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This book features an introductory approach to teaching and learning complex valuation techniques and emphasizes practical applications to ensure student engagement. Successfully classroom tested, readers benefit from the hands-on application of theoretical concepts as well as the step-by-step introduction to financial derivatives in an accessible and an appealing way. The author offers explanations of complex concepts in the simplest possible way in conjunction with practical applications including theoretical concepts with highlighted equations, homework problems, solved case studies, and Excel-based modules for valuation. While financial derivatives are often regarded as complex financial instruments, this book aims to educate future investors about these asset classes without delving too deeply into mathematical and/or physics methodology and theories. In addition to the essential topics of the derivatives market, this book includes sections on options, swaps, and financial engineering concepts applied primarily, but not exclusively, to the futures market. Chapter coverage includes: An Introduction to Derivative Instruments Futures Fundamentals Forward Rate Agreement Currency Forward Swaps Basics Equity and Currency Swaps Basic Swaps and Credit Default Swaps Options Basics and Trading Greeks Volatility and Exotics.