Unit Outline
INVE3000 (V.1) Introduction to Derivative Securities
Trimester 3A, 2025
Unit study package number: INVE3000
Mode of study: Internal
Tuition pattern summary:
Note: For any specifi c variations to this tuition pattern and for precise information refer to the Learning Activities section.
Lecture: 1 x 2 Hours Weekly
Tutorial: 1 x 1 Hours Weekly
This unit does not have a fi eldwork component.
Credit value: 25
Pre-requisite units:
(FNCE2000 (v.0) Introduction to Finance Principles or any previous version
OR
12607
(v.0) Finance Principles 215 or any previous version
OR
2807
(v.0) Managerial Finance 212 or any previous version
OR
FNCE2003 (v.0) Business Analysis for Investment or any previous version
OR
FNCE2005 (v.0) BAN23 Introduction to Finance Principles or any previous version
OR
FNCE2006 (v.0) BAN25 Business Analysis for Investment or any previous version)
AND
(FNCE3001 (v.0) Introduction to Financial Instruments and Markets or any previous version
OR
8127
(v.0) Advanced Calculus 201 or any previous version
OR
MATH2009 (v.0) Calculus 2 or any previous version
OR
12960
(v.0) Finance Instruments and Markets 300 or any previous version
OR
B-ACTUAR (v.0) Bachelor of Science (Actuarial Science) or any previous version
OR
FNCE3006 (v.0) BAN24 Introduction to Financial Instruments and Markets or any previous version)
Syllabus
This unit covers the theoretical foundations of derivative securities, fi nancial forwards and futures, forward rate agreements (FRAs) and swaps, model-independent option valuation, geometric Brownian motion, Black-Scholes-Merton model, binomial model, option Greeks, and model risk. This unit also discusses the impact of quantum Fintech on derivatives market. This unit includes analyzing a business case study and use Eikon real derivatives market data to solve work integrated problems.
Introduction
Welcome to INE3000 Introduction to derivative securities. The aim of the course is to provide students a clearer understating of theory and practice managing derivative securities, and the foundations necessary to pursue academic research or fi nancial market careers in derivatives.
Unit Learning Outcomes
Curtin University's six Graduate Capabilities indicate to employers that graduates possess discipline knowledge and valuable skills. Each course unit addresses these capabilities through specifi c learning outcomes, which outline what students need to know and do to succeed. Assessments are designed to test these outcomes, ensuring that upon completion, students have met all learning objectives.
Your course has been designed so that on graduating you will have achieved all of Curtin's Graduate Capabilities through the assurance of the learning process in each unit.