Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

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 volatility derivatives.

Credits: 6

Schedule: 21.04.2021 - 04.06.2021

Teacher in charge (valid 01.08.2020-31.07.2022): Katja Ahoniemi

Teacher in charge (applies in this implementation): Katja Ahoniemi

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    Derivatives pricing, risk management, credit risk and credit derivatives, implied volatility and volatility derivatives

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    50% exam
    50% assignments

Workload
  • Valid 01.08.2020-31.07.2022:

    Contact teaching 34h
    Independent work 125h
    Exam 3h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Lecture notes, exercises, cases, academic articles, and textbook: John C. Hull: Options, Futures and Other Derivatives, 10th edition

    (E-book)

    Availability

    Learning center

    Availability

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Derivatives and Risk Management, or Derivatives and Fixed Income, or another introductory course in derivatives

SDG: Sustainable Development Goals

    1 No Poverty

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Description

Registration and further information