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2020 SAS summer courses will take place remotely. For undergraduates, please check Penn InTouch for updated summer course information. For graduate and professional students, please consult your schools and programs. Summer study abroad remains cancelled.

The College of Liberal and Professional Studies staff is working remotely to comply with University protocols as we navigate the COVID-19 virus. Penn is committed to maintaining a safe campus and workplace for faculty, students, staff, and visitors. While we are not onsite, we are still available Monday through Friday from 9 a.m. - 5 p.m. by phone and online in case you need support: (215) 898-7326 or lps@sas.upenn.edu.

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Financial Derivatives

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Online: 
No
Subject Area: 
Course Number: 
FNCE 206 920
Instructor: 
Prerequisites: 
FNCE 101 and STAT 102 are recommended and may be taken concurrently.
Course Description: 

The purpose of this course is to provide the student with the necessary skills to value and to employ options, futures, and related financial contracts.  In order to provide a useful treatment of these topics in an environment that is changing rather rapidly, it is necessary to stress the fundamentals and to explore the topics at a technical level.  The topics that will be covered include the valuation of futures contracts on stock indices, on commodities and Treasury instruments; the valuation of options; empirical evidence;strategies with respect to these assets; dynamic asset allocation strategies,of which portfolio insurance is an example; swaps; and the use (and misuse) of derivatives in the context of corporate applications.  One-third of the course will be devoted to futures, a third to options, and a third to their applications.  Many of the applications will be sprinkled along with the coverage of futures and options.

Programs for every

type of student

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Study online,

all summer long

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Summer is the best season

to be a Penn student

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Penn Summer

3440 Market Street, Suite 100
Philadelphia, PA 19104-3335

(215) 898-7326
summer@sas.upenn.edu

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