Futures and Options


taught by Dr. E. A. v. Hammerstein

  • Tuesdays, 16:00 - 18:00, HS 1221, KG I (new lecture hall from 25.11.2014 onwards!)


The lecture covers 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.



taught by Dr. E. A. v. Hammerstein

  • Wednesdays, 12:00 - 14:00, HS 1221, KG I
  • The tutorial begins in the 2nd week

The final tutorial on Wednesday, February 11, 2015, is reserved for students' questions about contents of the lecture and the exam. To efficiently use this opportunity, please review all course materials before and mark parts where you may need further explanations!

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 is scheduled for Wednesday, February 25, 2015, from 13-15 in HS 1010, KG I.

The registration period for the exam is from 10.01.2015 to 04.02.2015. Please also look at the websites of the examination office for further and possibly updated information!


The post exam review will take place on Friday, March 13, 2015, from 14:00 to 16:00 in room 01010, old university (in the first floor of the east wing).

Please do not forget to bring your identity card or your student ID with you!


The lecture is open for M.Sc. Economics, 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 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.

Personal tools