Courses Exchange Display 2023-2024
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| Course title | Options and Futures | ||||||||||||||||||||||||||||||||||||||||||
| Course code | EBC2053 | ||||||||||||||||||||||||||||||||||||||||||
| ECTS credits | 6,5 | ||||||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | ||||||||||||||||||||||||||||||||||||||||||
| Period |
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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 |
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 |
TRANSITIONAL REGULATIONS:
This course has been cancelled for the pre-master Financial Economics. This course is in transition within the: * pre-master International Business specialisation Strategic Corporate Finance * pre-master International Business specialisation Sustainable Finance The following rule applies to pre-master Financial Economics students who started the programme prior to academic year 2022-2023. TRANSITIONAL REGULATION (EBC2053): Students who have not been able to successfully complete Options & Futures (EBC2053) before 2023-2024, do not comply with the requirement to successfully complete the pre-master in two academic years as per Article 20.5 paragraph 4 of the SBE BSc-EER 2021-2022. Therefore, no additional examination options will be available to these students for the course Options & Futures (EBC2053). The following rule applies to students who started one of the following programmes prior to academic year 2023-2024: * pre-master International Business specialisation Strategic Corporate Finance * pre-master International Business specialisation Sustainable Finance TRANSITIONAL REGULATION (EBC2053): Repeat the course or replace it with either Investment Analysis and Portfolio Management (EBC2054) in period 1 or Sustainable Financial Management and Policy (EBC2055) in period 2. See the Transitional Regulations section in the Bachelor Education and Examination Regulations for more information. 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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