BA 444/544 - Financial Risk Management
Winter 2006

[Syllabus]

Tentative Schedule

Date	Topic	Reading
Week 1: 3-Apr	Introduction	Strong, Chp. 1
5-Apr	What Risks & Why Manage Them?	Packet Read’g #1 (HBR Article) Packet Reading #2 (Corp. Derivs. Usage)
Week 2: 10-Apr	Options & Trading Strategies	Strong, Chp. 2, 3 Strong, Chp. 4 (Skip Pgs. 70-79)
12-Apr	Simulation Black-Scholes Pricing	Strong,Chp. 5 (Skip Pgs. 94-119) Chp. 6 & 15 (Skip Pgs. 322-328) Class Handout (Simltn Instructions)
Week 3: 17-Apr	Pricing cont’d & Beg’g Greeks	Strong, Chp. 7 (Skip Pgs. 157-163)
19-Apr	Greeks cont’d	Strong, Chp. 7 (Skip Pgs. 157-163)
Week 4: 24-Apr	Case Study	Packet Reading #3 (Keller)
26-Apr	Exam #1 (Risks, Strategies, Pricing & Greeks)
Week 5: 1-May	Futures Introduction & Pricing	Strong, Chp. 8, 9 & 11
3-May	Futures Hedging Examples	Strong, Chp. 8, 9 & 11
Week 6: 8-May	Futures Arbitrage	Strong, Chp. 8, 9 & 11
10-May	Swaps: Introduction	Strong, Chp. 13 Pgs. 275-280, 287-292
Week 7: 15-May	Swaps: Introduction, cont’d	Strong, Chp. 13 Pgs. 275-280, 287-292
17-May	Managing Interest Rate Risk	Packet Reading #4 (Interest Rate Derivs) Read Problem #1 at end of Rdg. #4.
Week 8: 22-May	Interest Rate Derivative Pricing	Strong, Chp. 13 Pgs. 275-280, 287-292
24-May	Exam #2 (Futures & IRDs)
Week 9: 29-May	Memorial Day (No Class)
31-May	Case Study	Packet Reading #5 (GM Liab. Mgmt.)
Week 10: 5-Jun	Project Discussion and Evaluations
7-Jun	Final Review & Due Date for MBA papers
Simulation Write-ups Due Noon Monday, June 6th Final: Friday, June 10, 9:30 AM No Final Exam