SemesterFall Semester, 2025
DepartmentMA Program of Finance, First Year
Course NameFinancial Derivatives
InstructorYUEH MENG-LAN
Credit3.0
Course TypeRequired
Prerequisite
Course Objective
Course Description
Course Schedule















































































































































週次



Week

課程主題



Topic

課程內容與指定閱讀



Content and Reading Assignment

教學活動與作業



Teaching Activities and Homework

學習投入時間



Student workload expectation

課堂講授



In-class Hours

課程前後



Outside-of-class Hours

1

Introduction to Derivatives

ch.1

HW1

2 - 3 hrs

1.5 hrs

2

(1) Principles of Pricing Forward/Futures Contracts



(2) Use of FX Forwards and  FRA



ch.4, ch.5

HW2

3 hrs

2.5 hrs

3

Hedging Strategies Using Futures

ch.3

HW3

3 hrs

2 hrs

4







Hedging Strategies Using Futures  


ch.3

HW4

3 hrs

3 hrs

5

Holiday (Teachers' Day)


        

6

Holiday (Mid-Autumn Festival)

 


      

7

Swaps

ch.7

HW5

2.5 hrs

3 hrs

8

Mid-Term Exam Pricing Model

 

 

 

 

9

Swaps

ch.7

HW6

2.5 hrs

3 hrs

10

Option Pricing (i): Binomial Tree Model

ch.13

HW7

3 hrs

4 hrs

11


 Option Pricing (ii): Black/Schole Model

ch.15

HW8

3 hrs

4 hrs

12

Option Greeks

ch.19

HW9

3 hrs

4 hrs

13

Volatility Trading

ch.20

HW10

3 hrs

3 hrs

14


 Exotic Options

ch.26

HW11

3 hrs

4 hrs
15 Structured Products: Exotic Options ch.26   2.5 hrs 3 hrs
16 Final-Term Exam        

Teaching Methods
Teaching Assistant

To be announced.


Requirement/Grading

Grades in this course will be based on group presentations, in-class discussions, and exams. Supplementary readings related to specific topics covered in the class will be assigned for either class discussion or group presentation.



There will be a mid-term exam and a final exam. Both exams will be scheduled in the regular exam period. The exams will be open-book, and will be cumulative. No make-up exams are permitted.



Grades will be computed by averaging scores with the following weights:



 - class participation and homework presentation 30%



 - mid-term exam 30%



 - final exam 40%


Textbook & Reference

  • Textbook:

    Hull, John C. (2022). Options, Futures, and     Other Derivatives (11th Global Edition). Pearson.

  • Case Studies:

    Harvard Business School (HBS) and Ivey Business School cases. Specific cases will be assigned throughout the semester.

  • Bloomberg Terminal Access:

    Students are required to use Bloomberg terminals for specific projects. Training and support will be provided early in the semester.


Urls about Course
All course materials and announcements will be available on the Moodle platform.
Attachment