AFF9150 - Options, futures and risk management

Leader: Mr Roger Love

Offered

Caulfield First semester 2007 (Day)
Caulfield Second semester 2007 (Evening)

Synopsis

This unit will examine the evolution and history of futures markets; hedging exposures using both futures and options markets; the identifications of arbitrage opportunities in futures markets; the use of futures and options in portfolio management; a study of fundamental and technical analysis

Objectives

The learning goals associated with this unit are to:

• become skilled in understanding the operation of futures and options derivative markets
• acquire an understanding of the use of the options and futures markets for both hedging and trading purposes
• develop a set of academic skills which include the ability to work independently, evaluate academic papers in terms of the application of options and futures instruments theories, search the web and to submit assignments on time
• develop excellent oral and written communication skills to be able to analyse case studies and to lead/participate in groups from diverse cultural and social backgrounds.

Assessment

Examination (3 hours): 70%
Case Study and Research Assignments: 30%

Contact hours

3 hours per week