Course overview
This course examines the function and operation of derivative markets in finance. It begins by identifying the relationships that must hold in these markets to prevent arbitrage opportunities. The course then covers options pricing using the Binomial and Black-Scholes models and describes a wide range of futures and options strategies, along with their applications to hedging and risk management. It also considers currency and fixed-interest derivatives, as well as options on futures and various exotic options.
Course learning outcomes
- Employ core concepts of futures in pricing futures and forwards
- Interpret and analyse market for a mix of underlying and derivative securities data for appropriate hedging and risk management strategies
- Apply stock price dynamics and hedge parameters to price options
- Design appropriate hedging and arbitrage strategies with derivative securities
Availability
Class details
Adelaide City Campus West
Class number 25211
Section SE01
Size 50
Available 50
Class number 25210
Section SE02
Size 50
Available 50
Class number 25209
Section SE03
Size 50
Available 50
Class details
Adelaide City Campus West
Class number 56334
Section SE02
Size 50
Available 50
Class number 56333
Section SE03
Size 50
Available 50
Class number 56332
Section SE07
Size 50
Available 50
Fee calculator
To display course fees, please select your status and program below:
We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.
Study Abroad student tuition fees are available here.
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.