Text book: Options, Futures, and other Derivatives, by John C. Hull. Course
Description: This course serves an introduction to derivative markets. Options,
futures ...
International Financial Management Instructor: Dr. Jianying Qiu
Phone: 0043 (0)1 4277 38073
Email:
[email protected]
Class hours: Monday 15:00—17:00
Class room: See schedule
Office Hour: Tuesday 10:00 – 12:00
Location: Room 121 (1st floor, above WIWI service)
Text book: Options, Futures, and other Derivatives, by John C. Hull Course Description: This course serves an introduction to derivative markets. Options, futures, forward contracts, swaps, etc. will be introduced. The operation of derivative markets will be explained. The valuation of assets will be briefly discussed. Course Requirements: You should have basic understanding in finance and economics. And you should know basic mathematics about solving simple maximization problems, e.g. simple first order derivatives. Structure of the course: 1. 2. 3. 4. 5. 6. 7. 8. 9.
Chapter 1: Introduction Chapter 2: Mechanics of Futures markets Chapter 3: Hedging strategies using futures Chapter 5: Determination of forward and futures price Chapter 7: Swaps Chapter 8: Mechanics of options markets Chapter 9: Properties of stock options Chapter 11: Binomial trees Chapter 13: The Black-Scholes-Merton model
Regular attendance in class: You will be able to obtain up to 20 points by attending the course regularly. Absence
Points
0-1
20
2
18
3
15
4
10
5
5
>5
0
Exercises: From time to time there will be exercises during the class. By answering them correctly, you could earn additional -1 to +2 points.
Participation in two written exams: The exam dates are on the next slide. Please note the exam dates now, and keep them free from any other obligations. There will be 40 points in each exam. You will need to obtain more than 50 points in total (the two exams + the attendance points) in order to pass. Lecture and Exam Dates: Mon. 07.03. 15.00 - 17.00
Hörsaal 2
Lecture 1
Mon. 21.03. 15.00 - 17.00
Hörsaal 2
Lecture 2
Mon. 28.03. 15.00 - 17.00
Hörsaal 2
Lecture 3
Mon. 04.04. 15.00 - 17.00
Hörsaal 1
Lecture 4
Mon. 11.04. 15.00 - 17.00
Hörsaal 2
Lecture 5
Mon. 02.05. 15.00 - 17.00
Audimax
Lecture 6
Mon. 09.05. 15.00 - 17.00
Hörsaal 1
Lecture 7
Mon. 16.05. 15.00 - 17.00
Audimax
Exam 1
Mon. 23.05. 15.00 - 17.00
Audimax
Lecture 8
Mon. 30.05. 15.00 - 17.00
Hörsaal 2
Lecture 9
Mon. 06.06. 15.00 - 17.00
Hörsaal 2
Lecture 10
Mon. 20.06. 15.00 - 17.00
Hörsaal 5
Lecture 11
Mon. 27.06. 18.00 - 20.00
Audixmax
Exam 2