• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Financial Management
  • Areas of interest Finance
  • Academic career Undergraduate
  • Course convener
    • Dr Jenni Bettman
    • Dr Xiaoting Wei
  • Mode of delivery In Person
  • Co-taught Course FINM7041
  • Offered in First Semester 2018
    Second Semester 2018
    See Future Offerings

This unit is designed to further students' understanding of futures and options contracts and their use in managing risk. It builds upon material covered in FINM1001: Foundations of Finance. FINM2002 provides an overview of options, futures, forwards and swaps on a range of underlying assets/commodities including stocks, interest rates, foreign exchange as well as more exotic instruments such as weather and electricity derivatives. The models used for pricing these instruments will be covered as well as techniques used for risk management. 

Learning Outcomes

Upon successful completion of the requirements for this course, students should have the knowledge and skills to:
1. Understand options, futures, forwards, and swaps on a range of underlying assets/commodities;
2. Understand and be able to utilise option trading strategies;
3. Understand the types of assets/commodities we use including stocks, interest rates, foreign exchange as well as exotic instruments and weather and electricity derivatives;
4. Use various models to price forward, futures, swap and option contracts;
5. Use these pricing models for risk management; and,
6. Work independently and collaboratively to collect, process, interpret and communicate the outcomes of financial problems.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Typical assessment may include, but is not restricted to: in-tutorial quizzes, an assignment and a final exam.

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.

Requisite and Incompatibility

To enrol in this course you must have previously completed FINM1001, and either STAT1008 or STAT1003.

Majors

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2018 $3900
International fee paying students
Year Fee
2018 $5160
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
3171 19 Feb 2018 27 Feb 2018 31 Mar 2018 25 May 2018 In Person

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
7544 23 Jul 2018 30 Jul 2018 31 Aug 2018 26 Oct 2018 In Person

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