Skip to main content
Unit of study_

Derivative Securities - FINC3012

Year - 2020

Options, futures and swaps are derivatives of underlying securities such as commodities, equities and bonds. These types of securities are increasingly used to manage risk exposure and as a relatively low-cost-way of taking a position in a security or portfolio. They are also being used as part of senior management compensation as a way of attempting to align the interests of shareholders with that of management. This unit is designed to provide an introduction to this important area of finance without requiring too high a level of mathematical sophistication. However, strong quantitative skills are an advantage in this subject.

1x 2hr lecture and 1x 1hr tutorial per week

group assignment (20%), mid-semester test (30%), final exam (50%)

Additional information
Knowledge of calculus, regression, probability theory and random distributions are helpful for this subject




Faculty: Business (Business School)

Semester 2

03 Aug 2020

Department/School: Finance
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2020
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Courses that offer this unit

Non-award/non-degree study If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student. Cross-institutional study If you are from another Australian tertiary institution you may be permitted to undertake cross-institutional study in one or more units of study at the University of Sydney.

To help you understand common terms that we use at the University, we offer an online glossary.