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 and assessment

We’re currently reviewing teaching and assessment of our modules in light of the COVID-19 situation. We’ll publish the latest information as soon as possible.

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 30 hours of contact time and about 120 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: