| Derivative Securities |
|---|
| UoS Code | FINC3012 |
| Credit points | 6 |
| Offered | Semester 2 |
| Prerequisites | (FINC2012 or FINC2002) or (FINC2013 or FINC2003) or (FINC2014 or FINC2004) |
| Assumed Knowledge | Calculus, regression, probability theory, random distributions |
| Prohibitions | FINC3002 |
| Lectures | 2hrs of lectures and 1 tutorial per week |
| Assessment | 1 x Report/sem; Exams; Assignment |
| Description | Options, futures and swaps are derivatives of underlying securities such as commodities, equities and bonds. These types of securities are increasingly used to manage risk exposure and as a relatively low-cost-way of taking a position in a security or portfolio. They are also being used as part of senior management compensation as a way of attempting to align the interests of shareholders with that of management. This unit is designed to provide an introduction to this important area of finance without requiring a high level of mathematical sophistication. However, a strong quantitative base is an advantage. |
| This unit of study is available as part of the following major subject areas |
|---|
|
