Courses Bachelor Display 2023-2024

Course Description To PDF
Course title Options and Futures
Course code EBC2053
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
5 15-4-2024 7-6-2024 X X
Level Intermediate
Coordinator Paulo Rodrigues
For more information: p.rodrigues@maastrichtuniversity.nl
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.
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.
Literature
J.C. Hull, Fundamentals of Futures and Options Markets, 2008, Prentice Hall, 6th edition
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
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
Bachelor Economics and Business Economics - Economics Year 3 Business Elective(s
Bachelor Economics and Business Economics - Emerging Markets Year 3 Elective Course(s)
Bachelor Economics and Business Economics - Economics and Management of Information Year 2+3 Elective Course(s)
Bachelor Economics and Business Economics - International Business Economics Year 3 Business Elec(s) - Maj Inf Mgmt
Bachelor Economics and Business Economics - International Business Economics Year 3 Business Elec(s) - Maj Macro
Bachelor Economics and Business Economics - International Business Economics Year 3 Business Elec(s) - Maj Micro
Bachelor Economics and Business Economics - International Business Economics Year 3 Core Course(s) - Maj Finance
Bachelor Econometrics and Operations Research Year 3 Elective Course(s)
Bachelor Fiscal Economics Year 3 Elective Course(s)
Bachelor International Business - Emerging Markets Year 3 Elective Course(s)
Bachelor International Business Year 3 Business Elec(s) - Maj Accounting
Bachelor International Business Year 3 Business Elec(s) - Maj Inf Mgmt
Bachelor International Business Year 3 Business Elec(s) - Maj Marketing
Bachelor International Business Year 3 Business Elec(s) - Maj Org
Bachelor International Business Year 3 Business Elec(s) - Maj SCM
Bachelor International Business Year 3 Business Elec(s) - Maj Strategy
Bachelor International Business Year 3 Core Course(s) - Maj Finance
Transitional Regulations See prerequisites
SBE Exchange Bachelor Bachelor Exchange Courses
SBE Exchange Master Bachelor Exchange Courses
SBE Non Degree Courses Bachelor Courses