Study of the principles governing the use and valuation of options, swaps and financial futures. Emphasis will be placed on using these derivative securities for hedging. Prerequisite: FINC 5133 or equivalent. Class Notes: No face to face requirements, all class instruction and course requirements are online. Prerequisite must be completed prior to enrolling in class (See Catalog). Exams will be proctored either online at student expense or on campus without extra cost. Students registering for Online courses offered by UHCL may order textbooks Online for HOME DELIVERY from UHCL's bookstore at www.bkstr.com/houstonclearlakestore. Enrollment Requirements: Course is intended for non-online majors. If you are in an online major, please register for designated online section. Pre-requisite: FINC 5133.