This unit enables students to identify and manage financial risk using derivative instruments in a variety of contexts. It also intends to enhance studentsâ€™ quantitative skills through developing and applying pricing and risk management models. Students will develop an advanced understanding of the implications, intuition and critical thinking underlying the application of risk strategies. Students will acquire perspectives in assessing ethical issues when using derivative instruments to enhance returns and manage risk. They will also gain hands on experience on the application of trading strategies using financial technology, to strengthen their understanding of the management of risk and returns in portfolios.