Derivatives Course

What will I learn?
This course covers the full derivatives landscape, starting with market structure and instrument classification before moving into rigorous pricing and hedging techniques. You will learn no-arbitrage forward pricing, futures mechanics and hedge ratio construction, and the Black-Scholes-Merton framework for options valuation. The curriculum then addresses the Greeks, dynamic delta hedging, and volatility analysis, followed by comprehensive swap valuation and credit default swap mechanics. Advanced modules cover multi-leg options strategies, equity and fixed income overlays, structured products, and counterparty credit risk including CVA and FVA. Supplementary chapters address quantitative tools, regulatory compliance, and Python-based implementation.
Elevify advantages
Develop skills
- Derivatives Pricing: Apply no-arbitrage models to price forwards, futures, options, and swaps.
- Options Greeks Management: Construct and rebalance delta-neutral portfolios using key risk sensitivities.
- Futures Hedging Design: Calculate optimal hedge ratios and evaluate hedge effectiveness across asset classes.
- Swap Valuation: Bootstrap discount curves and mark interest rate and currency swaps to market.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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