NBA 6730 - Derivatives Securities Part I

Fall. 1.5 credits. Student option grading (no audit).

Prerequisite: NCC 5060 or permission of instructor.

A. Corum.

The market for derivative securities has experienced dramatic growth in recent years. Market participants use financial instruments such as futures, options, and other derivatives to transfer and manage risks, as well as express views on market outcomes. While the study of derivatives is inherently quantitative, my goal is to help students develop strong intuition and build the skills necessary to understand, value, and use derivatives. In order to provide a useful treatment of the topics suitable for a rapidly changing environment, I will stress fundamental concepts and emphasize important applications throughout the course.