Course unit title

Financial Management of Small and Medium Enterprises

Course unit code

MNK330

Type of course unit (compulsory, optional)

optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

The first cycle of Bachelor Degree Program

Year of study when the course unit is delivered

(if applicable)

2020 - 2021

Semester/trimester when the course unit is delivered

The 6th Semester of Bachelor Study

Number of ECTS credits allocated

4.8 Credits

Name of lecturer(s)

  1. Noorlaily Fitdiarini, SE.,MBA
  2. Wisudanto, Dr.,SE.,MM.,CFP
  3. Nugroho Sasikirono, SE.,MM
  4. Made Gitanadya Ayu Ariani, SE.,MSM

Learning outcomes of the course unit

After completing  this course,the students are expected to be able to explain the derivative market along with the instruments contained in it, forward trading mechanisms, futures, options,swaps, and how to carry out hedging strategies. In addition, students are also expected to apply forward, future and option pricing methods.

Mode of delivery (face-to-face, distance learning)

Face-to-face and distance learning (using https://hebat.elearning.unair.ac.id/ )

Prerequisites and co-requisites (if applicable)

Financial Management II

Course content

1.Introduction

2.Mechanics of Futures Markets

3.Hedging Strategies Using Futures

4.Interest Rate

5.Determination of Forward and Futures Prices

6.Swaps

7.Mechanics of Options Markets

8.Valuing Stock Options:  The Black-Scholes Model

9.Options on Stock Indices and Currencies

10.The Greek Letters

11.Value at Risk

12.Interest Rate Options

Recommended or required

reading and other learning resources/tools

Hull, John C., Fundamentals of Futures and Options Markets, Sixth Edition, Pearson International Edition, 2008.

Planned learning activities and teaching methods

Lectures, Discussions, and Quizzes.

Language of instruction

Indonesian

Assessment methods and criteria

Midterm exam (30%), Final exam  (30%), Assignments/papers, and Class participation 40%