Derivatives are key instruments for firms to transfer and mitigate their risks. The major classes are forward contracts, futures, options and swaps. According to Robert Merton, risk management is one of the key functions of the financial system and also one of the analytical pillars of finance. The theory of option pricing is one of the key ideas in finance for which Myron Scholes and Robert Merton were awarded their Nobel Prize. The Black-Scholes-Merton option-pricing model has been described as 'the workhorse of the financial services industry'. Understanding derivative pricing is important for financial engineers seeking to address financial problems.
Derivatives are important instruments for firms to manage risk. Financial futures are one of the most heavily traded markets in the world. Swaps are among the newest risk management products. Option markets expanded following the introduction of the Black-Scholes model.
- Teacher: Andre Albert
It is generally agreed that management development refers to the process by which individuals improve their capabilities and learn to perform effectively in managerial roles. But the enduring simplicity of this definition is deceptive. Each element attracts controversy. For instance, what exactly is included in the term development, and how is this to be distinguished from management training, education and learning? Why should we focus exclusively on managers and managerial roles? What is meant by effective performance, and how is this to be interpreted and measured?
- Teacher: Darryl White
It is generally agreed that management development refers to the process by which individuals improve their capabilities and learn to perform effectively in managerial roles. But the enduring simplicity of this definition is deceptive. Each element attracts controversy. For instance, what exactly is included in the term development, and how is this to be distinguished from management training, education and learning? Why should we focus exclusively on managers and managerial roles? What is meant by effective performance, and how is this to be interpreted and measured?
- Teacher: Darryl White
The aim of the Economics for Business course is to develop in students a
systematic approach to decision-making and the ability to recognise,
use and interpret economic information from both within the organisation
and the wider environment.
- Teacher: Akeem Rahaman
The aim of the Economics for Business course is to develop in students a
systematic approach to decision-making and the ability to recognise,
use and interpret economic information from both within the organisation
and the wider environment.
- Teacher: Akeem Rahaman
This course focuses on the employment relationship, the conflicts inherent to that relationship and the processes used to resolve these conflicts and manage the relationship. In the era of globalisation, an increasing internationalisation of markets, supply chains and production activities and with many organisations needing to be competitive internationally as well as locally the employment relationship is subject to a much wider range of influences than has traditionally been the case. These influences and their implications for employee relations are examined in depth in this course.
- Teacher: Caron Greaves
This course focuses on the employment relationship, the conflicts inherent to that relationship and the processes used to resolve these conflicts and manage the relationship. In the era of globalisation, an increasing internationalisation of markets, supply chains and production activities and with many organisations needing to be competitive internationally as well as locally the employment relationship is subject to a much wider range of influences than has traditionally been the case. These influences and their implications for employee relations are examined in depth in this course.
- Teacher: Jerome Singh
Employee Resourcing is concerned with the range of methods and approaches used by employers in resourcing their organisations in such a way as to enable them to meet their key goals. It therefore involves staffing (recruitment, selection, retention and dismissal), performance (appraisal and management of performance), administration (policy development, procedural development, documentation) and change management.
- Teacher: Jerome Singh
Employee Resourcing is concerned with the range of methods and approaches used by employers in resourcing their organisations in such a way as to enable them to meet their key goals. It therefore involves staffing (recruitment, selection, retention and dismissal), performance (appraisal and management of performance), administration (policy development, procedural development, documentation) and change management.
- Teacher: Kevin Ruiz
Employee Resourcing is concerned with the range of methods and approaches used by employers in resourcing their organisations in such a way as to enable them to meet their key goals. It therefore involves staffing (recruitment, selection, retention and dismissal), performance (appraisal and management of performance), administration (policy development, procedural development, documentation) and change management.
- Teacher: Jerome Singh