Review by

Tejas Bhalla, 2023(BTech)

Course Offered In

Spring 2021

Instructors

Prof. S. Baskar

Prerequisites

SI 417

Difficulty

2/5

Course Content

The course covers the following topics-

• Derivatives Markets - Forward and futures contracts, options
• Asset Pricing Models - Trading strategies involving options, Black-Scholes model and formula
• Risk Managements - Risk-Neutral measure, Delta-hedging, options on stock indices, currency options

Feedback on Lectures

Being a Covid sem, the lectures were uploaded on YouTube to be viewed at any time. The videos primarily consisted of sir going through the notes created, and explaining with examples in some cases. The slots for lectures were reserved for doubt clearing sessions. The notes created by sir were extensive and complete and were alone sufficient for the whole course.

Feedback on Evaluations

The only evaluation conducted was 10 quizzes with the midden and endsems being 2 quizzes each. Each quiz was of 10% weightage and were open notes (both personal and sir’s notes). The exams would have 3 questions for 5 marks each and you could attempt all 3. The quizzes were out of 10 marks only and if you solved all 3 questions and scored above 10, it would be truncated to 10 marks directly. This made the exams much easier, but solving all 3 was tough in the time limit.

Study Material and References

• Sir’s notes were sufficient
• (https://www.probabilitycourse.com/)
• (https://www.investopedia.com/)

Follow-up Courses

The rest of the minor.

Final Takeaways

This course is very interesting and is a good course to explore especially if you’re interested in quantitative finance.

Grading Statistics: