CARDIFF UNIVERSITY 
BS3515: Financial Derivatives 
Final Examination Guide and Notes 2025 
 
Part 01: About This Guide 
Part 02: Sample Final Examination Paper 
Part 03: Suggested Solutions to Final Exam Paper 
Part 04: Final Examination - Hints and Tips 
 
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Cardiff University - BS3515: Financial Derivatives

£25.00

ACADEMIC YEAR 2025 - 2026

University	Cardiff University
Module Code	BS3515
Number of Credits	10
Module Name	Financial Derivatives
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	30

Get exam-ready for BS3515: Financial Derivatives (Cardiff University) with a focused guide aligned to the updated final’s content and format. Inside you’ll find concise topic notes, step-by-step worked examples, and exam-style questions that build core techniques in pricing, hedging, and risk management. Clean diagrams highlight formulas and workflows for quick recall under time pressure. Practical tips on timing and common pitfalls help you practise the right way. Thoroughly updated, this self-study set keeps everything in one place to streamline revision.

Introduction: the nature of financial derivatives; types of financial derivative; applications of derivatives; basic concepts - market efficiency, arbitrage and fair price. Forwards & Futures: distinction between forwards and futures; futures markets; types of future; pricing futures and forwards; applications of futures and forwards - speculation and hedging. Options: options markets; types of option; option payoffs and strategies; option valuation; option sensitivities and hedging; applications of options - speculation and hedging. Swaps: swaps markets; types of swap; motives for swaps; pricing swaps; applications of swaps. Other financial derivatives.

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Cardiff University - BS3515: Financial Derivatives

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