Enrolments for 2020 have closed.
Introduction to Derivative Securities
Undergraduate | CUR-BAN35 | 2020
Course information for 2020 intake View information for 2024 course intake
Take your first foray into derivative securities. These are usually a form of agreement to buy or sell an asset at a fixed price on or before a certain date. You’ll cover areas such as financial forwards and futures, swaps and model risk.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Prior study needed
- Duration
- -
HECS-HELP and FEE-HELP available
Introduction to Derivative Securities
About this subject
At the completion of this subject students will be able to:
- construct derivatives theory from abstract theoretical concepts
- adapt derivatives theory to market practice
- evaluate the financial economic implications of financial engineering methods.
- Derivatives Market Overview
- Interest Rates
- Pricing of Forward and Futures Contracts
- Hedging Strategies using Futures and Interest Rate Futures
- Swaps
- Portfolio of Stock Options and Option trading Strategies
- Binomial
- Black-Scholes Model
- Options on Stock Indices
- Currencies and Futures
This subject covers the theoretical foundations of derivative securities, financial forwards and futures, forward rate agreements (FRAs) and swaps, model-independent option valuation, geometric Brownian motion, Black-Scholes-Merton model, binomial model, option Greeks, and model risk.
Please Note: If it’s your first time studying a Curtin University subject you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your subject grades will be withheld.
Find out more about the Academic Integrity module.
- Assignment 1 (25%)
- Mid Semester Test (25%)
- Final Invigilated Examination (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Prior study
You must have successfully completed the following subject(s) before starting this subject:
and one of
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
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