Derivative Securities
UndergraduateTAS-BEA3802025
Course information for 2025 intake View information for 2024 course intake
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 13 July 2025
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Price from
- $3,128
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Derivative Securities
About this subject
Upon completion of this subject, the student should be able to:
- Describe the concept of options, forwards, futures and swaps and their markets.
- Critically analyse the mechanics of options, forwards, futures and swaps, and their applications in real-world scenarios.
- Compute prices of options, forwards, futures, and swaps, and evaluate their implementation incorporating various factors such as risk management, market liquidity, and contract specifications.
- Derivatives and Risk Management
- Forwards, Futures and Options
- Options Markets and Trading Strategies
- Options Relations and Single-Period Binomial Model
- Multi-period Binomial Model
- Black-Scholes Model
- Using the Black-Scholes Model
- Futures Trading and Regulations
- The Cost and The Extended Cost
- Yields, Forwards Rates and Interest Rate Swaps
- Financial Engineering, Swaps and Risk Management Models
In this subject, we develop an understanding of one of the fastest growing types of financial markets - those of derivative securities. They are called derivative securities because they ‘derive’ their value from the value of something else—an underlying right or interest.
Underlying rights or interests (or assets in general) include (a) bonds or loans, which involve interest rate, credit, and currency risks, and (b) commodities and equities, which involve price risks. Underlying rights can also be groups of assets, such as equity or commodity indexes, or relationships between prices, such as the spread between two benchmarks. Derivatives securities play an important role in risk management.
- Online Test 1 (20%)
- Online Test 2 (20%)
- Individual Assignment (20%)
- Examination - Take Home (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Teaching Arrangement: Lectures (2 hours) weekly; Online workshops (2-hour) x 6 times per semester.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Business (Finance)
UndergraduateTAS-BFI-DEG
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
Bachelor of Business and Bachelor of Psychological Science
UndergraduateTAS-BPS-DEG
Bachelor of Business and Bachelor of Science
UndergraduateTAS-BBS-DEG
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