Courses Exchange Display 2020-2021
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| Course title | Options and Futures | ||||||||||||||||||||||||||||||||||||||||||||||
| Course code | EBC2053 | ||||||||||||||||||||||||||||||||||||||||||||||
| ECTS credits | 6,5 | ||||||||||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | ||||||||||||||||||||||||||||||||||||||||||||||
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| Level | Intermediate | ||||||||||||||||||||||||||||||||||||||||||||||
| Coordinator |
Paulo Rodrigues For more information: p.rodrigues@maastrichtuniversity.nl |
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| Language of instruction | English | ||||||||||||||||||||||||||||||||||||||||||||||
| Goals |
This course offers an introduction to options, forward and futures contracts, the organisation of their markets, their properties, the determination of their price and their use in trading strategies.
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| Description |
PLEASE NOTE THAT THE INFORMATION ABOUT THE TEACHING AND ASSESSMENT METHOD(S) USED IN THIS COURSE IS WITH RESERVATION. THE INFORMATION PROVIDED HERE IS BASED ON THE COURSE SETUP PRIOR TO THE CORONAVIRUS CRISIS. AS A CONSEQUENCE OF THE CRISIS, COURSE COORDINATORS MAY BE FORCED TO CHANGE THE TEACHING AND ASSESSMENT METHODS USED. THE MOST UP-TO-DATE INFORMATION ABOUT THE TEACHING/ASSESSMENT METHOD(S) WILL BE AVAILABLE IN THE COURSE SYLLABUS. The basic valuation models such as the binominal Option Pricing Model and the Black and Scholes Model will be presented and discussed. Investment and hedging strategies, involving stock indices, currencies and interest rates with these new financial instruments will be studied in detail.
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| Literature |
J.C. Hull, Fundamentals of Futures and Options Markets, 2008, Prentice Hall, 6th edition
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| Prerequisites |
Second-year finance course.
Students should be familiar with risk and return and asset pricing concepts. Exchange students need to have taken at least one introductory finance course An advanced level of English |
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| Teaching methods (indicative; course manual is definitive) | PBL / Presentation / Assignment / Groupwork | ||||||||||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Participation / Written Exam | ||||||||||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | ||||||||||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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