This course is a mandatory course for master's students in the business school. Financial derivatives are financial instruments that emerged in developed financial markets around the world in the early 1990s. Financial derivatives transform the risk characteristics of underlying assets, allowing financial risks to transfer between different institutions. This course mainly teaches derivative instruments such as forwards, futures, and options. Among them, the operational mechanism and pricing principles of futures and options markets, as well as case analysis of derivatives, are the key contents of this course. The purpose of this course is to lay a necessary theoretical foundation for students to engage in financial derivatives related work in the future, and to cultivate their practical operational ability to use derivatives for risk management.