Unit name | Derivatives |
---|---|
Unit code | EFIM30028 |
Credit points | 10 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Horvath |
Open unit status | Not open |
Pre-requisites |
EFIM30019 Financial Markets 50% in Corporate Finance summative assessment (EFIM20006) |
Co-requisites |
None |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
This unit introduces some of the most commonly traded and used financial derivatives: futures, forwards, swaps and options.
The unit covers
On successful completion of this unit a student will:
10 x 1 hours of lectures; 5 x 1 hours of classes.
Formative assessment
Formative assessment will be undertaken through classes, where students will receive verbal and, occasionally, written feedback on their work. In addition to comments on their individual work, a 'model answer' will also be provided in order to inform students of what will be expected of them in the examination.
Summative assessment
The unit is assessed via a one-and-a-half-hour examination. The exam will require students to demonstrate their knowledge and understanding of basic financial derivatives contracts.
The exam paper addresses all the learning outcomes.
Main textbook: Hull, J., Options, Futures and Other Derivative Securities, Prentice Hall (global edition)
Additional suitable textbooks:
Hull, J., Fundamentals of futures and options markets, Prentice Hall (latest edition)
McDonald, R.L., Derivatives Markets, Pearson International Edition (latest ed)