| Type: | Postgraduate Subject |
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| Code: | FINC71-305 |
| EFTSL: | 0.125 |
| Faculty: | Bond Business School |
| Semesters offered: |
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| Credit: | 10 |
| Study areas: |
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| Subject fees: |
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Description
This advanced finance subject explores the concept of derivatives and their associated pricing, hedging and trading strategies. This includes the rationale underlying derivative market structures and mechanics and the application and pricing of derivative products.
Subject details
Learning outcomes
- Demonstrate advanced knowledge of the contractual features and properties of forwards, futures, options and credit derivatives on a range of underlying assets and commodities.
- Apply appropriate models to price forwards, futures, options and credit derivatives and be able to reproduce the mathematical derivations and economic rationale underlying these models.
- Demonstrate the ability to use option trading strategies and spreads and communicate the favourable financial conditions for each.
- Demonstrate the ability to apply and explain structural, reduced form and transition intensity-based approaches to modelling credit risk.
- Investigate several computational derivative and asset pricing models and produce a report to communicate the potential impacts of these methodologies.
Enrolment requirements
| Requisites: |
Nil |
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| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge. Assumed Prior Learning (or equivalent):
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| Restrictions: |
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Subject outlines
- May 2025 [Standard - Financial Derivatives]
- September 2023 [Standard - Financial Derivatives]
- September 2022 [Standard - Financial Derivatives]
- September 2021 [Standard - Financial Derivatives]
- September 2019 [Standard - Derivative Products]
- September 2018 [Standard - Derivative Products]
- September 2017 [Standard - Derivative Products]
Subject dates
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May 2025
Standard Offering Enrolment opens: 23/03/2025 Semester start: 19/05/2025 Subject start: 19/05/2025 Last enrolment: 01/06/2025 Teaching census: 13/06/2025 Withdraw - Financial: 14/06/2025 Withdraw - Academic: 05/07/2025
| Standard Offering | |
|---|---|
| Enrolment opens: | 23/03/2025 |
| Semester start: | 19/05/2025 |
| Subject start: | 19/05/2025 |
| Last enrolment: | 01/06/2025 |
| Teaching census: | 13/06/2025 |
| Withdraw - Financial: | 14/06/2025 |
| Withdraw - Academic: | 05/07/2025 |