Innovative Approach For Submission Of Training Materials: Case Study System With Open Content

DOI: 10.5176/2251-2195_CSEIT17.30

Authors: Mochalina Ekaterina Pavlovna, Tatarnikov Oleg Veniaminovich, Ivankova Galina Vladimirovna

Abstract: This paper presents an innovative approach to teaching the discipline ‘Financial calculations‘, which based on a dynamic block of case studies generated by information received online from the stock market. The method is described by the case studies ‘Evaluation of financial assets, the expected return and volatility‘, 'Delta-hedging' and 'Investments in derivative financial instruments.' Details show how well-known classic models work in practice and how exactly the adjustment of the results was made. Adequacy of conclusions obtained with this approach is easily testable (a system with an open content), that is, from the authors, an additional advantage of the proposed model of learning.

Keywords: case, option, binomial tree, BlackScholes-Merton formulas, finite difference methods.