Course Title: Options & Futures
Campus Course Code: FINA 6325
UTTC Course Code: MBAO 6374
Campus: UT Permian Basin
Program: MBAO
Course Description
Introduction to options, futures, and other derivative securities. Topics include option valuation models, principles of forward and futures pricing, structure of markets for derivative securities, and strategies for hedging and speculation.
Participants will become conversant with the characteristics of options, futures, and other derivative securities (such as swaps and options on futures) and the markets in which these securities trade. Students will have “hands-on” experience through on-line simulations with classmates, computer simulations, and Excel spreadsheet assignments. Participants will be introduced to futures and options valuation models. Students also will be exposed to strategies for hedging and speculation using derivative securities.
Tthis course is a quantitative course. Students enrolling in this course will be expected to have a mastery of the following basic quantitative skills. First, this course requires that the student have mastered the basics of calculus, e.g., one year of business calculus at the undergraduate level. Second, students will be expected to understand and be able to calculate descriptive statistics, perform basic hypothesis testing, and conduct linear regression analysis. Third, students will be expected to have a basic knowledge of Microsoft Excel, including familiarity with algebraic computations and use of Excel functions. Students will be required to use Excel for most quantitative work in this course.
Materials
Visit the Bookstores page for links to campus bookstores that provide information on course materials.
Prerequisites: MBAO 6316 Financial Management
Credits:3
Level:Graduate
Faculty
Paul Haensly
haensly_p@utpb.edu
432-552-2198