NBA 6740

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  • Schedule of Classes - April 13, 2026 10:10AM EDT

NBA 6740
Derivatives Securities Part II

Course information provided by the 2026-2027 Catalog.

This course is the sequel to NBA-6730 (Derivative Securities I). It is an introduction to the models used in industry to price and hedge derivatives. If focuses on the multiperiod binomial and the Black-Scholes-Merton models. Essential in the application of these models to practice is an understanding of the models' assumptions and how the model's implications change if the assumptions are violated. Consequently, the two goals of this course are to understand: (1) if the assumptions underlying the models hold, how to apply these models in practice, and (2) if the assumptions don't hold, what are the models' generalizations. The course is quantitative in nature, and it requires the use of algebra, some basic calculus, and simple probability theory.


Prerequisites NCC 5060 or NCC 5560 or AEM 5241 or HADM 7230 or equivalent, or permission of the instructor.

Last 4 Terms Offered 2026SP, 2024FA, 2023FA, 2022FA

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Syllabi: none

  •   Seven Week - Second. 

  • 1.5 Credits Opt NoAud

  • 16971 NBA 6740   LEC 001

  •  
    • MW
    • Oct 14 - Dec 4, 2026

    • Jarrow, R

  • Instruction Mode: In Person

    Enrollment limited to: Johnson Master of Business Administration (MBA), graduate students, seniors, and juniors. ** S/U or Letter Grade Only - NO AUDITS ALLOWED ** Deadline to change grading option: November 11, 2026. This course counts as a Management Science Elective.
    Add/Drop Dates: 9:00 am, August 17, 2026 - 11:59 pm, September 8, 2026 with an additional add/drop period 8:00 am, October 14, 2026 - 11:59 pm, October 21, 2026. Students will be required to obtain faculty permission to add/drop after October 21, 2026. If you drop after November 11, 2026, a "W" will be posted on your transcript.