Financial Derivatives (932N1)
Financial Derivatives
Module 932N1
Module details for 2022/23.
15 credits
FHEQ Level 7 (Masters)
Module Outline
This module provides up-to-date coverage of the main aspects of financial derivatives, covering an overview of the mechanics of futures markets, the hedging strategies using futures, the determination of forward and futures prices, and the mechanics of options markets. Applications of no arbitrage and risk neutral pricing are discussed in detail and are applied to a number of different asset markets. The module also presents the corner stone of financial derivatives, namely the Black-Scholes-Merton Model and provides an in-depth discussion of the applications of implied volatility in financial markets.
Module learning outcomes
Critical awareness of current insights at the forefront of discipline in futures, swaps, options.
Systematic understanding of trading strategies involving derivatives.
Comprehensive understanding of hedging strategies using derivatives.
Critical awareness and overview of the securitization and the credit Crisis of 2007.
| Type | Timing | Weighting |
|---|---|---|
| Coursework | 20.00% | |
| Coursework components. Weighted as shown below. | ||
| Test | T2 Week 7 (1 hour 40 minutes) | 100.00% |
| Report (3000 words) | Semester 2 Assessment Week 1 Tue 16:00 | 80.00% |
Timing
Submission deadlines may vary for different types of assignment/groups of students.
Weighting
Coursework components (if listed) total 100% of the overall coursework weighting value.
| Term | Method | Duration | Week pattern |
|---|---|---|---|
| Spring Semester | Lecture | 2 hours | 11111111111 |
| Spring Semester | Workshop | 1 hour | 11111111111 |
How to read the week pattern
The numbers indicate the weeks of the term and how many events take place each week.
Prof Andreas Kaeck
Assess convenor
/profiles/325776
Mr Diego P. Guisande
Assess convenor
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