MFIN 2202 Derivatives and Risk Management

This course is an introduction to derivative assets such as futures, forwards, swaps, and options, financial engineering, risk management, and mortgage and credit derivatives. We will cover the pricing of these derivative assets as well as securities that contain embedded options. We will consider risk management strategies such as static and dynamic hedging. Applications will be considered from equity, commodity, bond, and mortgage-backed markets.

Course overview

Department
Finance
School
CSOM
Credits
3
Level
Undergraduate
Offered
Every Fall, Every Spring

Catalog details

Prerequisites
MFIN1151

Catalog text is imported from the reviewed Boston College course snapshot. Confirm eligibility in EagleApps.

Requirements fulfilled

Requirement eligibility can vary by school, cohort, and section. Confirm the selected section in EagleApps or with an advisor.

Course evaluations

Response-weighted averages from Boston College’s official course evaluations (Avalanche/Blue).

Course rating
4.23 / 5 · Very Good
306 responses
Instructor rating
4.40 / 5 · Very Good
306 responses
Terms evaluated
8
Most recent: Spring 2026

Scales: overall ratings run from 1 (poor) to 5 (excellent); agreement questions from 1 (strongly disagree) to 5 (strongly agree); weekly effort from 1 (up to 1 hour) to 5 (10 or more hours).

Evaluations by term and instructor
TermInstructorCourse overallInstructor overallWell organizedClear learning objectivesIntellectually challengingHelpful assignmentsApplicable beyond courseAttendance necessaryWeekly effortResponses
Spring 2026Cheng Jiang4.34.54.84.84.54.64.64.01–3 hrs/week43 of 50
Fall 2025Gang Nathan Dong4.24.54.74.74.74.84.84.51–3 hrs/week33 of 40
Spring 2025Cheng Jiang4.74.84.95.04.84.74.84.21–3 hrs/week49 of 60
Fall 2024Gang Nathan Dong4.14.34.54.54.84.54.74.31–3 hrs/week40 of 45
Spring 2024Cheng Jiang4.34.54.74.74.54.74.64.11–3 hrs/week54 of 57
Fall 2023Gang Nathan Dong—————————32 of 42
Spring 2023Peter Van Amson3.53.93.94.14.73.94.03.64–6 hrs/week28 of 35
Fall 2022Gang Nathan Dong3.83.74.24.24.44.44.54.21–3 hrs/week27 of 35

Data freshness

Course and evaluation data last updated 2026-10-09. Source details and limitations are documented in Data Sources and Methodology.

Instructors

  • Cheng Jiang
    Spring 2027, Spring 2026, Spring 2025, Spring 2024 · Official rating 4.60/5
  • Gang Nathan Dong
    Fall 2026, Fall 2025, Fall 2024, Fall 2023, Fall 2022 · Official rating 4.29/5
  • Peter Van Amson
    Spring 2023 · Official rating 3.88/5

Sections

  • Section 01
    Spring 2027 · Cheng Jiang · Fulton Hall 150 MW 10:30AM-11:45AM · Offered
  • Section 02
    Spring 2027 · Cheng Jiang · Fulton Hall 145 MW 12:00 Noon-01:15PM · Offered
  • Section 01
    Fall 2026 · Gang Nathan Dong · Fulton Hall 130 Tu 04:30PM-06:50PM · Offered