No prerequisites have been established. However, it is advisable to have knowledge of financial mathematics, investment and financial management
The aim of this course is to provide students with the basic knowledge regarding short and long term financial planning and financial management of the company from derivative instruments. The course deals with the issue of managing current assets and liabilities and developing a financial plan, as well as describing and analysing the most common derivative assets, their pricing and their use in hedging, arbitrage and speculation operations.
This elective course is included in the Economic-Financial and Fiscal Management mention, in which the aim is to provide the student with a practical overview of subjects related to the accounting, financial and fiscal environment of the company and other financial and brokerage institutions. The concepts developed in this course are fundamental for the financial management of private companies, especially credit institutions, as well as public and private entities. Furthermore, the notions learned in this course are basic for the construction of institutional portfolios, especially investment and pension funds, fixed income and equity.
| Course competences | |
|---|---|
| Code | Description |
| E01 | Develop the ability to manage and run a company or organization, understand their competitive and institutional position, and identify their strengths and weaknesses. |
| E03 | Develop and enhance the ability to establish the planning and organization of any task in a company with the ultimate goal of helping make business decisions. |
| E05 | Develop the ability to analyze any information on the situation and possible development of a company and transform it into a business opportunity. |
| E08 | Ability to produce financial information, relevant to the decision-making process. |
| E09 | Ability to carry out a financial evaluation of the different assets of a company at different points in time and at different levels of risk. |
| G01 | Possession of the skills needed for continuous, self-led, independent learning, which will allow students to develop the learning abilities needed to undertake further study with a high degree of independence. |
| G03 | Develop oral and written communication skills in order to prepare reports, research projects and business projects and defend them before any commission or group of professionals (specialised or non-specialised) in more than one language, by collecting relevant evidence and interpreting it appropriately so as to reach conclusions. |
| G04 | Ability to use and develop information and communication technologies and to apply them to the corresponding business department by using specific programmes for these business areas. |
| Course learning outcomes | |
|---|---|
| Description | |
| To apply the quantitative analysis of the company and its environment. | |
| Search for information in order to analyze it, interpret is meaning, synthesize it and communicate it to others. | |
| Know the exchange of economic resources over time between individuals, companies and financial institutions, which involves the analysis of investment decisions and financing in the company, the theory of portfolios, the valuation of assets and the functioning of the financial markets. | |
| Know the analytical models and techniques of the economic and legal environment currently faced by enterprises, with special attention given to the search for opportunities and the anticipation of potential changes. | |
| Additional outcomes | |
| Description | |
| - Understand the importance of financial markets. | |
| - Understand the trading of basic derivative securities. | |
| - Be familiar with the main features of the financial options and futures markets | |
| - Know the benefits and potential drawbacks of trading financial derivatives. | |
| - Pricing basic and complex derivative assets based on different approaches | |
| - Understand the application of financial derivatives as a hedging and/or speculative instrument | |
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Unit 1: Management of current assets and liabilities
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Unit 2: Short- and long-term financial management
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Unit 3: Financial options and futures markets
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Unit 4: Pricing, hedging and speculation with financial derivatives
| Training Activity | Methodology | Related Competences (only degrees before RD 822/2021) | ECTS | Hours | As | Com | R | Description * |
| Class Attendance (theory) [ON-SITE] | Lectures | E01 E03 E05 E08 E09 | 0.8 | 20 | N | N | N | |
| Class Attendance (practical) [ON-SITE] | Problem solving and exercises | E08 G01 G04 | 0.4 | 10 | N | N | N | |
| Problem solving and/or case studies [ON-SITE] | Combination of methods | E08 G01 G04 | 0.3 | 7.5 | Y | N | N | |
| Study and Exam Preparation [OFF-SITE] | Self-study | E01 E03 E05 E08 E09 | 2.2 | 55 | N | N | N | |
| Other off-site activity [OFF-SITE] | Practical or hands-on activities | G01 G03 | 0.7 | 17.5 | Y | Y | Y | |
| Final test [ON-SITE] | Assessment tests | G01 G03 G04 | 0.1 | 2.5 | Y | Y | Y | |
| Total: | 4.5 | 112.5 | ||||||
| Total credits of in-class work: 1.6 | Total class time hours: 40 | |||||||
| Total credits of out of class work: 2.9 | Total hours of out of class work: 72.5 | |||||||
As: Assessable training activity Com: Training activity of compulsory overcoming R: Rescheduling training activity
| Grading System | |||
| Evaluation System | Face-to-Face | Self-Study Student | Description |
| Final test | 70.00% | 0.00% | |
| Other methods of assessment | 30.00% | 0.00% | |
| Total: | 100.00% | 0.00% | |
2.- Evaluation by objective test in which students prove their understanding of theoretical concepts and the capability to analyze and solve practical problems.
3.- In this test, at least 50 % of the maximum score (5 out of 10) must be obtained.
| Not related to the syllabus/contents | |
|---|---|
| Hours | hours |
| Class Attendance (theory) [PRESENCIAL][Lectures] | 20 |
| Class Attendance (practical) [PRESENCIAL][Problem solving and exercises] | 10 |
| Problem solving and/or case studies [PRESENCIAL][Combination of methods] | 7.5 |
| Study and Exam Preparation [AUTÓNOMA][Self-study] | 55 |
| Other off-site activity [AUTÓNOMA][Practical or hands-on activities] | 17.5 |
| Final test [PRESENCIAL][Assessment tests] | 2.5 |
| Global activity | |
|---|---|
| Activities | hours |
