PGCM Module 2-

FM07 OPTIONS, FUTURES AND OTHER DERIVATIVES
Futures: Introduction to Derivatives; Futures Markets; Forward and Futures Prices; Interest Rate Futures
Swaps and Options: Swaps; Options Markets; Properties of Stock Option Prices; Option Trading Strategies
Derivative Pricing Methodologies: Introduction to Binomial Trees; The Black-Scholes Analysis; Options on Stock Indexes, Currencies and Futures Contracts; General Approach to Pricing Derivatives; Market Risk Management

FM10 STRATEGIC COST MANAGEMENT
Conceptual Orientation to Strategic Cost Management: An Introduction to Strategic Cost Management; Three Key Themes in Strategic Cost Management; Demonstrating Strategic vs. Conventional Analysis: a Peek at the SCM theme
Value Chain Analysis: The value chain concept: The first key to Effective Cost Management; Cost analysis Considerations and Managerial Applications of Value chains: An Extended Field Study.
Strategic Positioning: Differentiated controls for Differentiated Strategies: Explicit Attention to Strategic Positioning: The Second key to Strategic Cost Management; Profit Variance analysis: a Strategic Perspective on a Common Cost Management Tool; Target Costing, Theory Of Constraints, Life Cycle Costing; Use target costing to facilitate strategic management, Application of the theory of constraints to strategic management, Life cycle costing to facilitate strategic management. Focus on the time dimension of cost management; Nonfinancial Performance Measures: Another key to Strategically Adapted Cost Management
Cost-Drivers Analysis: Activity Based Costing Quality, Technology – as Cost Drivers: What drives cost? Third key to Strategic Cost Management; Product Line Complexity as a Cost Driver – Activity Based Costing: Theory, Practice and Limitations; Measuring And Analyzing Cost for One Important Executional Cost Drivers – Quality: The SCM Perspective; Strategic Analysis For One Important Structural Cost Driver – Technology Choices