資本市場的詭譎多變已成為這個時代的常態。投資卻是企業與個人追求價值與財富成長必須面對的重要議題。然而投資總在瘋狂與理性間徘徊，過往不乏有企業因不當操作衍生性金融商品，侵蝕本業獲利的諸多案例，投資與投機往往就是一線之隔。有人認為投資是成功的投機，而投機就是失利的投資。而在金融市場震盪劇烈，如何規避風險，甚至進而利用市場的不效率，進行套利賺取無風險利潤的案例也時有所聞。因此本課程將結合理論與實務，針對遠期合約、期貨、選擇權、交換合約等衍生性金融商品，探討不同的投資，投機，避險與套利之策略與應用。並且結合經典財金案例與時事之介紹與討論，期能讓課程參與者提升投資與風險規劃的能力。
The volatility of the capital market has become the norm in this era. Investment is an important issue that companies and individuals must face in pursuit of value and wealth growth. However, investment always wanders between madness and rationality. In the past, there have been many cases of companies eroding their profits due to improper manipulation of derivative financial products. There is often a thin line between investment and speculation. Some people think that investment is successful speculation, and speculation is failed investment. In the violent financial market, there are often cases of how to avoid risks and even take advantage of market inefficiencies to earn risk-free profits through arbitrage. Therefore, this course will combine theory and practice to explore different investment, speculation, hedging and arbitrage strategies and applications for derivative financial products such as forward contracts, futures, options, and exchange contracts. It also combines the introduction and discussion of classic financial cases and current affairs, hoping to enable course participants to improve their investment and risk planning abilities.
以授課教師指定之參考資料以及上課講義為主。
Mainly based on reference materials and class handouts designated by the instructor.
| 評分項目 Grading Method | 配分比例 Grading percentage | 說明 Description |
|---|---|---|
| 上課出席與參與上課出席與參與 Class attendance and participation |
70 | |
| 小組報告小組報告 group report |
30 |
