FINC312-25S1 (C) Semester One 2025

Derivative Securities

15 points

Details:
Start Date: Monday, 17 February 2025
End Date: Sunday, 22 June 2025
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 2 March 2025
  • Without academic penalty (including no fee refund): Sunday, 11 May 2025

Description

An introduction to the use, analysis and pricing of derivative securities, including options, futures and swaps.

The purpose of the paper is to equip students with knowledge about these products, i.e., how they are priced, valued, and how they can be used for arbitraging, speculation and hedging purposes.

Learning Outcomes

  • Understand how markets for derivative products operate.
  • Be able to price and value various futures, forwards, swaps and basic options
  • Be able to use these products for speculative, hedging and arbitraging purposes.
    • University Graduate Attributes

      This course will provide students with an opportunity to develop the Graduate Attributes specified below:

      Critically competent in a core academic discipline of their award

      Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

      Employable, innovative and enterprising

      Students will develop key skills and attributes sought by employers that can be used in a range of applications.

      Engaged with the community

      Students will have observed and understood a culture within a community by reflecting on their own performance and experiences within that community.

Prerequisites

(1) FINC201; and (2) MATH101 or MATH102 or MATH199

Restrictions

Co-requisites

Timetable 2025

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 16:00 - 18:00 E5 Lecture Theatre
17 Feb - 6 Apr
28 Apr - 1 Jun
Tutorial A
Activity Day Time Location Weeks
01 Tuesday 16:00 - 17:00 Ernest Rutherford 141
24 Feb - 6 Apr
28 Apr - 1 Jun
02 Wednesday 12:00 - 13:00 Ernest Rutherford 140
24 Feb - 6 Apr
28 Apr - 1 Jun

Guest Lecturer

Ranghavendra Rau (Visiting Erskine Fellow)

Assessment

Assessment Due Date Percentage 
Final Exam 50%
Group assignment 20%
Mid-Term Test 30%

Indicative Fees

Domestic fee $946.00

International fee $4,363.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All FINC312 Occurrences

  • FINC312-25S1 (C) Semester One 2025