SUMods → Courses → FIN 403

FIN 403 Derivative Securities

Fall 2026-2027 · 3 SU credits · 6 ECTS · Undergraduate

Not in the Spring 2026-2027 schedule — this is the most recent term it ran.

This course serves as a comprehensive introduction to derivative securities. Forward contracts, futures, options, and swaps are the focal point of the course. While the main emphasis is on the use of derivatives as risk-transferring/ minimizing devices, valuations of such contracts are also included. In addition to hedging strategies to be created by any of the derivative securities, various trading strategies involving options (spreads and combinations) are presented. A solid coverage of no arbitrage based pricing is provided as the common underlying premise to valuing derivative securities. Cost-of-carry valuation of forwards and futures, binomial pricing of options, dynamic delta-hedging, the Black-Scholes option pricing formula, basic numerical methods (such as Monte Carlo methods), and swap pricing are introduced.

Needs first FIN 301 or IE 303

Lecture — FIN 403

FIN 403 — Sabancı Üniversitesi Fall 2026-2027 ders programı: section'lar, saatler, derslikler, CRN'ler ve syllabus bağlantıları.