This course introduces students to basic derivative products, discusses their design and pricing as well as their use in practice. The first part of the course will focus on financial derivatives and their pricing. In practical exercises students will analyze structured products offered by banks and discover the role that credit default swaps played during the financial crisis. Building on this understanding, we will next consider how real options allow managers to understand and manage uncertainties and flexibility inherent in investment decision making.
Period
23-07-2012 - 03-08-2012 (2 weeks)
Target group
Bachelor and master students. Admission requirements: basic financial knowledge including securities (stocks, bonds) and capital budgeting (net present value, internal rate of return, cost of capital).
Course aim
This course introduces students to basic derivative products, discusses their design and pricing as well as their use in practice.
Credits
4.0 ECTS credits
Course fee
EUR 650: Course + course materials
EUR 750: Course + course materials + social programme
Course leader
Dr. Paulo Rodriguez and Dr. Stefanie Kleimeier
Scholarships
Not available.
Maastricht University + Maastricht School of Management Student Service Centre
Address: Bonnefantenstraat 2 P.O. Box 616
Postal code: 6211 KL Maastricht
City: Maastricht
Country: Netherlands
Website: www.maastrichtuniversity.nl/summerschool
E-mail: summerschool@maastrichtuniversity.nl
Phone: +31433885295
Financial Derivatives and Real Options
