FINM7041 Applied Financial Instruments and Risk Management
| Offered By | School of Finance and Applied Statistics |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Financial Management |
| Offered in | Second Semester, 2009 and Second Semester, 2010 |
| Unit Value | 6 units |
| Course Description |
The course is designed to introduce students to futures and options contracts and their use in managing risk. This course provides a broad introduction to the options, futures, forward, swaps and interest rate markets and outlines the different ways in which they can be used in managing risk. It describes the mechanics of how options, futures and forward contracts work and shows how prices of these contracts can be determined. It demonstrates how trading and hedging strategies can be set up using derivatives. |
| Learning Outcomes | By the end of this course, students are expected to have a basic understanding of how derivatives securities function, how these contracts are priced via arbitrage, and how derivatives can be used in risk management. Students are also required to prepare a practical essay on derivatives and risk management. |
| Indicative Assessment |
In-Class Quizzes (Best 4 of 5) 10% Assignment 15% Mid-Semester Examination 25% Final Examination 50% Total 100% |
| Workload | 10 hrs per week for 13 weeks=130hrs |
| Course Classification(s) | SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation. and TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses. |
| Areas of Interest | Finance |
| Eligibility | At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree |
|
Assumed Knowledge and Required Skills |
Introductory courses in both Accounting and Finance |
| Requisite Statement |
|
| Consent Required | Students must have approval from the Program Convener, Mr Alex Clarke, in order to be eligible to enrol in FINM 7041 Applied Financial Instruments and Risk Management. |
| Prescribed Texts | See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf |
| Preliminary Reading |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf
|
| Indicative Reading List |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf |
| Programs | Master of Business and Master of Commerce |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7041 |
| Academic Contact | See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7041 |
The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.
