Search | Directories | Reference Tools
UW Home > Discover UW > Student Guide > Course Catalog 

Instructor Class Description

Time Schedule:

Avraham Kamara
FIN 461
Seattle Campus

Financial Futures and Options Markets

Introduction to financial futures and options markets. Institutional aspects and social functions of these markets, pricing of options and futures, and risk shifting by hedging. Prerequisite: FIN 350; either B ECON 300 or ECON 300; may not be repeated. Offered: AWSp.

Class description

This course provides an introduction to financial futures and options markets. It analyzes the pricing of futures contracts and options and reviews available empirical evidence concerning these markets. Financial risk management by hedging is given particular attention.

Student learning goals

General method of instruction

Lectures. A REQUIRED package of "Finance 461 - 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 you buy ONE 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