Financial Products

Catalog description

This course teaches students about financial products that are needed to achieve success in the area of financial technology. Students learn about spot (cash) and derivative products related to the asset classes of equities, fixed income, commodities, and foreign exchange. Students review the time value of money, and explore bond characteristics, bond valuation, and bond yield. Students learn about yield curves, both why they are important and how they are formed. Students will explore advanced bond valuation and bond sensitivity using detailed Bloomberg examples. Students will then turn to exploring forwards, calls, puts, and swaps. Students will learn concepts and conventions related to forwards, calls, and puts, and learn the opportunities and exposures associated with them. Students will learn how to price and value forwards, calls, and puts, and will learn about the measures of sensitivity known as the “Greeks”. Students will explore trading strategies. Students will also delve deeply into interest rate swaps and credit default swaps.