FRE 6291 Options and Derivatives

1.5 Credits

This course covers basic derivatives, including futures contracts, forward contracts, option and swap contracts. The focus is on the application of these instruments by financial institutions. Basic valuation concepts and the use of derivatives for speculative purposes, hedging purposes and arbitrage are discussed, as are the specifics of the contracts and the markets in which they trade. Also discussed are financial derivatives, such as interest rate, currency and equity contracts; and commodity contracts and specialty contracts, such as insurance derivatives and credit derivatives.

Prerequisite(s): FRE 6003
,
FRE 6023
and
FRE 6103
.
Weekly Lecture Hours: 1.5 | Weekly Lab Hours: 0 | Weekly Recitation Hours: 0