Credits: 6
Schedule: 15.04.2019 - 31.05.2019
Teacher in charge (valid 01.08.2018-31.07.2020):
Katja Ahoniemi
Teaching Period (valid 01.08.2018-31.07.2020):
V (Spring 2019) Otaniemi campus
V (Spring 2020) Otaniemi campus
Learning Outcomes (valid 01.08.2018-31.07.2020):
By the end of the course students will be able to show detailed understanding of the pricing of various types of derivative instruments. Students will understand how corporations use derivatives in practice to hedge financial risks, the concept of credit risk and credit derivatives, the concept of implied volatility, and how volatility can be modeled.
Content (valid 01.08.2018-31.07.2020):
Derivatives pricing, risk management, credit risk and credit derivatives, volatility modeling
Assessment Methods and Criteria (valid 01.08.2018-31.07.2020):
50% exam
50% assignments
Workload (valid 01.08.2018-31.07.2020):
Contact teaching 34h
Independent work 125h
Exam 3h
Study Material (valid 01.08.2018-31.07.2020):
Lecture notes, exercises, cases, academic articles, and textbook: John C. Hull: Options, Futures and Other Derivatives, 10th edition
(E-book)
Availability
Learning center
Prerequisites (valid 01.08.2018-31.07.2020):
Derivatives and Risk Management, or Derivatives and Fixed Income, or another introductory course in derivatives
Grading Scale (valid 01.08.2018-31.07.2020):
0-5
Registration for Courses (valid 01.08.2018-31.07.2020):
Via WebOodi
Further Information (valid 01.08.2018-31.07.2020):
A maximum of 70 students can be accepted to the course.
- Students at Aalto Finance M.Sc. programme (i.e. who have graduated as B.Sc.) will be guaranteed a seat on Finance M.Sc. courses. Finance M.Sc. students re-taking the course (grade already registered in WebOodi) will not be prioritized and can participate only if there are places remaining.
- CEMS students are similarly guaranteed a seat for Finance M.Sc. courses, which have been designated as CEMS courses.
Remaining seats are prioritized as follows, in the order of registration in WebOodi within one category:
1. Finance M.Sc. exchange students from other universities
2. Aalto Finance B.Sc. students with a finished B.Sc. thesis (registered in transcript of records)
3. All other BIZ M.Sc. students
Please follow carefully the registration deadlines of the courses and exams! Missing registration deadline automatically foregoes a guaranteed seat for Finance M.Sc. courses and puts prospective student at the bottom of the prioritization list.
Students may be required to confirm their registration by signing the participation list circulated during the first lecture.
- Teacher: Ahoniemi Katja