The markets for futures, options, and other derivative securities. The mechanics of trading, regulation, pricing, hedging, and risk management using derivatives. An introduction to derivative security markets including the valuation of derivatives, derivative trading strategies, and the management of corporate risk with derivatives.

An introduction to the field of finance. The course focuses on the responsibilities, concerns, and methods of analysis employed by corporate financial managers, and on the role of financial markets and institutions in the economy. It applies financial theory to contemporary examples and serves as a starting point for more specialized areas in finance.