INDICATIVE CONTENT
This module is designed to test candidate’s knowledge and understanding of the Futures and Options in ASEAN region. Topics include:
• Introduction to Futures
• Commodity Futures I
• Commodity Futures II
• Commodity Futures III
• Equity Futures
• Single Stock Futures
• Interest Rate Futures
• Bond Futures
• Market Analysis
• Introduction to Option
• Option Strategies
• Option Pricing
LEARNING STRATEGIES
Action Learning. Learning is achieved by engaging students in activities that have elements of problem solving combined with intentional learning.
Authentic Learning. Students will be presented with activities that are framed around "real life" contexts in which students will find learning more meaningful and motivating. Thus they will be more engaged in the process of acquiring knowledge.
Assessment strategy will be both formative and summative. Formative assessment strategies are used to test the current level of understanding and progress and to provide feedback to teacher and learner and to guide the next phase of learning. Types of formative assessments for this course will be discussions on tutorial questions, short quizzes and assignments. Summative assessment is used both in the mid and at the end of the programme formally to assess a learner’s skill, knowledge and understanding gained in this course.
For this module formative assessment will be undertaken through regular completion of tutorial work along with quizzes to check knowledge and understanding of basic concepts within accounting. To prepare students for the end of module summative exam, a mid semester test will take place under exam conditions.
ASSESSMENT DETAILS
Final Examination (duration 2 hours). This will be a closed book exam testing all learning outcomes - 100%
Learning outcomes 1, 2, 3 & 4.
LEARNING OUTCOMES
1. CRITICALLY EVALUATE THE CONCEPTS AND STRUCTURE OF THE FUTURES AND OPTIONS MARKETS
Knowledge and Understanding, Learning, Problem Solving
2. CRITICALLY APPRAISE ALL CONTRACTS INCLUDING STRATEGIES SUCH AS HEDGING, ARBITRAGE AND SPECULATION
Knowledge and Understanding, Application, Enquiry
3.APPRAISE OPTIONS INCLUDING VALUATION PRICING MODELS AND TRADING STRATEGIES INCLUDING PAY-OFF DIAGRAMS
Analysis, Problem Solving, Enquiry
4. DEMONSTRATE A PRACTICAL UNDERSTANDING OF MARKET ANALYSIS - FUNDAMENTAL AND TECHNICAL ANALYSIS OF FUTURES MARKET
Application, Communication