2024
Futures and Options
Name: Futures and Options
Code: GES12671M
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
The aim is for students to: become familiar with the general themes and framework of derivative product markets; qualified to evaluate futures and options contracts; to know and implement speculation and risk hedging strategies.
The following skills are also developed:
- Ability to work in a team;
- Ability to make decisions, implement strategies and solve problems;
- Capacity for abstraction, model building and critical thinking;
- Capacity for oral and written expression and ability to transmit and receive ideas and information;
- Ability to investigate.
The following skills are also developed:
- Ability to work in a team;
- Ability to make decisions, implement strategies and solve problems;
- Capacity for abstraction, model building and critical thinking;
- Capacity for oral and written expression and ability to transmit and receive ideas and information;
- Ability to investigate.
Contents
Module 1 Introduction to derivatives markets
Module 2 Futures markets and their functioning
Module 3 - Valuation models of futures prices
Module 4 - Options markets and their functioning
Module 5 - Valuation Models for financial options
Module 6 The Greeks and introduction to risk management.
Module 2 Futures markets and their functioning
Module 3 - Valuation models of futures prices
Module 4 - Options markets and their functioning
Module 5 - Valuation Models for financial options
Module 6 The Greeks and introduction to risk management.
Teaching Methods
Classes are theoretical-practical, with exposure to the themes underlying the identification, characterization and valuation of futures and financial options, with the demonstration of practical applications to concrete situations. Supported by powerpoint presentations, material available on the Moodle e-learning platform (also used to promote greater contact, interaction and self-learning), in all classes the board is used to solve exercises and demonstrate results. The critical spirit of students in questioning reality is promoted.
The pedagogical model is based on: teaching centered on student learning; in the development of
disciplinary and transversal skills; in the use of digital resources as learning and communication management and flexibility tools; in self-regulatory assessment practices for student learning; in the articulation of teaching and research.
The form of assessment allows the consolidation of knowledge.
The pedagogical model is based on: teaching centered on student learning; in the development of
disciplinary and transversal skills; in the use of digital resources as learning and communication management and flexibility tools; in self-regulatory assessment practices for student learning; in the articulation of teaching and research.
The form of assessment allows the consolidation of knowledge.
Assessment
The final grade of the Curricular Unit is obtained:
- under continuous assessment by carrying out: an individual test (60%); group work applying the models to a real situation (case study) (30%); and, group work with critical analysis of an article (10%). In any of the assessment elements, it is necessary to obtain 7 minimum grade values to continue in this assessment regime.
- in a final assessment regime: by carrying out 1 individual test (100%).
- under continuous assessment by carrying out: an individual test (60%); group work applying the models to a real situation (case study) (30%); and, group work with critical analysis of an article (10%). In any of the assessment elements, it is necessary to obtain 7 minimum grade values to continue in this assessment regime.
- in a final assessment regime: by carrying out 1 individual test (100%).
Teaching Staff
- José Eduardo Boto Correia [responsible]
Certificações
