Courses Exchange Display 2024-2025
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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 |
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 |
This course has been cancelled for the:
* pre-master Financial Economics * pre-master International Business specialisation Strategic Corporate Finance * pre-master International Business specialisation Sustainable Finance See the Bachelor Education and Examination Regulations for more information. The following rule applies to pre-master Financial Economics students who started the programme prior to academic year 2022-2023. And also to pre-master students who started the programme prior to academic year 2023-2024. Specifically: * Pre-master International Business specialisation Strategic Corporate Finance * Pre-master International Business specialisation Sustainable Finance TRANSITIONAL REGULATION (EBC2053): Students who have not been able to successfully complete "Options and Futures" (EBC2053) before 2024-2025, do not comply with the requirement to successfully complete the pre-master in two academic years. Therefore, no additional examination options will be available. This course is in transition for the bachelor Fiscal Economics. See the Bachelor Education and Examination Regulations for more information. The following rule applies to bachelor Fiscal Economics students. TRANSITIONAL REGULATION (EBC2053): The bachelor Fiscal Economics has been discontinued. There will be repeat education for year 1 and year 2 courses up to and including academic year 2025-2026 and exam-only up to and including academic year 2026-2027. For year 3 courses there will be repeat education up to and including 2026-2027 and exam-only up to and including academic year 2027-2028. Whether a course is in transition, cancelled, or replaced may depend on the cohort you are in. Sometimes there are additional criteria. It is therefore very important to carefully read the EER and any addendum so you can apply the rules to your individual situation. 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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