Course Co-ordinator: Professor R Buckland

Pre-requisite(s): AC 30** Corporate Finance.

Risk modelling
Futures
Futures and hedging
Pricing and regulatory issues
Decomposition and synthesis
Option pricing
Real options and option applications
Portfolio performance
Treasury management
Development of pricing models
Regulation and accounting for derivatives

The course comprises:

• a series of 24 lectures
• a series of 6 fortnightly one-hour seminars
• a series of 12 weekly one-hour computer classes.

1st Attempt: There are two elements to assessment:
1. Continuous assessment

• Group presentation (5%)
• Individual report,maximum 2,500 words (25%)

2. Examination

• objective test (20%)
• 1 two-hour closed book examination (50%).

Resit: An objective test and 1 two-hour closed book examination.
Previous coursework will be taken into account unless doing so would cause a student who passed the resit exam to fail the course overall, in which case the overall mark will be CAS 9. There is no August resit opportunity.