代做FINM3405 - Derivatives and Risk Management Semester 2,2023调试数据库编程

FINM3405 - Derivatives and Risk Management

1.General Course Information

1.1 Course Details Course Code:FINM3405

Course Title:Derivatives and Risk Management Coordinating Unit: School of Business

Semester:Semester 2,2023 Mode:External

Level:Undergraduate

Delivery Location:External (administered at St Lucia)

Number of Units:2 Pre-Requisites:

FINM2401 or 2411 or 2412 or 2416

Course Description:ntroduces  forwards,futures  &options  as  securities forisk  management&speculation.Exposures  to  equity  currency,interest rate &commodity risk are examined.Pricing derivatives usinganalytical &numerical techniques.

Assumed Background:

it is beneficial for students to have at least completed an Introduction to Finance coursetogain an understanding of valuation principles and risk concepts.Studentswill also benefit from having completedFINM2415(previously FINM3401).

Before attemptingthis course,students are advised thatit is important to complete the appropriate prerequisite course(s)listed on the front of this course profle.No responsibity willbe accepted by the School of Business,the Faculty of Business,Economics and Law or the University of

Queensland for poor student performance occuring in courses where the apropriate prerequisite(s)has/have not been completed,for any reason whatsoever.

1.2 Course Introduction

In the last three decades,there have been some remarkable losses seenin the financial markets,for example,the October 1987 market crash,1998 LTCMcrisis and the 2007-2008 subprime mortgage crisis,to name buta few.Accordingly,organisations have embracedsoundrisk management practices toavoid exposing themselves to unnecessary financial risks on the onehand,and taking calculated risks on the other In particular, organisations have embraced derivatives as a risk management and hedging vehicle tothe extent that many corporations now feature risk management divisions.Itis likely that risk management issues will continueto arise in the majorityof business scenarios.With these in mind,   thiscourse is designed to equip students with the essential rameworks and tools needed to understand and effectvely manage financial risks.The primary focus will be on pricing derivatives,particularly forward,futures,options and swaps,using variousstate-of-the-art techniques.

Course Changes in Response to Previous Student Feedback

1.3 Course Staff

Course Coordinator:Dr Yong Ming Chen

1.4 Timetable

Timetablesare available on the UQ Public Timetable.(https://my.uq.edu.au/public-timetable)

2.1 Course Aims

The aims of the course are for the student togain a solid understandingof ()the operation of derivatives markets,(i)a widerange ofderivative products and how they can be used to manage and speculate risk,and of (ii valuing derivatives (particularlyforward,futures,options and swaps) using different analytical and numerical methods.

2.2 Learning Objectives

Aftersuccessfully completing this courseyou should beableto:

1 Identify different derivative  products that are available  in the financial market

2     swdprstand  the  operation  of  derivatives  markets(options,futures,forwards  and

3     sMaseteor-hefurtdtecnentguesoncepts in pricing derivativeinstruments using various

4     Pamketstskte how a range of derivative products can be used to hedge and speculate

5     Work collaboratively in a team to collect and analyse financial/derivative data, and price/evaluate different finacial derivatives.

3.Learning Resources

3.1 Required Resources

Lecture notes and other relevantsupporting materials thatcan be downloaded fromBlackboard.

Hull (2022).Options,futures,and other derivatives (Eleventh edition.;Global edition.).Pearson Education Limited.

http://www.pearson.com/store/p/options-futures-and-other-derivatives-global-edition/P200000004519/9781292410654 (http//www.pearson.com/store/p/options-futures-and-other-derivatives-global-edition/P200000004519/9781292410654)

3.2 Recommended Resources

Hull,Treepongkaruna,S,Heaney,R,Pitt,D,&Colwell,D.(2014).Fundamentals offutures and options markets.Pearson Australia a division of Pearson Australia Group Pty Ltd.

Comments:This is a simplifed textbook of the classic John Hulltextbookon"Options,futures and other derivatives",with a focus on the Australasian market.

http://www.pearson.com/store/p/fundamentals-of-futures-and-options-markets-australian-edition/P200000008165/9781486013685 (http://www.pearson.com/store/p/fundamentals-of-futures-and-options-markets-australian-edition/P20000008165/9781486013685)

3.3 University Learning Resources

Access to required and recommended resources,plus past central exam papers,is available at the UQ Library website (http://www.library.uq.edu.au/lr/FINM3405(http://www.library.uq.edu.au/lr/FINM3405)).

The University offers a range of resources and services to support student learning.Details areavailable on the myUQ website (htps:/my.uq.edu.au

(https://student.my.uq.edu.au/).

3.4 School of Business Learning Resources

Notapplicable.

3.5 Other Learning Resources &Information

Learn (Blackboard)

Al courses are supported by the UQ Learning Management System,Blackboard Learn,which provides an interactive environment for the students

and teachers.This is accessible via PC or Macor Mobile(Apps)environment  Tolog on to Blackboard,goto https:/learn.uq.edu.au.(https://learn.uq.edu.au)

·As Blackboardisa web-based application,youwilleed a recenty-released browser for your computer.For thelatestRelease Notes for Bb

Student, see http://en-gb.help.blackboard.com/Bb_Student/z_Release_Notes_Bb_Student (http://en- gb.help.blackboard.com/Bb_Student/z_Release_Notes_Bb_Student)

·Forhelp    with Learn.UQ(Blackboard),see https:/web.library.ug.edu.au/ibrary-services/it/learnuq-blackboard-helplearnuq-blackboard contacts(https:/weblibrary.uq.edu.au/ibrary-services/it/learnuq-blackboard-help/learnuq-blackboard-contacts)or contact AskUs

https://web.library.uq.edu.au/contact-us(https://web.library.uq.edu.au/contact-us) or telephone 33464312.