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Course Description
Fixed Income Securities (FINC-464-0)
1.00 Credit
Description:
This course counts toward the following majors: Analytical Finance, Finance. This advanced course is designed for students seeking a sophisticated understanding of fixed income valuation and hedging methods, and a basic familiarity with the major markets and instruments. Tools include duration, convexity, yield curve models, option pricing models and value at risk, which are used to understand pricing and hedging of forwards, futures and swaps, asset-backed securities and other fixed income derivatives. This information is most useful for students planning a career in sales and trading, portfolio management, banking or financial consulting. The course also surveys some of the institutional features of these markets.
Prerequisites: FINC-441. FINC-465 is strongly recommended.
Prerequisites:
All Students: FINC-440-0 OR FINC-441-0
Corequisites:
None
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