Syllabus

LEARNING OUTCOMES

By the end of the course students will be able to show detailed understanding of the derivatives markets, the instruments and the principles of risk management. The course reflects both theory and practice and it covers diverse areas such as equity, index, foreign currency, commodity and fixed income derivatives.

Credits: 6

Schedule: 08.01.2024 - 21.02.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Joni Kokkonen, Matti Suominen, Yuqi Zheng

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

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

• valid for whole curriculum period:

  Main topics are arbitrage, binomial models, Black & Scholes model, extensions to Black & Scholes model, interest rate derivatives, exotic options, and issues in risk management.

Assessment Methods and Criteria

• valid for whole curriculum period:

  1. Lectures
  2. Exercises and cases  
  3. Written examination . The examination will be based on the lectures, handouts and the course literature.

Workload

• valid for whole curriculum period:

  Classroom hours  
  Exercise hours  
  Class preparation  
  Exercise preparation  
  Exam preparation  
  Exam 

DETAILS

Substitutes for Courses

• valid for whole curriculum period:

  Substitutes for Courses

Prerequisites

• valid for whole curriculum period:

  Prerequisites

FURTHER INFORMATION

Further Information

• valid for whole curriculum period:

  This course is an online course.

  Teaching Language : English

  Teaching Period : 2022-2023 Spring III
  2023-2024 Spring III

  Enrollment :

  The course is mandatory for BIZ finance major students. Optional course offered in minor in finance.

Description