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INVE3000 Introduction to Derivative Securities Semester 1

2022 Bentley Perth Campus FO
Introduction to Derivative Securities (Curtin University)

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Faculty of Business and Law 

School of Accounting, Economics and Finance

Unit Outline

INVE3000 Introduction to Derivative Securities

Semester 1, 2022

Unit study package code: INVE3000 

Mode of study: Fully Online
Tuition pattern summary: Note: For any specific variations to this tuition pattern and for precise
information refer to the Learning Activities section.
This unit does not have a fieldwork component.
Credit Value: 25.0
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
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

Co-requisite units: Nil

Anti-requisite units: Nil

Result type: Grade/Mark

Approved incidental fees: Information about approved incidental fees can be obtained from our website.
Visit fees.curtin.edu.au/incidental_fees.cfm for details.
Unit coordinator: Title: Dr
Name: Wei Hu
Phone: +61424636862
Email: [email protected]
Location: Building: 408 - Room: 3031
Consultation times: TBA

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21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Teaching Staff: Name: Murugiah Thuriasamy

Phone: 08 9266 4417
Email: [email protected]
Location: Building: 408 - Room: TBA

Administrative contact: Name: Sonnette Dykman

Phone: +61 9266 9944
Email: [email protected]
Location: Building: 408 - Room: 2010
Learning Management System: Blackboard (lms.curtin.edu.au)

Acknowledgement of Country
We respectfully acknowledge the Indigenous Elders, custodians, their descendants and kin of this land past and
present. The Centre for Aboriginal Studies aspires to contribute to positive social change for Indigenous
Australians through higher education and research.

Coronavirus (COVID-19) Update

Curtin University is committed to supporting all our students and staff whether they are on campus, working
remotely or overseas. Your health, safety and wellbeing are our priority and the continuing COVID-19 pandemic
may require changes to the unit schedule, learning activities, delivery modes and assessment to provide flexible
and safe options to our community. Curtin will endeavour to keep changes and disruptions to a minimum at all
times. For current advice and further information visit https://www.curtin.edu.au/novel-coronavirus/.

Syllabus
This unit covers the theoretical foundations of derivative securities, financial 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
clear understating of theory and practice managing derivative securities, and the foundations necessary to
pursue academic research or financial market careers in derivatives.
All students can access the ilecture and itutorial recordings and the collaborate Ultra recordings of the
previous round.
All students in this unit have the opportunity to contact UC and Muru for additional consultation.
My consult times are listed in the contacts tab on the blackboard. I encourage all students to connect me
through collaborative ultra during my scheduled hours.

Unit Learning Outcomes

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21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

All graduates of Curtin University achieve a set of six Graduate Capabilities during their course of study. These
inform an employer that, through your studies, you have acquired discipline knowledge and a range of other skills
and capabilities which employers would value in a professional setting. Each unit in your course addresses the
Graduate Capabilities through a clearly identified set of learning outcomes. They form a vital part in the process
referred to as assurance of learning. The learning outcomes notify you of what you are expected to know,
understand or be able to do in order to be successful in this unit. Each assessment for this unit is carefully
designed to test your knowledge of one or more of the unit learning outcomes. On successfully completing all of
the assessments you will have achieved all of these learning outcomes.
Your course has been designed so that on graduating you will have achieved all of Curtin's Graduate Capabilities
through the assurance of learning processes in each unit.
Graduate Capabilities
On successful completion of this unit students can:
addressed
1 Construct derivatives theory from abstract theoretical concepts

2 Adapt derivatives theory to market practice

3 Evaluate the financial economic implications of financial engineering methods

4 Analyse and communicate financial derivatives pricing and risk management

ideas in a clear and succinct manner
Curtin's Graduate Capabilities
Apply discipline
Innovative, creative and Effective communicators
knowledge, principles
entrepreneurial with digital competency
and concepts

Culturally competent to engage

Globally engaged and Industry connected and
respectfully with local First Peoples
responsive career capable
and other diverse cultures

Find out more about Curtin's Graduate Capabilities at the Curtin Learning and Teaching website: clt.curtin.edu.au

Learning Activities
All students in this unit participate in the weekly learning activities.
LECTURES
It is recommended that students commit to a structured learning process to promote and reinforce deep
learning. For example:
- Complete pre-reading (text chapters, lecture slides) and attend ilectures, to familiarise yourself with the
material and to identify shortfalls in understanding. Start with the textbook, attend ilectures (if needed
listen to ilecture multiple times), together they will direct you to what is important.
- While attending the ilectures, take additional notes to clarify key concepts and to eliminate shortfalls in
understanding. I encourage you to ask questions in the discussion board if more clarification is required.
- Review the lecture material later the same day. Identify any outstanding difficulties, and try to obtain
answers from other sources (e.g. other textbooks, etc.). If not resolved, please post questions on the
discussion board.
- Seek clarification on any issues you do not fully understand in the course material. In the event that there
are still shortfalls in your understanding at the end of this process, ask the lecturer during consultation
time with specific questions. Make sure you are prepared well, as lecturers do not give answers per se, they
help you to discover the answers yourself.
TUTORIALS

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21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Active participation is expected from students during attending itutorials. Participation includes, but is not
limited to:
- Asking and/or answering questions;
- Attempting tutorial questions prior to tutorial class and being ready to discuss your questions in
consultation; and
- Demonstrating that you have read lecture slides, relevant text chapters, etc.
- Attend the tutorial and participate actively (hence attempt all tutorial questions prior to looking at answers,
struggling with how to choose between alternatives is part of the learning process. Capitulating after minimal
or no effort to the answers is not the way to learn).
Tutorials are your forum for informal feedback on your progress in the unit, as well as the primary means of
solving issues as soon as they arise. The success of the tutorial process is in the hands of the students. A lack
of engagement by students means a lost opportunity to improve your performance which is difficult to make
up elsewhere.
Tutorial and lecture notes are all available on Blackboard.

Learning Resources

Library Reading List

The Reading List for this unit can be accessed through Blackboard.
Essential texts
The required textbook(s) for this unit are:

l Title: Fundamentals of futures and options markets by John Hull. Pearson Global Edition.
ISBN: 9781488686641 (or 9781292155036)
Note the previous versions of the textbook are recommended. The supplier advised that the global edition
is essentially the same text as the previous version content-wise but different when it comes to formatting
and layout.

(ISBN/ISSN: 9781488686641 )

Online resources

l Title: Fundamentals of futures and options markets by John Hull. Pearson Global Edition.
ISBN: 9781488686641 (or 9781292155036)
Note the previous versions of the textbook are recommended. The supplier advised that the global edition
is essentially the same text as the previous version content-wise but different when it comes to formatting
and layout.

(http://link.library.curtin.edu.au/primo/course?INVE3000 )
(ISBN/ISSN: 9781488686641 )

Other resources
Recommended texts: the following text books are not essentital and hence you do not have to purchase them.
You may like to refer to them to help you with this unit.
- Chance, D. (2004). An introduction to derivatives and risk management (6th ed.).
- McDonald, R. (2003). Derivative markets. Addison Wesley, Boston.
- Wilmott, P. (2000). Quantitative finance. Wiley, Chichester.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

- Haug, E. (2007). Complete guide to option formulas (2nd Ed.). McGraw-Hill.

Assessment

Assessment policy exemptions

l There are no exemptions to the assessment policy

Assessment schedule
Unit
Late Assessment
Value Learning
Task Date Due Assessments Extensions
% Outcome(s)
Accepted?* Considered?*
Assessed
Case Study 35% Week: 11 1,2,3 Yes Yes
Day: Sun. 22nd May,
1 2022
Time: 23:00 (WA
time)
Assignment 40% Week: 8 1,2,3,4 Yes Yes
Day: Sun. 1st May,
2 2022
Time: 23:00 (WA
time)
Semester Test 25% Week: 14 1,2,3,4 No Yes
Day: Tuesday 14th
3 June 2022
Time: 12 noon (WA
time)
*Please refer to the Late Assessment and the Assessment Extension sections below for specific details and
conditions.

Detailed information on assessment tasks

1. Case study due in week 11. The case study must be submitted via "Turnitin" in Blackboard. The deadline will be strictly
observed and late penalties will be applied accordingly.
2. The assignment is due in week 8 and must be submitted via "Turnitin" in Blackboard. The deadline will be strictly
observed and late penalties will be applied accordingly.
3. The test will be held in week 14. The test will cover all lectures from Module 1 to 12 and all tutorials.
IMPORTANT NOTE: the test will be an open-book online test. More details are to be advised.

Pass requirements
Students are required to attempt and submit all assessment tasks and achieve an overall mark of 50 or above to pass
the Unit.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Assessment Moderation

Fair assessment through moderation

Moderation describes a quality assurance process to ensure that assessments are appropriate to the learning
outcomes, and that students work is evaluated consistently by assessors. Minimum standards for the moderation
of assessments are described in the Assessment and Student Progression Manual, available from
policies.curtin.edu.au/findapolicy/

Pre-marking moderation
The following pre-marking moderation practices are employed in this unit:
During course review processes the assessment design and management of the task related to moderation practices are
considered. Planned tasks are reviewed against the unit learning outcomes and syllabus, and the fairness of the assessment
judged. When a new assessment is planned, outside of the course review process, the Unit Coordinator (UC) discusses the
assessment design and marking guide with the unit’s co-assessor and other teaching staff. The UC and the co-assessor discuss
and finalise the content of all assessments before releasing them to students. Marking guides or rubrics are developed by the
UC and co-assessor to ensure consistent marking practices. The requirements of the assessment task are clearly
communicated to students

Intra-marking / Post-marking moderation

The following intra-marking moderation practices are employed in this unit:
Where there are multiple staff marking assessments, the UC will ensure consistency across markers during the marking
process. A random selection of assessment submissions are assessed independently by two or more markers and the graded
work compared. Where differences occur, strategies will be adopted to ensure consistency of marking.

The following post-marking moderation practices are employed in this unit:

A sample of marked assessment are “second marked” to ensure consistency across markers and locations. The unit
coordinator conducts a review of the marked assessments prior to the release of marks to students. This may involve: 1.
Statistical analysis - The marks are analysed to see if there are variations in the marks. 2. Check outliers - Identify extreme ‘high’
and ‘low’ scoring assessments to check marking. 3. Check borderline assessments - Identify borderline pass or fails to check
marking. The unit coordinator will also check for the extent and consistency of feedback provision. Students are invited to
review their papers and if any inconsistencies are apparent to discuss with the unit coordinator.

Late assessment
Where the submission of a late assessment is permitted, late penalties will be consistently applied in this unit.
Where a late assessment is permitted for an assessment item or the entirety of the unit (refer to the Assessment
Schedule table in this Unit Outline) and the student does not have an approved assessment extension:

1. For assessment items submitted within the first 24 hours after the due date/time, students will be penalised
by a deduction of 5% of the total marks allocated for the assessment task;
2. For each additional 24 hour period commenced an additional penalty of 10% of the total marks allocated
for the assessment item will be deducted; and
3. Assessment items submitted more than 168 hours late (7 calendar days) will receive a mark of zero.

Where late assessment is NOT permitted for an assessment item or the entirety of the unit (refer to the
Assessment Schedule table in this Unit Outline) and the student does not have an approved assessment extension:

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

1. All assessment items submitted after the due date/time will receive a mark of zero.

Assessment extension
Where an application for an assessment extension is permitted for an assessment item(s) within this unit (refer to
the Assessment Schedule table in this Unit Outline):

1. A student who is unable to complete an assessment item by/on the due date/time as a result of exceptional
circumstances beyond the student’s control, may apply for an assessment extension on the Assessment
Extension Application Form as prescribed by the Academic Registrar. The form is available on the Forms
page at https://students.curtin.edu.au/essentials/forms-documents/forms/ and also within the student's
OASIS (My Studies tab – Quick Forms) account.
2. The student will be expected to submit their application for an Assessment Extension with supporting
documentation via the online form.
3. Timely submission of this information supports the assessment process. For applications that are declined,
delayed submission may have significant ramifications on the possible marks awarded.
4. An application may be accepted up to five working days after the due date/time of the assessment item
where the student is able to provide a verifiable explanation as to why they were not able to submit the
application prior to the assessment due date/time

Where an application for an assessment extension is NOT permitted for an assessment item(s) within this unit
(refer to the Assessment Schedule table in this Unit Outline):

1. All assessment items submitted after the due date/time will be subject to late penalties or receive a mark of
zero depending on the unit permitting late assessment submissions.

Deferred assessments
If your results show that you have been granted a deferred assessment you should immediately check OASIS for
details.
Deferred examinations/tests will be held from 13/07/2022 to 19/07/2022 . Notification to students will be made
after the Board of Examiners’ meeting via the Official Communications Channel (OCC) in OASIS.

Further assessment
Further assessments, if granted by the Board of Examiners, will be held between 13/07/2022 and 19/07/2022 .
Notification to students will be made after the Board of Examiners meeting via the Official Communications
Channel in OASIS.
It is the responsibility of the student to be available to complete the requirements of a further assessment. If your
results show that you have been granted a further assessment you should immediately check OASIS for details.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Reasonable adjustments for students with disabilities/health circumstances likely to impact on

studies
A Curtin Access Plan (CAP) is a document that outlines the type and level of support required by a student with a
disability or health condition to have equitable access to their studies at Curtin. Carers for people with disability
may also be eligible for support. This support can include alternative exam or test arrangements, study materials
in accessible formats, access to Curtin's facilities and services or other support as discussed with an advisor from
AccessAbility Services.
Documentation is required from your treating Health Professional to confirm your health circumstances or carer
responsibilities.
If you think you may be eligible for a CAP, please contact AccessAbility Services. If you already have a CAP please
provide it to the Unit Coordinator in week 1 of each study period.

Referencing style
The referencing style for this unit is Chicago 17th B.
More information can be found on this style from the Library web site:
https://libguides.library.curtin.edu.au/uniskills/referencing/chicago17.

Privacy
As part of a learning or assessment activity, or class participation, your image or voice may be recorded or
transmitted by equipment and systems operated by Curtin University. Transmission may be to other venues on
campus or to others both in Australia and overseas.
Your image or voice may also be recorded by students on personal equipment for individual or group study or
assessment purposes. Such recordings may not be reproduced or uploaded to a publicly accessible web
environment. If you wish to make such recordings for study purposes as a courtesy you should always seek the
permission of those who are impacted by the recording.
Recording of classes or course materials may not be exchanged or distributed for commercial purposes, for
compensation, or for any other purpose other than personal study for the enrolled students in the unit. Breach of
this may subject a student to disciplinary action under Statute No 10 – Student Disciplinary Statute.
If you wish to discuss this please talk to your Unit Coordinator.

Copyright
The course material for this unit is provided to you for your own research and study only. It is subject to
copyright. It is a copyright infringement to make this material available on third party websites without the express
written consent of Curtin University.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Academic Integrity (including plagiarism and cheating)

Academic Integrity
Curtin's Student Charter, Academic Integrity Program (AIP), and core Values guide expectations regarding student
behaviour and responsibilities. Information on these topics can be found on the Academic Integrity Website.
Academic Integrity Warnings
An Academic Integrity Warning may be issued to a New-to-Curtin student in limited circumstances and only where
misconduct is not involved.
Academic Misconduct
Staff members are required to report suspected misconduct. Academic Misconduct means conduct by a student
that is dishonest or unfair in connection with any academic work. This includes all types of plagiarism, cheating,
collusion, falsification or fabrication of content, and behaviours like falsifying medical certificates for extension.
Contract cheating, the use of file sharing, translation services/apps, paraphrasing tools (text-spinners) and
assignment help websites also may be considered academic misconduct. The longer term personal, social, and
financial consequences of misconduct can be severe, so please ask for help if you are unsure.
If your work is the subject of an inquiry, you will be given an opportunity to respond and appropriate support will
be provided. Academic work under inquiry will not be graded until the process has concluded. Penalties for
misconduct may include a warning, a reduced or nil grade, a requirement to repeat the assessment, an annulled
grade (ANN) or termination from the course. For more information refer to Statute No.10 Student Discipline and
Academic Misconduct Rules.

Information and Communications Technology (ICT) Expectations

Curtin students are expected to have reliable internet access in order to connect to OASIS email and learning
systems such as Blackboard and Library Services.
You may also require a computer or mobile device for preparing and submitting your work.
Students are expected to have all the necessary equipment to study this unit, e.g., desktop or laptop computer,
Internet connection.
For general ICT assistance, in the first instance please contact OASIS Student Support:
oasisapps.curtin.edu.au/help/general/support.cfm
For specific assistance with any of the items listed below, please contact The Learning Centre:
life.curtin.edu.au/learning-support/learning_centre.htm

l Using Blackboard, the I Drive and Back-Up files

l Introduction to PowerPoint, Word and Excel

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Additional information
If you need support or to access IT equipment on the Curtin Perth campus find out more
here: www.students.curtin.edu.au/study-support/facilities-equipment/. If access to any necessary equipment is not
available students should use the resources available in the Curtin University Library. If accessing the Curtin Library
is not possible, please contact your Unit Coordinator, Wei Hu, who will be able to refer you to support service.

Curtin Connect IT Support is available by phone (Phone: 1300 222 888)

For on campus Abacus lab assistance please call the IT Service Desk on 08 9266 9000 option 2, or email
[email protected]

As a Curtin student, you have access to a range of free and discounted software. Follow the steps below to
download your free copy of Microsoft Office 365. Within the OASIS ‘Welcome’ tab, click on ‘Open your OASIS
email’. Click ‘Office 365’ in the top left corner of the page. Select ‘Install Office’ and follow the prompts.

Enrolment
It is your responsibility to ensure that your enrolment is correct - you can check your enrolment through the
eStudent option on OASIS, where you can also print an Enrolment Advice.

Student Rights and Responsibilities

It is the responsibility of every student to be aware of all relevant legislation, policies and procedures relating to
their rights and responsibilities as a student. These include:

l the Student Charter

l Values and Signature Behaviours
l the University's policy and statements on plagiarism and academic integrity
l copyright principles and responsibilities
l the University's policies on appropriate use of software and computer facilities

Information on all of the above is available through the University's "Student Rights and Responsibilities" website
at: students.curtin.edu.au/rights.
Note: In Australia and other jurisdictions, students are required to complete a screening check prior to
undertaking any activities that include children (e.g. surveying children at a school as part of a project). If this
applies to you, start by contacting your unit coordinator for advice.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Student Equity
There are a number of factors that might disadvantage some students from participating in their studies or
assessments to the best of their ability, under standard conditions. These factors may include a disability or
medical condition (e.g. mental illness, chronic illness, physical or sensory disability, learning disability), significant
caring responsibilities, pregnancy, religious practices, living in a remote location,or another reason. If you believe
you may be unfairly disadvantaged on these or other grounds please contact the appropriate service below. It is
important to note that the staff of the University may not be able to meet your needs if they are not informed of
your individual circumstances, so please get in touch with the appropriate service if you require assistance.
To discuss your needs in relation to:

l Disability or medical conditions, contact AccessAbility Services: https://students.curtin.edu.au/personal-

support/disability/
l Elite athletes, contact Elite Athlete Coordinator: https://stadium.curtin.edu.au/sport/academy/elite-athlete-
program/
l All other grounds, contact the Student Wellbeing Advisory Service: https://students.curtin.edu.au/personal-
support/counselling-guidance/wellbeing/

Recent unit changes

Students are encouraged to provide unit feedback through eVALUate, Curtin's online student feedback system.
For more information about eVALUate, please refer to evaluate.curtin.edu.au/info/.

To view previous student feedback about this unit, search for the Unit Summary Report at
https://evaluate.curtin.edu.au/student/unit_search.cfm. See
https://evaluate.curtin.edu.au/info/dates.cfm to find out when you can eVALUate this unit.

Recent changes to this unit include:

Course material is updated.
Assessments are re-designed.
The online virtual collaborative lecture is replaced by Face-to-face lecture delivery but is still subject to changes due to the
severity of the pandemics. The recording can be accessed by students from online and internal and from all campuses.
We provide online virtual collaborative consultation, which can be accessed by students from online and internal,
and from all campuses.
Assessments will use Eikon/Datastream data. The access account will be created for all students from all
campuses.

Assessments are related to SRI - Social responsibility investment or sustainable responsible investment.

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Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
Downloaded by Liam _ ([email protected])
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Faculty of Business and Law 

School of Accounting, Economics and
Finance

Program calendar
Program Calendar – Semester 1/Trimester 1A 2022
Week Begin Lecture/ Prereading Tutorial/Other Assessment Due
Date Seminar

Orientation 21 Orientation Week

February

1. 28 Derivatives market 1,2,9,24,25 No tutorial

February review and Quantum
(Module 1)
Fintech in capital
market

2. 7 March Pricing of forward and 5 Module 1

futures contracts tutorial
(Module 2)

3. 14 Interest rate 4, Module 2

March tutorial
(Module 3)

4. 21 Hedging using futures 3,6 Module 3

March contracts tutorial
(Module 4)

5. 28 FRA, SWAP, credit 7,8,23 Module 4

March derivatives tutorial
(Module 5)

6. 4 April Properties of stock 9,10,11 Module 5

options and trading tutorial
(Module 6)
strategies

7. 11 April Binomial option pricing 12,18 Module 6 15/04 is Public Holiday. Lecture
model and American tutorial (Bentley) will be delivered online
(Module 7)
options in Collaborate Ultra.

18 April Tuition-Free Week

8. 25 April Black-Scholes-Merton 13,14 Module 7 Assignment due on 1 May at

model tutorial 23:00 (WA time)
(Module 8)

9. 2 May Option Greeks 17,19 Module 8

tutorial
(Module 9)

10. 9 May Index currency and 15,16 Module 9

futures options tutorial
(Module
10)

11. 16 May Review Lecture Module 10 Case study due on 22 May at

tutorial 23:00 (WA time)
(Module
11)

12. 23 May Assignment Review

(Module
12)

INVE3000 Introduction to Derivative Securities Page: 12 of 13


Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
Downloaded by Liam _ ([email protected])
 lOMoARcPSD|42586140

Faculty of Business and Law 

School of Accounting, Economics and
Finance

30 May Study Week

13. 6 June Final Assessment

14. 13 June Final Assessment The 90-minute E-test will be

available from Monday, 13 June
at 12 noon (WA time) and due
on Tuesday, 14 June at 12 noon
(WA time).

INVE3000 Introduction to Derivative Securities Page: 13 of 13


Bentley Perth Campus CRICOS Provider Code 00301J
21 Feb 2022 The only authoritative version of this Unit Outline is to be found online in OASIS
School of Accounting, Economics and Finance, Faculty of Business and Law
Downloaded by Liam _ ([email protected])