FIN 425 - Financial Derivtvs & Risk Mgmt

Credits: 3
The specific types of derivative securities we examine include forward and futures contracts, swaps, and options. Topics covered in this class include the role of derivative instruments in the capital markets; the mechanics of forward and futures, swaps, and options; and hedging strategies based on derivatives for the purpose of mitigating various types of risk. We will also introduce basic pricing techniques that are derived from a no-arbitrage relationship in a well-functioning market.

Prerequisite(s): FIN 304.