This site is only meant to be temporary. Link to Canvas items such as assignments and quizzes won't work.
COURSE OBJECTIVES
Understand the fundamentals of derivatives valuation. Value forwards, futures, options, and swaps. Understand the use of financial derivatives as risk management or speculative tools. Use numerical methods such as binomial trees to value derivatives.
Student Learning Objectives
Course organization
Office Location: HH3519
Office Phone: (262) 472-3209
Department: Finance and Business Law
Electronic Office Hours: When ever I am not driving sleeping, or anything that prevents me from checking my phone.
Email: [email protected]
The best way to contact me is via email at [email protected]. During the week, you can expect a response from me within 24 hours. Check the News area for the latest announcements for the class. Please look at the Calendar area for important dates and timelines. Be sure to also check and use the Raise Your Hand Discussion Forum. I check all messages very regularly and respond as quickly as I can.
REQUIRED TEXT BOOK
John C. Hull, Options, Futures and Other Derivatives, 10/E
Look for: VitalSource Bookshelf in the navigation. [CANVAS ONLY]
Required software
The course requires the use of Microsoft Excel and Microsoft Word.
Useful resource
http://www.uww.edu/icit/services/lynda (Links to an external site.)
http://www.wolframalpha.com/ (Links to an external site.)
Reference Books
CFA Program Curriculum [yyyy] Volumes
Steven E.. Shreve. Stochastic Calculus for Finance: The Binomial Asset Pricing Model. I. Springer, 2004.
Shreve, Steven E. Stochastic calculus for finance II: Continuous-time models. Vol. 11. Springer Science & Business Media, 2004.
Stirzaker, David. Elementary probability. Cambridge University Press, 2003.
We will have weekly assignments to make sure you are progressing through the material.
There are three exams.
Exam #1 will test your learning on Forwards and Futures.
Exam #2 will test your learning on Swaps.
Exam #3 will test your learning on Options.
Go to Module [1]
COURSE OBJECTIVES
Understand the fundamentals of derivatives valuation. Value forwards, futures, options, and swaps. Understand the use of financial derivatives as risk management or speculative tools. Use numerical methods such as binomial trees to value derivatives.
Student Learning Objectives
- Describe and classify different financial derivatives.
- Describe and distinguish forward and futures contracts.
- Identify arbitrage opportunities from sample examples and construct arbitrage portfolios to exploit them.
- Apply valuation methods to Forwards, Futures, Options, SWAPS, and credit derivatives.
- Employ market data to design risk management strategies using Futures, Options, SWAPS, and credit derivatives.
- Apply speculative strategies using futures, options, equity, exchange traded funds (ETF) and leveraged ETF in a trading simulation.
Course organization
- The course is organized into 3 topics.
- Financial Forwards and Futures
- SWAPS
- Financial Options
- Each topic is divided into multiple modules.
- The material is conveniently distributed 1 module per week of class.
Office Location: HH3519
Office Phone: (262) 472-3209
Department: Finance and Business Law
Electronic Office Hours: When ever I am not driving sleeping, or anything that prevents me from checking my phone.
Email: [email protected]
The best way to contact me is via email at [email protected]. During the week, you can expect a response from me within 24 hours. Check the News area for the latest announcements for the class. Please look at the Calendar area for important dates and timelines. Be sure to also check and use the Raise Your Hand Discussion Forum. I check all messages very regularly and respond as quickly as I can.
REQUIRED TEXT BOOK
John C. Hull, Options, Futures and Other Derivatives, 10/E
Look for: VitalSource Bookshelf in the navigation. [CANVAS ONLY]
Required software
The course requires the use of Microsoft Excel and Microsoft Word.
Useful resource
http://www.uww.edu/icit/services/lynda (Links to an external site.)
http://www.wolframalpha.com/ (Links to an external site.)
Reference Books
CFA Program Curriculum [yyyy] Volumes
Steven E.. Shreve. Stochastic Calculus for Finance: The Binomial Asset Pricing Model. I. Springer, 2004.
Shreve, Steven E. Stochastic calculus for finance II: Continuous-time models. Vol. 11. Springer Science & Business Media, 2004.
Stirzaker, David. Elementary probability. Cambridge University Press, 2003.
We will have weekly assignments to make sure you are progressing through the material.
There are three exams.
Exam #1 will test your learning on Forwards and Futures.
Exam #2 will test your learning on Swaps.
Exam #3 will test your learning on Options.
Go to Module [1]