Master forwards, futures, options, swaps, and derivative pricing in English — from beginner basics to FRM Part I exams
Note on course delivery:
To ensure clarity and consistency, some of the voiceovers in this course are generated using AI voice technology. All content, examples, and explanations have been carefully prepared by the instructor to match the FRM curriculum.
What you’ll learn
- Understand in English the fundamental concepts of derivatives and their role in financial markets.
- Differentiate in English between forwards, futures, options, and swaps, and explain how each works.
- Apply in English basic valuation techniques to price derivatives under FRM Part I standards.
- Interpret in English payoff diagrams for calls, puts, forwards, and futures contracts.
- Recognize in English the use of derivatives in hedging, speculation, and risk management.
- Build a strong foundation in English for the “Derivatives & Valuation” section of the FRM Part I exam.
Course Content
- Introduction to Derivatives –> 3 lectures • 11min.
- Forwards and Futures –> 3 lectures • 9min.
- Options Fundamentals –> 3 lectures • 9min.
- Swaps and Valuation –> 3 lectures • 10min.
- Derivative Pricing & Exam Applications –> 3 lectures • 9min.
- Wrap-Up & Next Steps –> 2 lectures • 5min.
Requirements
Note on course delivery:
To ensure clarity and consistency, some of the voiceovers in this course are generated using AI voice technology. All content, examples, and explanations have been carefully prepared by the instructor to match the FRM curriculum.
Are you preparing for the FRM Part I exam and looking for a clear, concise way to master derivatives and valuation?
This course, FRM Nano 5: Derivatives & Valuation (in English), is designed to give you a strong understanding of the essential derivative instruments and their pricing — explained in simple, exam-focused English.
Derivatives play a critical role in financial markets and risk management. In the FRM exam, this section is heavily tested, and mastering it will significantly improve your chances of success.
What you will learn in this course:
- Introduction to Derivatives – what derivatives are and why they matter
- Forwards & Futures – mechanics, payoff structures, and hedging strategies
- Options Fundamentals – calls, puts, moneyness, payoff diagrams, and strategies
- Swaps & Valuation – interest rate swaps, currency swaps, and cash flow valuation
- Derivative Pricing – cost-of-carry, no-arbitrage principles, and exam applications
- Exam Practice – solve FRM-style questions with confidence
Why take this course?
-Content tailored for the FRM Part I curriculum
-Clear explanations in English, perfect for global learners
-Bite-sized “Nano” format for quick, focused learning
-Practice quizzes with 50+ exam-style questions to test your knowledge
-Real-world insights into how derivatives are used in hedging, speculation, and risk management
This course is part of the FRM Nano Series, where each Nano focuses on one exam domain, making it easier to learn, revise, and master key concepts step by step.
Who this course is for:
- FRM Part I candidates preparing for the exam in English
- Students of finance, economics, and business who want to understand derivatives
- Professionals in banking, trading, and risk management seeking a refresher
- Anyone who wants to learn the language of derivatives in a clear, structured way
By the end of this Nano, you’ll be confident in your ability to explain, value, and apply derivatives concepts — both in the exam and in professional practice.