Courses / Module

On successful completion of the module, students should be able to:

• Describe the functions and uses of Derivative contracts in terms of risk management and speculation in financial markets;
• Derive models of derivative pricing;
• Evaluate hedging and speculative strategies based on portfolios of derivative securities;
• Discuss credit risk and in particular its interaction with derivative securities;
• Explain the operation credit derivative securities; and
• Discuss the interaction of risk management and asset securitization strategies.

• This module is delivered through four days of module content, but needs to be supported through substantial independent study, reading and research. Lectures are important signposts to learning, but are only part of the educational process. The learning process has therefore been designed to provide students with two broad workload categories: a) Taught lectures with lectures exploring both required and self-directed reading material b) Individual reflection to develop students’ critical thinking skills. This module is structured around a series of lectures, readings, papers, case studies and video materials. A blended approach to teaching will be adopted with technical material presented in video lectures and made available to students before the scheduled face-to-face lectures. This is to aid the assimilation of technical / mathematical concepts and help students to maximise the learning experience during lectures. Problem sets with video solutions will be used to reinforce the understanding of material. Please note that the number of hours for planned learning activities and independent student activities will vary from student to student, depending on their capability to absorb and apply concepts and tools, and write up work. A guidance for students is that one credit is a total of 25 to 30 hours of student effort. Thus a 10-ECTS module can vary in amount of student work between 250 hours and 300 hours. Our minimum expectation is as outlined below.

Delivery methods	Hours
Lectures	32
Labs / Practicals	0
Tutorials	0
Planned learning activities	100
Independent student activities	168
Total	300

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded

Assessment type	Options	Weighting	Duration
Continuous Assessment		100%
University scheduled written examination	No	0%
Other		0%
Total		100%

• Pass standard: 40%
• Could the result of this module be capped? No
• Maynooth University School of Business Overall Mark Calculation and Continuous Assessment Policy applies to this module.
• Penalties: Students are expected to attend all lectures, seminars, and workshops. Where attendance falls below 75%, a student is deemed to have not passed a module. Standard School of Business penalties apply for late submission of assignments; 10% is deducted for each 24 hours (or part thereof) that an assignment is submitted after the official submission deadline. Personal exceptional circumstances policy of the School of Business and University may apply.

• Are supplemental/resit registrations permitted? Yes
• Students are permitted to repeat an element of the module should they fall below the Pass standard in their first attempt.
• Is Supplemental Continuous Assessment registration permitted? Yes
• Is Supplemental Continuous Assessment capped? Yes

For a full timetable search, go to NUIM Timetable. Venue locations can be found here.