FIN40160 Derivative Securities

Academic Year 2019/2020

Module Description:
This course provides an introduction to derivative securities. Alternative derivative securities are outlined. This incorporates detailing the properties of these securities. Furthermore, a key aim is to outline how these assets are valued. Also the course demonstrates the use of derivatives in arbitrage, hedging and speculation. Risk, different types of risk, different risk measures, and associated methods of obtaining and validating the risk measures are outlined. Finally, practical applications of derivatives and potential pitfalls are discussed. Throughout the course we will document theoretical and empirical findings from the literature to develop the research skills and knowledge of students.

Show/hide contentOpenClose All

Curricular information is subject to change

Learning Outcomes:

Module Learning Outcomes:
On completion of this module students should be able to:
Describe the different types of derivatives, their uses and the operations of their respective markets.
Explain the use of derivatives in risk management, speculation and arbitrage
Detail the use of hedging and evaluation of hedging.
Describe risk measurement, the alternative measures and methods of obtaining measures.
Describe alternate pricing mechanisms for derivatives
Develop research skills including data analysis and reviewing of salient literature.

Student Effort Type Hours
Lectures

24

Tutorial

10

Specified Learning Activities

78

Autonomous Student Learning

78

Total

190

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final Exam 2 hour End of Trimester Exam Not specified Not yet recorded No

60

Continuous Assessment: Interim Exam Week 6 n/a Not yet recorded No

20

Project: Group Project Unspecified n/a Not yet recorded No

20


Carry forward of passed components
Not yet recorded
 

Not yet recorded

Not yet recorded

Discover our Rankings and Accreditations