FIN 454 - Financial Derivatives and Fixed Income

The course is organized around two major financial asset classes: derivatives and fixed income. In the first module, you learn about (1) options and the growing role of financial engineering, (2) futures, swaps, and their use in risk management, and (3) hedge funds known for their extensive derivatives use. In the second module, you study (1) bond pricing and various measures of bond returns, (2) the term structure of interest rates, and (3) fixed income portfolio management.

Prerequisites: A grade of C- or better in FIN 350. Junior Standing.

Course Typically Offered: Spring & Fall

Credits: 3