It is intended that learning in this session will be a combination of pre-recorded online lecture and on-campus tutorials. Please refer to iLearn for further details.
Required and Recommended Texts and/or Materials
Detailed lecture notes and tutorial exercises are available on the unit's iLearn site.
•Options, Futures and Other Derivatives (9th edition); John Hull
•An Introduction to the Mathematics of Financial Derivatives (2nd edition); Salih N. Neftci
•Interest Rate Models: An Introduction; Andrew J. G. Cairns
•Insurance Risk and Ruin (2nd edition); David C. M. Dickson
Each copy of these books is available in the Reserve section of the Library and can be purchased from the Macquarie University Co-op bookshops.
Technology Used and Required
Students need to be able to use a computer softwares (such as Excel, R) to analyse financial problems. Although the unit does not aim to teach students how to use these softwares, you are encouraged to make use of spreadsheets and other software packages for the assignment.
The webpage for this unit can be accessed via the iLearn site at: http://ilearn.mq.edu.au
Teaching and Learning Strategy
The unit is taught using two-hour lecture and one-hour tutorial each week. You are expected to read lecture materials in advance of the lectures. The tutorial is an opportunity for you to attempt questions for each section of work, or to ask questions. It is highly recommended to try to solve questions in advance of the tutorials.