Wealth Management

The purpose of this module is to provide students with an overview of the theory and practice of pricing and hedging derivative securities. These include forward and futures contracts, swaps, and many different types of options. This module covers diverse areas of derivatives, such as equity and index derivatives, foreign currency derivatives and commodity derivatives, as well as interest rate derivatives. This module also addresses the issue of how to incorporate credit risk into the pricing and risk management of derivatives. All the relevant concepts are discussed based on the discrete time binomial model and the continuous time Black­Scholes model. The extensions of the Black­Scholes model are also discussed. The programme prepares students for a wide range of careers in the financial sector, especially as a wealth manager, financial advisor, or private banker. We offer extensive careers support services (one-on-one appointments, practice interviews, careers workshops, etc.) to MSc students during their studies and for 3 years after graduation.