This course provides students with a framework for understanding the design and valuation of derivative securities. It familiarizes them with the instruments and institutions of financial markets, focusing particularly on "derivatives" markets (futures, options, etc.). Students learn with a series of simulation exercises in excel spreadsheet using real data.

Antirequisite(s): MOS 3312A/B.

Prerequisite(s): MOS 3311A/B and enrolment in 4th year of BMOS.

Extra Information: 4 lecture hours.