Fixed Income Analysis [ MGEST2170 ]
5.0 crédits ECTS
30.0 h + 0.0 h
1q
Teacher(s) |
Platten Isabelle ;
Vrins Frédéric ;
|
Language |
French
|
Place of the course |
Mons
|
Prerequisites |
MGEST1219 FINANCE
MGEST2164 Derivative Securities MGEST1219 FINANCE
MGEST2164 Derivative Securities
MGEST1219 FINANCE
MGEST2164 Derivative SecuritiesMGEST1219 FINANCE
MGEST2164 Derivative Securities
|
Main themes |
This course is designed to provide a comprehensive
introduction (level1 CFA and part of level 2) to fixed income
securities by covering the following broad topical areas:
- the institutions, instruments, and operations involved in
the fixed income securities markets;
- the valuation and the risks of fixed income securities;
- the term structure of interest rate;
- the use and application of interest rate derivatives in the
areas of risk management and financial engineering.
|
Aims |
At the end of this course, students will be able to:
- Describe and interpret the general features of fixed
income securities and understand the basic operations of
fixed income markets;
- Apply the discount cash-flow technique to price bond
and be able to describe the relationship between bond
price and yield;
- Illustrate the basic term structure of interest rates and to
extract zero-coupon rates from bond yields;
- To measure interest rate risk using the concepts of
duration and convexity
- Understand the features and uses of bond with option
features ;
- Use basic interest rate derivatives like futures and
options to manage interest rate risk.
- Explain the characteristics mortgage-backed securities
and asset-backed securities;
|
Cycle et année d'étude |
> Master [60] in Management
> Master [120] in Management
> Master [120] in Business Engineering
> Master [120] in Management
> Master [120] in Business engineering
|
Faculty or entity in charge |
> BLSM
|
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