Module Catalogues, Xi'an Jiaotong-Liverpool University   
Module Code: ACF418
Module Title: Advanced Derivatives
Module Level: Level 4
Module Credits: 5.00
Academic Year: 2019/20
Semester: SEM1
Originating Department: International Business School Suzhou
Pre-requisites: N/A
This module will provide an in-depth analysis on the mechanics, pricing and application of the main categories of derivative securities and hybrid securities. The coverage will include derivatives written on various asset classes, including stocks, bonds, currencies and commodities. The module aims to provide students with analytical as well as conceptual understanding on the pricing and usage of derivative securities.

This is one of the core modules of the MSc Finance programme.
Learning outcomes 
A. Analyse, assess and implement pricing models to value derivative securities.

B. Demonstrate deep and critical understanding of arbitrage violations in derivative markets.

C. Measure, analyse and manage risks in financial markets using derivatives.
Method of teaching and learning 
Weekly 3-hour workshop comprising a mixture of lectures and practice classes for a total of 39 contact hours over 13 weeks.
Key mechanics of main categories of derivative securities, such as plain vanilla and complex derivatives.
Pricing derivatives using established pricing models.
Risk management using derivative securities.
Arbitrage and pricing linkages within and across derivative markets.
Mechanics and usage of hybrid securities
Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total


Sequence Method % of Final Mark
1 Final Exam 70.00
2 Coursework1 15.00
3 Coursework2 15.00

Module Catalogue generated from SITS CUT-OFF: 8/16/2020 4:05:14 AM