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Instructor Class Description

Time Schedule:

Avraham Kamara
FIN 561
Seattle Campus

Financial Futures and Options Markets

Overview of futures markets and options markets. Analysis of pricing of futures contracts and options; comparison of futures, forward, and options contracts; risk management with hedging; alternative investment strategies; and review of empirical evidence. Prerequisite: MBA Core Finance.

Class description

This course analyzes the pricing of financial futures contracts and options and reviews available empirical evidence concerning these markets. Financial risk management by hedging is given particular attention. Futures, forward and options contracts are compared, and alternative investment strategies are discussed.

Student learning goals

General method of instruction

Lectures. A REQUIRED package of "Finance 561 - Notes" will be available at the beginning of the quarter in the Copy Center in Balmer Hall.

Recommended preparation

1. Read the asssigned reading BEFORE and again, AFTER EACH class! 2. Do ALL the assignments.

There is NO required textbook. I RECOMMEND that buy one or more of several OPTIONAL textbooks. Their names will be provided on the first day of class.

Class assignments and grading

Several homework assignments of problem sets. Homework assignments can be submitted on an individual basis or in groups of 2-5 students.

Students will be graded on the basis of homework assignments with a total weight of 20%; and a midterm and a final with a weight of 40% EACH. Students can earn a BONUS of up to 10% by ACTIVE CONRTIBUTING class participation.


The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Avraham Kamara
Date: 11/28/2000