Economics, Financial Derivates, Second Cycle

Education facts

Code: NA447A

The course covers the valuation and hedging of financial derivatives, including forwards, futures, and options. A central focus is the development of the Black-Scholes-Merton option pricing model, introduced through foundational concepts such as Brownian motion, stochastic calculus, and binomial-tree methods. Additional topics may include arbitrage-free yield curve models and Monte Carlo simulations. Selected option pricing approaches are implemented and tested through computer exercises.

Entry requirements

First-cycle courses of 75 credits in Economics. Economics, Mathematics for Statistical and Economic Analysis, 7,5 credits, Second Cycle. Statistics, Basic Course, 15 credits and Data Mining and Business Analytics, Basic Course, 15 credits alternatively Statistics, Basic Course, 15 credits and 7,5 credits in regression analysis/econometrics/scientific method within economic or statistics. The applicant must also have qualifications corresponding to the course "English 6" or "English level 2" from the Swedish Upper Secondary School.

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• Economics, Financial Derivates, Second Cycle

  Örebro University

  Örebro

  Start date: 18 January 2027

  End date: 28 March 2027

  Pace of study: 50 %