CORPFIN 7023 - Financial Modelling Techniques (M)
North Terrace Campus - Semester 2 - 2020
-
General Course Information
Course Details
Course Code CORPFIN 7023 Course Financial Modelling Techniques (M) Coordinating Unit Adelaide Business School Term Semester 2 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Prerequisites CORPFIN 7005, CORPFIN 7033/COMMERCE 7033 Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Professor Joshua Ross
Course Timetable
The full timetable of all activities for this course can be accessed from .
-
Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:
1. demonstrate an understanding of basic financial market concepts
2. construct binomial tree models
3. price a wide variety of contingent claims using principles of non-arbitrageUniversity Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
1,2,3 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
2,3 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1,2,3 -
Learning Resources
Required Resources
NoneRecommended Resources
1. Binomial Models in Finance by J Van Der Hoek and R Elliot, Cambridge
2. Elementary Calculus of Financial Mathematics by Roberts, Cambridge
3. Options, Futures, and Other Derivatives 7th ed. by Hull, PearsonOnline Learning
This course uses MyUni exclusively for providing electronic resources, such as notes, videos, quizzes, assignments and solutions et cetera. -
Learning & Teaching Activities
Learning & Teaching Modes
Each week, lecture notes will be provided, designed to be read in advance of viewing videos. Videos will consist of the lecturer explaining key material and examples from the lecture notes. Tutorials supplement this, providing exercises to enhance learning and confirm understanding including interaction with the lecturer and/or tutor. Four written assignments, two online quizzes and two in-tute tests during semester provide the assessment opportunities for students to gauge and demonstrate their progress and understanding. Regular consulting sessions can be used to interact with the lecturer and/or tutor for additional tution.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
Activity Quantity Workload Hours Weekly online materials
Tutorials
In-tutorial tests
Online quizzes
Assignments12 weeks
3 tutorials
2 tests
2 quizzes
4 assignments100 hours
12 hours
2 hours
2 hours
40 hoursTotal 156 Learning Activities Summary
Topics
1. Call options - European and American
2. Trading options
3. Put options
4. Arbitrage
5. Binomial assett pricing model
6. Price derivatives using risk neutral probabilities
7. Cox-Ross-Rubinstein (CRR) model
8 Arrow-Debreu securities and state prices
9. Black Scholes model
10. Volatility
11. Variable interest rates
12. Valuing American options
13. Barrier options
14. Forward contracts
15. Interest rate derivatives
16. Bonds
17. Ho-Lee model
18. Futures markets
19. Managing risk
20. Hedging
21. Sensitivity of options
Tutorial Outline
1. Call options and the CRR model
2. Multi-step models and Arrow-Debreu securities
3. Valuing American options -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
For specific due dates please see MyUni.Assessment Task Weighting Learning Outcome Assignments 24% all Online quizzes 16% all In-tute tests 30% all Exam 30% all Assessment Related Requirements
An aggregate score of at least 50% is required to pass the course.Assessment Detail
Assessment Task Distributed Due Date Weighting Assignment 1
Assignment 2
Online quiz 1
In-tute test 1
Assignment 3
Online quiz 2
In-tute test 2
Assignment 4Week 2
Week 4
Week 6
Week 7
Week 7
Week 10
Week 11
Week 11Week 3
Week 5
Week 6
Week 7
Week 8
Week 10
Week 11
Week 126%
6%
8%
15%
6%
8%
15%
6%Submission
Assignments are to be submitted online via MyUni. Late assignments will not be accepted.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
-
Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
-
Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
-
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
-
Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
