FIN 356 - Financial Risk Management

Credits: 3

Prerequisite: Prerequisite: FIN 221; one of BIOL 201, BUS 202, CBSC 250, ECON 202, POL/INTR 202, MATH 118, or SOAN 118; and at least junior standing. This course provides an introduction to financial derivatives and risk management and is intended to help upper-division 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.