Basic knowledge of derivative markets, forward contracts (including FX-forwards), futures contracts (including stock index, bond, money market, and commodity futures); valuation of these instruments; use of derivative instruments to hedge against financial risks (FX, commodity, interest rate, and stock price risks); treatment of financial instruments in financial statements according to IAS (International Accounting Standards) and IFRS (International Financial Reporting Standards); consequences of hedging activities for financial statements; use of different types of hedging approaches (fair value hedging, cash flow hedging, net investment hedging).
By solving concrete problems, assignments and case studies the topics of the lectures are trained in practical applications.
Forward and Futures
Options
IFRS financial statement issues and valuation methods
Fair Value Hedging, Cash Flow Hedging, Net Investment Hedging
Knowledge of the topics taught in the course:
* Project and Enterprise Financing (320.214)