BUS 356 - Financial Risk Management

Credits: 3
Planned Offering: Winter

Prerequisites: BUS 221 and at least junior standing. Preference to BSADM, ACCB, PACC, or JOURF (JMCB) majors during first round of registration. This course provides an introduction to financial derivatives and risk management and is intended to help upper-class students planning a career in finance or actuarial science. The course considers options and futures from a practical and theoretical perspective. Topics explored include: derivative markets, the Black-Scholes option pricing model, binomial option pricing, Monte-Carlo simulation, future pricing, parity relationships, and hedging with derivatives. Text, projects, participation, and problem-solving. Schwartz.