MGMT 427 Financial Derivative Securities

Junior standing and ECMG 303 or permission of the instructor. This course provides an introduction to the fastest growing areas in derivative securities. It builds on the principles of finance to provide insights to the nature of financial derivatives and applications of such instruments used in an investments and corporate setting. This course is divided into three parts: (1) options; (2) futures and forwards; and (3) swaps. Emphasis is placed on derivatives on equity instruments (stocks and stock indices) although short-and long-term interest bearing instruments (Treasury securities, LIBOR, etc.) are also discussed in detail.