Futures and Options
Objectives
This course is designed for students who are not necessarily from the area of Finance or have not yet completed or followed the course of Investments. Its content is intended to be an introduction to derivatives, focusing on their economic content, strategic use and little mathematics. We introduce the basics derivatives instruments namely futures, forwards, swaps and options. The last four classes (on options) repeat material taught in the course of Investments. The course is also about financial markets in the sense that explores the uses of such instruments, their pricing principles and trading mechanisms.
General characterization
Code
2257
Credits
3.5
Responsible teacher
João Amaro de Matos
Hours
Weekly - Available soon
Total - Available soon
Teaching language
English
Prerequisites
Bibliography
RESOURCES.
Teaching method
- Lectures in class (twice a week);
- Weekly quizzes on Moodle in order to revise regularly the material;
- Students must follow the Khan Academy topics in order to prepare for classes;
- An intermediate case study to be prepared and presented in group;
- Final exam;
Evaluation method
• Case studies 25%
• Quizzes 25%
• Final Exam 50%
The Final Exam is not composed of exercises similar to those in the quizzes or those used in class as examples. Students are assumed to study beyond those exercises and examples and be able to use the general principles to solve other related problems
Subject matter
Programs
Programs where the course is taught: