Options and Futures in Financial Decision Making

Course Code
FIN 480
Hours
3 hours
Type
Elective
Offered
  • Winter 18
  • Winter 19
  • Winter 20
Prerequisites
No credit in FIN 316
Options and Futures in Financial Decision Making --- This course addresses financial derivatives, which are some of the most important securities financial professionals need to understand. First, the characteristics of options, futures and swaps and their markets will be examined. Second, students will study the fundamental economic principles for the pricing and hedging of these derivative securities. Finally, the applications of derivatives securities in different areas of finance will be discussed. These include hedging risk management, portfolio insurance, index arbitrage, and corporate finance. The teaching will be done through lecture, discussions of current market conditions in different derivative markets and some trading simulations.

*Prior to Fall 2014, FIN 480 was offered as FIN 380.

Taught By
Tyler Shumway
  • John C. and Sally S. Morley Professor of Finance
  • Faculty Director, Tozzi
Tyler Shumway’s research examines the structure and function of financial markets and the pricing of financial securities. Some of his recent...