Financial risk management

Lecturer:

Arlyn R. Rubash, BS, MBA, PhD

Target:

The course objective is to develop a solid foundation in the principles of certain financial derivatives that have widespread applicability and usefulness. Students examine important characteristics of financial instruments whose value derives from underlying assets, and gain necessary skills and experience for understanding, interpreting and using major derivative instruments. The organization of topics to be covered is as follows:

1. Introduction and overview of derivative markets

2. Fundamentals of using derivatives

3. Pricing options

4. Foreign exchange and Parity relationships

5. Understanding swaps

6. Yield curve and term structure dynamics

7. Mortgage related transactions

8. Securitization

9. Credit default swaps

10.Dealing with risk

Project topic selection

Evaluation

$\copyright$ Arlyn R. Rubash 2011