Module code: ECOM026
Credits: 15.0
Semester: SEM2
Contact: Mr Patrick Boyle
The purpose of this module is to provide students with an overview of the theory and practice of pricing and hedging derivative securities. These include forward and futures contracts, swaps, and many different types of options. This module covers diverse areas of derivatives, such as equity and index derivatives, foreign currency derivatives and commodity derivatives, as well as interest rate derivatives. This module also addresses the issue of how to incorporate credit risk into the pricing and risk management of derivatives. All the relevant concepts are discussed based on the discrete time binomial model and the continuous time BlackScholes model. The extensions of the BlackScholes model are also discussed.
Connected course(s): UDF DATA
Assessment: 100.0% Examination
Level: 7
