ØABED4200 Derivatives Course description

Part 1 Assessment of practical training

For practical training, there is a requirement for 80% attendance in theory, activities and practical training that is marked compulsory in the timetable, as well as 90% attendance during the practical training period itself. The student fills in the self-assessment for the start of the practical training, the rotating schedule during the first week of practical training and the self-assessment form no later than two working days before the agreed mid- and final assessment. Other compulsory assignments included in the overall assessment of the course are:

• Planning, preparing and delivering a plan and carrying out supervision for a group of first year students in cooperation with the practical training supervisor and contact lecturer (inspiration practical training).

Statistiske metoder, Finansstyring og Finansielle markeder.

Combined assessment.

Part 1 Assessment of practical training.

The assessment takes its point of departure in given criteria based on learning outcomes for the course, criteria for failing the practical training, criteria for suitability assessment and compulsory activities carried throughout the entire course. During the practical training period, a minimum of 90 percent attendance is required to pass the practical training. For more information, see the general part of the programme description about the assessment of practical training.

If the student has failed the practical training, the whole practical training course must be retaken. This includes associated requirements. Part 1 and part 2 appear on the diploma.

Part 2 Individual home examination.

• Three days.
• Scope: 2,500 words (+/- 10 %).

Part 1 and part 2 can be taken independently of each other. The student must have obtained a pass on both parts in order to pass the course as a whole and earn the credits. . Part 1 and part 2 appear on the diploma.

All aids are permitted, as long as the rules for source referencing are complied with.

• Introduksjon til futuresmarkedet og prising av futureskontrakter. Sikring med futures.
• Rentebytte og valutabytte (Swapper).
• Introduksjon til opsjoner. Binomiske og Black-Scholes modeller for opsjonsprising.
• Grekerne i opsjonsprising. Sikring mot opsjoner.

Part 1 Pass-fail.

Part 2 Grade scale A-F.

Grade scale stated on diploma.

Part 1 Contact lecturer approves grade after recommendation from practical training supervisor. The final decision on whether to award a pass or fail grade is made by the university.

Part 2 All answers are assessed by two examiners.

An external examiner is used regularly, at a minimum of every third completion of the course. When selecting answers for external evaluation, a minimum of 10 percent of the answers shall be included, with no fewer than 5 answers. The external examiner’s assessment of the selected answers shall benefit all students.

SYKKPRA60x, SYKPRA60x and SYKDPRA60 are fully overlapping.

Én ordbok (enten morsmål-engelsk/engelsk-morsmål eller engelsk-engelsk).

Kalkulator (se eget reglement).

Gradert skala A-F.

Det benyttes intern og ekstern sensor til sensurering av besvarelsene.

Et uttrekk på minst 25 % av besvarelsene sensureres av to sensorer. Karakterene på disse samsensurerte besvarelsene skal danne grunnlag for å fastsette nivå på resten av besvarelsene.