Course Details

Exam Registration438
Course StatusOngoing
Course TypeElective
LanguageEnglish
Duration12 weeks
CategoriesManagement Studies
Credit Points3
LevelPostgraduate
Start Date19 Jan 2026
End Date10 Apr 2026
Enrollment Ends02 Feb 2026
Exam Registration Ends20 Feb 2026
Exam Date18 Apr 2026 IST
NCrF Level4.5 — 8.0

Master the Complex World of Financial Derivatives & Risk Management

In today's interconnected global economy, characterized by free-market pricing, cross-border investments, and dynamic regulatory reforms, the ability to manage financial risk is not just an advantage—it's a necessity for survival and competitive returns. At the heart of modern scientific risk management lie financial derivatives, powerful instruments whose trading volumes and innovative structured products grow exponentially. To bridge the critical knowledge gap in this field, the Indian Institute of Technology Roorkee offers a seminal 12-week postgraduate course: Financial Derivatives & Risk Management, led by the distinguished Prof. J. P. Singh.

Why This Course is Essential for Finance Professionals

Traditional courses on derivatives often fall into two extremes: highly mathematical treatments requiring advanced stochastic calculus, or superficial overviews focusing only on trading mechanics. This leaves a vast middle ground—the practical, applied understanding of how derivatives are priced, strategized, and used for hedging—largely uncovered. This IIT Roorkee course is specifically designed to fill that void. It delivers a cogent and wholesome perspective, making the complex world of derivatives accessible and actionable for finance professionals, managers, and academicians.

Meet Your Instructor: Prof. Jatinder Pal Singh

The course is guided by the exceptional expertise of Prof. J. P. Singh, a Professor (HAG) in the Department of Management Studies at IIT Roorkee. His unique interdisciplinary background sets him apart:

  • Academic Credentials: Postgraduate in Physics and Mathematics, Graduate in Law & Operational Research.
  • Professional Qualifications: Fellow member of the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI). Associate Member of the Institute of Cost Accountants of India and the Institution of Engineers (India).
  • Experience: Brings over 10 years of corporate experience combined with decades of academic and research excellence at IIT Roorkee since 2001.
  • Research Interests: Econophysics, Mathematical Finance, Financial Risk Management, International Finance, and Corporate Governance.

This blend of deep theoretical knowledge, professional accreditation, and practical experience ensures the course content is both rigorous and relevant to real-world markets.

Detailed 12-Week Course Curriculum

The course is structured to take you from foundational concepts to advanced applications in a logical progression over 12 weeks.

WeekCore Topics Covered
Week 1-2Overview of Derivatives; Forwards & Futures Pricing, Arbitrage, Margining, and Basic Hedging.
Week 3-4Advanced Futures Hedging; Mean-Variance Portfolio Theory & CAPM; Index Futures; Basics of Interest Rates.
Week 5-6Interest Rate Risk Measurement; Interest Rate Futures (T-Bill, Eurodollar, T-Bond); Tailing the Hedge; Introduction to Options.
Week 7Option Price Bounds, Put-Call Parity, American Options, and Basic Trading Strategies.
Week 8-10Option Spreads; Introduction to Stochastic Processes, Brownian Motion, Ito's Lemma; Binomial Model and the Black-Scholes Option Pricing Model.
Week 11Option Greeks (Delta, Gamma, Theta, Vega) and their role in trading & risk management; FRAs & Swaps.
Week 12Valuation of Swaps; Introduction to Value at Risk (VaR) as a key risk measurement tool.

Who Should Enroll?

Intended Audience: This course is ideal for:

  • Postgraduate students in Management, Finance, Commerce, and Economics.
  • Professionals in banking, stock & commodity exchanges, brokerage firms, and portfolio management.
  • Investment bankers, corporate finance executives, and market regulators.
  • Academicians and researchers seeking a gateway to advanced work in financial engineering and risk management.

Prerequisites & Industry Recognition

Prerequisites: A basic understanding of finance fundamentals, along with senior school-level mathematics (algebra, calculus, and probability) is required to fully benefit from the course.

Industry Support: The course is designed to attract immense recognition across the financial services industry. It adds significant value and versatility to professionals in corporate finance, trading, risk analysis, and financial consulting.

Key Learning Outcomes

Upon completion, participants will be able to:

  • Understand the structure, pricing, and trading mechanisms of forwards, futures, options, and swaps.
  • Design and implement effective hedging strategies for various types of financial risk.
  • Comprehend the mathematical foundations of derivative pricing, including the Binomial and Black-Scholes models.
  • Apply Option Greeks for advanced trading and risk management decisions.
  • Calculate and interpret Value at Risk (VaR) for a portfolio.
  • Appreciate the role of derivatives in the broader context of financial regulation and global markets.

Embark on this 12-week journey with an IIT professor to demystify financial derivatives and equip yourself with the sophisticated risk management tools demanded by today's volatile financial landscape. This course is your definitive step towards mastering the instruments that shape modern finance.

Enroll Now →

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