Derivatives Markets: Advanced Modeling and Strategies

  • 0.0
12 Weeks
$ 450

Brief Introduction

Financial derivatives are ubiquitous in global capital markets. Students will obtain a sophisticated understanding of valuation methods; tools for quantifying, hedging, and speculating on risk; and a basic familiarity with major markets and instruments.

Description

Financial derivatives are ubiquitous in global capital markets, and those products and the institutions around them continue to evolve at a rapid pace. This course is part of the MicroMasters® Program in Finance, and is designed for students seeking to develop a sophisticated and durable understanding of valuation and hedging methods, and a basic familiarity with major markets and instruments. Tools for quantifying, hedging, and speculating on risk are emphasized.

Topics include forwards, futures and options in the stock, fixed income and commodity markets, exotic options, real options, interest rate and currency swaps, mortgages, credit risk, securitization, the yield curve, duration and convexity.

The knowledge and skills acquired are essential for any well-trained financial practitioner. They will be most useful for those planning a career in sales and trading, portfolio management, commercial banking, investment banking, insurance, as a hedge fund manager, or as an analyst or manager in a public sector financial institution, central bank, or financial regulatory agency. Corporate financial managers, as consumers of complex financial products and hedging instruments, will also benefit from this knowledge. The course is excellent preparation for anyone planning to take the CFA exams.

Knowledge

  • Advanced derivatives pricing approaches adaptable to valuing new products
  • The many ways to shape risk exposure with derivatives
  • Important facts about the world’s largest financial markets
$ 450
English
28th Sep, 2021
12 Weeks
Deborah J. Lucas, Egor Matveyev
MITx
edX

Instructor

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