This course covers the design, use, and pricing of derivative instruments and reviews their role in risk management. Students learn a range of analytical methods, apply these techniques with market data, and communicate their findings to others.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the requirements for this course, students are expected to
have attained proficiency in the following areas:
- Understanding of the motives, reasons and explanations for corporate hedging activity
- Knowledge of key financial building blocks, used in constructing complex derivative instruments (eg futures, forwards, options and swaps)
- Analysis of payoffs and strategies involved in trading derivative instruments and combinations of derivatives
- Application of the pricing of individual and combinations of derivative securities
- Use and benefits of derivatives in a portfolio context.
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
Typical assessment may include, but is not restricted to: in-class quizzes, case studies and assignments.
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.
Requisite and Incompatibility
Preliminary Reading
Assumed Knowledge
Advanced courses in corporate finance, investments, financial intermediation and markets.
Specialisations
Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2019 | $4320 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5700 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 7286 | 27 Jul 2020 | 03 Aug 2020 | 31 Aug 2020 | 30 Oct 2020 | In Person | N/A |