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Courses - Fall 2024
BUFN
Finance Department Site
Open Seats as of
12/26/2024 at 02:30 PM
BUFN660
(Perm Req)
Derivative Securities
Credits: 2
Grad Meth: Reg
Prerequisite: BUFN610.
Restriction: Must be in one of the following programs (Business and Management (Master's); Business and Management (Master's)) ; or permission of BMGT-Robert H. Smith School of Business.
Credit only granted for: BUFN660, BUFN726, BUFN761 or BUFN773.
Formerly: BUFN761.
Introduces standard derivative contracts, including forwards and futures, swaps, and options. Covers the mathematical foundation of valuing derivative contracts, the use of static and dynamic replication strategies, and the concept of no-arbitrage. Derivative securities on various underlying assets (equities, indices, commodities, foreign exchange, etc.) are analyzed using different application contexts.