Program Overview

Program Overview

The University of British Columbia Sauder School of Business offers various programs and courses for students. One of the courses is COMM_V 477 - Risk Management and Financial Engineering.

Course Description

Most corporations and financial institutions face financial risks arising from changes in market variables such as interest rates, foreign exchange rates, commodity prices, and stock prices. Because they offer low transaction costs and new profit patterns, Forward, Futures, Options, and other derivative products have become essential tools for managing financial risks. Derivatives can also be added to bonds or otherwise combined to create new securities that can be used for risk management. The process of constructing new instruments from these building blocks is called financial engineering.

Learning Objectives

Upon successful completion of this course, students will:

• have a working knowledge of how derivatives can be used in managing financial risks.
• be able to use and price these securities, describe the markets in which they trade, and provide examples of how they can be used to create new securities.
• know how risk management contributes to firm value.

Course Details

• Prerequisite: COMM 374.
• Course credits: 3.

Program Requirements

The program requirements include:

• Combined Major in Business and Computer Science
• UBC Sauder – HKU Dual Degree Program
• General Program Requirements
• Transfer students

Course Planning and Registration

• Course Search
• Registering for Courses
• Summer Courses
• Registration Assistance
• Taking Courses Outside of UBC
• Requesting Documentation
• Academic Progress Report (APR)
• BCom Course Planning Worksheets

Options

• How to Choose Your Option
• Option Declaration
• Accounting
• Business Technology Management
• Entrepreneurship
• Finance
• Early Start to the Finance Option
• General Business Management
• Global Supply Chain and Logistics Management
• Marketing
• Operations and Logistics
• Organizational Behaviour and Human Resources
• Real Estate
• Double Options

Elective Requirements

The elective requirements are part of the program.

Exams and Grades

• Exams
• Grades
• Academic Standing and Class Standing
• Academic Honours
• Campus Closures
• Failed Year

Specialized Academic Opportunities

• UBC SWIFT: UBC Sauder Women in Finance Training
• Commerce Scholars Program
• UBC Sauder Public Speaking Competition
• UBCO Cross Campus Mobility

Minors and Concentrations

• Minor in Arts or Science
• Minor in Commerce
• Business Analytics Concentration
• Business Law Concentration
• International Business Concentration
• Sustainability and Social Impact Concentration

Scholarships and Funding

• Scholarship Search
• OSAS Student Experience Grants

Graduation

The graduation process is part of the program.