Postgraduate Course: Financial Models and Derivatives in a Legal Context (LAWS11228)
Course Outline
| School |
School of Law |
College |
College of Humanities and Social Science |
| Course type |
Standard |
Availability |
Available to all students |
| Credit level (Normal year taken) |
SCQF Level 11 (Postgraduate) |
Credits |
40 |
| Home subject area |
Law |
Other subject area |
Business Studies |
| Course website |
None |
|
|
| Course description |
The goal of this course is to introduce law students to basic concepts in finance. It focuses on an analysis of &«derivative&ª instruments, how to use them in different economic situations, and the benefits/consequences of helping clients set up contracts employing them when investing or conducting business, both locally and globally. The instruments are analyzed from two separate points of view: speculative and hedging. Tools and basic models that help in understanding the appropriate usage of different derivatives in different situations will also be introduced and examined. Through the course analysis, students will develop a thorough understanding of the models that influence and eventually determine the relationships among different derivative instruments. Cases are used to analyse actual situations and explore different possible solutions using derivatives, determining the best choice for the particular risk exposure in the case. The course will be taught on the assumption that the students have no prior knowledge of these financial instruments. The first part of the course introduces the student to basic understanding of financial models. This knowledge forms the basis of analysis for the derivatives concept and it is an integral part of the course. Thereafter, the legal context is explored in detail. |
Entry Requirements
| Pre-requisites |
|
Co-requisites |
|
| Prohibited Combinations |
|
Other requirements |
None
|
| Additional Costs |
0 |
Course Delivery Information
|
| Delivery period: 2010/11 Full Year, Available to all students (SV1)
|
WebCT enabled: No |
Quota: 50 |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| Central | Seminar | | 1-22 | | | | 09:00 - 10:50 | |
| First Class |
First class information not currently available |
Summary of Intended Learning Outcomes
From the course, the students should develop proficiency in financial information systems usage, become competent to engage in financial analysis using derivatives, understand the contractual binding system supporting the derivatives, and be able to deal effectively and efficiently with:
Asset pricing (risk-return) models evaluation;
Risk evaluation and determination of appropriate derivatives to hedge risk;
Foreign currency evaluation and its relationship to derivatives;
Option pricing using the BSOPM;
Researching economic data relating to derivatives by means of the Internet;
Analyzing and professionally presenting optimal choice hedging in specific cases.
|
Assessment Information
| 2 Essays - First essay has 4,000 word limit and worth 40% of overall mark. Second essay has 6,000 word limit and worth 60% of overal mark. |
| Please see Visiting Student Prospectus website for Visiting Student Assessment information |
Special Arrangements
| Not entered |
Contacts
| Course organiser |
Dr Gillian Black
Tel: (0131 6)50 9541
Email: gillian.black@ed.ac.uk |
Course secretary |
Mrs Lene Mccool
Tel: (0131 6)50 2022
Email: lene.mccool@ed.ac.uk |
|
copyright 2010 The University of Edinburgh -
1 September 2010 6:16 am
|
University Homepage