Master 2024/2025

Derivatives

Type: Compulsory course (Financial Analyst)

Area of studies: Finance and Credit

Delivered by: HSE Banking Institute

Where: HSE Banking Institute

When: 2 year, 2 module

Mode of studies: offline

Open to: students of one campus

Master’s programme: Financial Analyst

Language: English

ECTS credits: 3

Contact hours: 36

Course Syllabus

Abstract

The course is intended for the second year students enrolled in the Master's program "Financial Analyst" and is designed as one academic unit. Throughout this course derivatives markets together with their associated instruments and their risks are considered. The course covers major types of derivative instruments such as forwards, futures, swaps and options, and introduces their features as well as mathematical apparatus required for derivatives pricing and valuation. The course provides insight into derivative instruments practical use, especially hedging and managing portfolio risks. Throughout the course risks associated with derivative instruments are introduced and illustrated with real life examples of successful and unsuccessful applications of derivatives by financial institutions and corporations.