Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting and Finance
OfferedCaulfield First semester 2013 (Day)


This unit examines the institutional features of futures and options markets, the use of futures, options and other derivatives in arbitraging, trading and hedging, and pricing of these instruments.


The learning goals associated with this unit are to:

  1. discuss the operations of derivative markets
  2. explain the use of the options and futures markets for hedging and trading purposes
  3. implement trading strategies and measure positions
  4. demonstrate how to price and value standard futures and option contracts
  5. apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with futures and options markets and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFF3751.


Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Contact hours

3 hours per week