EF4420 - Derivatives Analysis and Advanced Investment Strategies

Offering Academic Unit
Department of Economics and Finance
Credit Units
Course Duration
One Semester
Exclusive Courses:
Course Offering Term*:
Semester B 2014/15
Semester B 2015/16 (Tentative)

* The offering term is subject to change without prior notice
Course Aims

This course aims to develop students’ ability to analyse derivative instruments and markets and use options, futures contracts and swaps to do hedging, arbitrage and risk management. Key topics include forward and futures contracts, forwards pricing, interest rate and currency swap, option contracts, Option pricing (Black-Scholes, binomial tree, risk neutral method), and Greeks and hedging. In addition to highly engaging lectures and periodic assignments, students will learn how to price options using a simple Excel template in projects.

Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 50%
Examination: 50%
Examination Duration: 3 hours
Detailed Course Information


Useful Links

Department of Economics and Finance