EM3E5M54
Program
PGE
PGE 3A -Finance (FIN)
PGE 3A -Finance (FIN)
UE
Seminars in Finance
Semester
B
Discipline
Finance
Contact hours
24 H
Number of spots
45
ECTS
5
Open to visitors
Yes
Language
Coordinator
Jean-Loup SOULA
List of lecturers
| Lecturer(s) | Contact hours - lecture | |
|---|---|---|
| Jean-Loup SOULA | jlsoula@unistra.fr | 24 h |
Pedagogical contribution of the course to the program
LEARNING GOAL 1 : Students will master state-of-the-art knowledge and tools in management fields in general, as well as in areas specific to the specialized field of management. |
|---|
| Students will identify a business organization’s operational and managerial challenges in a complex and evolving environment. |
| Students will understand state-of-the-art management concepts and tools and use them appropriately. |
| Students will implement appropriate methodologies to develop appropriate solutions for business issues. |
| LEARNING GOAL 4: Students will study and work effectively in a multicultural and international environment. |
| Students will demonstrate written and oral competency in two foreign languages. |
| Students will analyze business organizations and problems in a multicultural and international environment |
Description
This course is designed to provide a basic understanding of derivative-related financial instruments (mainly options) and introduce the analytics of derivative valuation. Knowledge of basic pricing analysis, use of pricing models, and trading and hedging strategies are developed. Students are first introduced to the basic techniques for pricing, hedging, and other analysis. And then, these techniques will be applied through an Introduction of hedging strategies.Teaching methods
Face-to-face
- Lectures- Tutorials
- E-learning
In group
- ExercisesInteraction
No items in this list have been checked.Others
No items in this list have been checked.Learning objectives
Cognitive domain
Upon completion of this course, students should be able to- - (level 1) Define derivatives
- - (level 1) Recognize arbitrage opportunities
- - (level 1) Outline regulations of derivative markets
- - (level 2) Give example(s) of derivatives use
- - (level 2) Describe market mechanics
- - (level 3) Employ and exploit trading stratgies on equity options
- - (level 4) Distinguish trading strategies according to their objective (speculation, hedging...) with derivatives
- - (level 5) Construct strategies based on the call-put parity
Affective domain
Upon completion of this course, students should be able toNone affective domain have been associated with this course yet
Outline
1. Forward Contracts 2. Futures Contacts 3. Interest Rate Derivatives 4. Swaps 5. OptionsNo prerequisite has been provided
Knowledge in / Key concepts to master
Elementary Analysis, Linear Algebra and Probability Theory Basics in MicroeconomicsArbitrage
Teaching material
Mandatory tools for the course
- Computer- Calculator
Documents in all formats
- Photocopies- Worksheets
- Other :
Moodle platform
- Upload of class documents- Assessments
Software
No items in this list have been checked.Additional electronic platforms
No items in this list have been checked.Recommended reading
1. Hull, John C. Options, Futures, and Other Derivatives, 10th (or 9th) Edition, Pearson, 2017 (2014) 2. Hull, John C. Solutions Manual for Options, Futures, and Other Derivatives, 10th (or 9th) Edition, Pearson, 2017(2014). 8th edition is probably much less expensive and works well for this course
No reading material has been provided.
EM Research: Be sure to mobilize at least one resource
Textbooks, case studies, translated material, etc. can be enteredNo reading material has been provided.
Assessment
List of assessment methods
Intermediate assessment / continuous assessment 1Other (date, pop quiz, etc.) : 3 dates
Written (40 Min.) / Individual / English / Weight : 25 %
Details : Three continuous exam on Moodle around 30-40 min each.
This evaluation is used to measure LO1.1, LO1.2, LO1.3
Written (40 Min.) / Individual / English / Weight : 25 %
Details : Three continuous exam on Moodle around 30-40 min each.
This evaluation is used to measure LO1.1, LO1.2, LO1.3
Final evaluationLast class
Written (120 Min.) / Individual / English / Weight : 75 %
Details : Final exam on Moodle
This evaluation is used to measure LO1.1, LO1.2, LO1.3
Written (120 Min.) / Individual / English / Weight : 75 %
Details : Final exam on Moodle
This evaluation is used to measure LO1.1, LO1.2, LO1.3