MN30507: Financial markets - derivatives
[Page last updated: 09 August 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | School of Management |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Honours (FHEQ level 6) |
| Period: |
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| Assessment Summary: | CW 20%, EX 80% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | Before taking this module you must ( take MN10311 OR take MN10669 ) AND ( take MN20026 OR take MN20502 ) . Only students who have an aptitude for calculus, matrix-algebra and basics of stochastic processes are advised to take this unit. |
| Learning Outcomes: |
By the end of this unit, the student should be able to:
* value fixed income securities and derivatives * manage risk using derivatives * critically discuss current market events. |
| Aims: | The module aims to provide students with understanding of fixed income securities and derivatives, their suitability for risk assessment and financial decision making. |
| Skills: | Intellectual Skills
* the facility to apply subject-specific knowledge into a range of complex situations; TFA * a critical awareness of current issues and frameworks in equity markets; F * the ability to acquire and analyse data, information and situations; to evaluate relevance and validity, and to synthesise it in the context of finance problems; FA * an understanding of appropriate research and methodological techniques that allow detailed investigation of problems and ability to use these skills to produce professional and critical reports. A Professional Practical Skills * evaluate the current standing of theories and empirical evidence and suggest improvements to them; TFA * operate effectively both independently as well as within teams and assume leadership roles where appropriate; FA * be self-directed and able to act autonomously in planning and implementing. F Transferable/Key Skills * ability to conduct in-depth research into finance problems. FA Personal/Interpersonal * the facility to communicate including presenting and marketing themselves and their ideas. FA |
| Content: | Interest rates, Bonds Valuation and Risk, Mortgages, MBS and CDOs, Securitization, Futures, Options pricing, Swaps, FX Derivatives, Credit Derivatives. |
| Course availability: |
MN30507 is Optional on the following courses:School of Management
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Notes:
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