The first part of the course deals with non-standard options such as Asian options, asset or nothing options, binary options, barrier options, quantoes, cliquets, shout options, compound options, rainbow options. The 2nd part of the course deals with how to combine various derivatives with stocks and bonds to create structured products in order to meet the changing needs of customers.

CILO-1: Create one new exotic option or structured product. CILO-2: Apply appropriate exotic derivatives and / or structured products in real situations. CILO-3: Prepare for Master level courses in financial engineering and derivatives area.