019/20. 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: