Financial Derivatives and Risk Management
COURSE OUTLINE: Traditional courses on derivatives can be classified almost exclusively into those: (i) that provide a comprehensive coverage of the underlying mathematical models using stochastic calculus and develop the subject as an extension of probabilistic mathematics e.g. mathematical finance and (ii) that cover the theme purely at a superficial level focusing on the operating aspects like exchange trading methodologies, marking and margining aspects etc. They consciously avoid entering the mathematical/stochastic structure that forms the very basis of this course and it covers the pricing and applications of these instruments. INDUSTRIES APPLICABLE TO: This course will attract immense recognition in the entire financial services industry including banks,stock & commodity exchanges, stock & commodity brokers, portfolio managers, investment bankers, market regulators, etc. Those employed in corporate finance shall also find it valuable as it would add to their versatility. Academicians will find it a gateway to further work in related areas. Read more