Derivatives
| Code | School | Level | Credits | Semesters |
| BUSI3123 | Nottingham University Business School China | 3 | 10 | Autumn China |
- Code
- BUSI3123
- School
- Nottingham University Business School China
- Level
- 3
- Credits
- 10
- Semesters
- Autumn China
Summary
PRE-REQUISITE
Please note that for this module, the following co-requisite applies:
BUSI3190 Financial Markets: (Theory and Computation)
(Please ignore Requisites: N/A below)
Introduction to futures markets; stock and stock index futures; currency forward and futures; commodity and interest rate futures; introduction to options; stock options and trading strategies; the binomial tree; the Black and Scholes model; option-implied volatility.
Re-assessment format is decided by the school.
Target Students
Optional for FAM, IBE, IBM students.Available to JYA/Erasmus students.
Classes
- One 2-hour lecture each week for 11 weeks
Assessment
- 100% Exam 1 (2-hour): 2-hour exam
Assessed by end of autumn semester
Educational Aims
The module aims at providing a systematic and in-depth introduction to the derivative securities and markets. With a focus on futures and options written on stocks, indices, foreign exchange rates, interest rates, and commodities, the module will examine the characteristics, market and trading, pricing, and application of these products. More recent derivative instruments such as the volatility derivatives will also be discussed.Learning Outcomes
•The development, access and operation of markets for resources, goods and services
•The sources, uses and management of finance.
•The management of resources
•The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
•The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
•The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making
•Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena
•Communication and listening including the ability to produce clear, structured business communications in a variety of media.
•Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time
•Articulating and effectively explaining information
Conveners
- Dr Wei HUANG