Futures and Options


taught by Prof. Dr. E. Lütkebohmert-Holtz

  • Mondays, 14:00 - 16:00, HS 1221, KG I


The lecture starts on Monday, 20.04.2015.

It will cover discrete time and, at the end, also continuous time models for financial markets and the valuation of a variety of derivatives by no-arbitrage arguments and risk-neutral pricing.

The course accounts for 6 ECTS based on a 120min written exam.

For admission to the written examination students first have to successfully pass certain course achievements in the form of homework assignments. In particular, there will be 6 exercise sheets marked as homework assignments during the semester. Students are expected to solve these exercises and can submit their solutions for correction within a one week period after the homework sheet has been distributed. For each exercise sheet a total number of 20 points can be achieved. Students have to obtain at least 48 points, i.e., 40% of the total 120 points from all 6 homework assignments in order to be admitted to the examination.

The schedule for the distribution, submission, and discussion dates of the six homeworks is as follows:

 Distributed onSubmission on Discussion on
1. Homework30.
2. Homework18.
3. Homework08.
4. Homework22.
5. Homework29.
6. Homework06.




taught by Prof. Dr. E. Lütkebohmert-Holtz

  • Thursdays, 12:00 - 14:00, HS 1, Old University
  • The tutorial begins in the 2nd week on Thursday, 30.04.2015.

Course materials (lecture slides, exercise sheets etc.) will be available on the learning management system ILIAS of the university. The link below directly leads to the ILIAS site of the lecture: Futures and Options on ILIAS

The password necessary to register for the course on ILIAS will be given in the first lecture!



The first exam took place on August 7, 2015.

The post exam review will take place on

Monday, August 17, 2015, from 14.00 to 15.30

in the office of Prof. Dr. Lütkebohmert-Holtz (room 2314, KG II).

The date for the retake exam in the upcoming winter term (probably mid to end of January 2016) is not scheduled yet. It will be announced here as soon as it is fixed by the examination office.

For details on the registration and the registration period for the first exam, please also look at the websites of the examination offices of Economics and Mathematics for further information!


The lecture is open for M.Sc. Economics, B.Sc. and M.Sc. Mathematics, M.Sc. VWL and diploma students in their advanced study period.

In M.Sc. Economics, the course can be credited in the profile "Finance".

In M.Sc. Mathematics, the course can be credited for the special profile "Finanzmathematik" or as an elective (in the module mathematics).

In B.Sc. Mathematics, the course can be credited as an advanced lecture in mathematics.

In M.Sc. VWL, the course can be credited for

  • Quantitative Methods or BWL (elective) (examination regulations from 2011)
  • Accounting, Finance, and Taxation (new examination regulations, valid from winter term 2014/2015)

For VWL Diplom, the course can be credited in "Finanzmärkte und -management" or "Finanz- und Rechnungswesen".


For more information please click here.


Benutzerspezifische Werkzeuge