In response to COVID-19, requirements for entrance exams are temporarily waived. Unofficial transcripts will be accepted for graduate applicants unless they are applying to a program in the College of Education.
Introduction to futures and forward contracts and their markets, including how these derivatives are created and traded. The course covers how businesses can use these contracts to hedge risk. Students are introduced to the principles of valuation and pricing for these securities and the mathematical models that apply. Swaps may be covered if time permits.