Direct access to content

EDHEC Business School

Version
Française

Advanced research

Master of Science in Finance

You are here : MSc in Finance > Curriculum > Core Courses

Module 09 - Options and Futures

The objective of this course is to provide students with an in-depth coverage of options, futures, and other widely used derivative products. It stresses pricing and uses of derivatives for financial engineering and risk management. The course starts with an overview of derivative instruments, markets, participants and uses. It then focuses on the pricing and uses of futures, forwards and options. The cost of carry relationship, the binomial approach, the industry standard Black-Scholes model and its variants are detailed to equip students with the basic tools for pricing derivative instruments. Practical uses of derivative securities as risk-management tools for corporations and financial institutions are examined.
The course ends with a discussion of derivatives and financial engineering, showing how derivatives can be used to design or price new financial instruments, and how they can be created synthetically.

Written by DELPHINE DUFIET
Date of update June 30, 2008

[ Top of the page ]

Programmes : Theseus-EDHEC MBA - EDHEC Grande Ecole - Master in Management - MSc in Finance - MSc in Capital Markets - MSc in Corporate Finance - MSc in Risk and Asset Management - MSc in Management Control - MSc in Strategic Management - MSc in Marketing Management - Bachelor ESPEME - PhD in Finance
Executive Education : EDHEC Executive - Executive MBA - IMARISC - Cycle Supérieur de Management (CSM) - CEVE (BADGE CIF, Conseil en Investissements financiers) - Séminaires - Intras - EDHEC Asset Management Education
EDHEC Corporate : Discover EDHEC - History - Campuses - Recruitment - Media - Research Centres - Chairs - EDHEC Foundation
Contact : Contact us