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I can only remark on FINC 2012 which I did in the second semester last year. It was basically a terrible subject. It was really badly taught, text didnt line up with lecture notes. Very ambigious, and I still have no idea how to calculate real option value. Also, the subject wasn't scaled-I...

I did this subject last semester and found that if you really spend the time with the textbook given its no problem. But you need to spend a lot of time thinking about the intuitive reasoning behind whats going on. Unfortunately it wasnt taught this way by the lecturer. As usual you have to...