The course provides modern knowledge about derivative products that are popular in both international and Vietnamese markets. This course equips learners with the foundation for building hedging strategies and managing financial risk for investors and institutions. Derivatives such as forward contracts, futures contracts, swaps and options allow risk managers to minimize or even eliminate unwanted risks that the company is facing. Therefore, these tools help the company focus on its comparative advantage. This course presents the contents related to: basic concepts of derivative products, structure and operation of derivatives market, principles and methods of pricing and hedging risks by using modern derivative instruments in stock market, foreign exchange market, currency market and commodities such as options, forwards, futures and swaps.