FORMATIONS |
Fiche détaillée d'un cours
 | DERIVATIVE SECURITIES ANALYSIS | ||
2017-2018 | IESEG School of Management
(
IÉSEG
)
| ||
Code Cours : | 1718-IÉSEG-MBK1S2-FIN-MBKCI09UE | FINANCE | |
| Niveau | Année de formation | Période | Langue d'enseignement |
|---|---|---|---|
| MSc in Investment Banking and Capital Markets | 1 | S2 | English |
| Professeur(s) responsable(s) | I.FAINSTEIN |
|---|---|
| Intervenant(s) | Isaac Fainstein |
- Ce cours apparaît dans les formations suivantes :
- IÉSEG > MSc in Investment Banking and Capital Markets > Semester 2 > 2,00 ECTS
Pré requis
Candidates should have a background on finance and capital markets, calculus, probability and statistics, and compounding math.
Objectifs du cours
At the end of the course, the student should be able to :
The student should be able to understand derivatives as contracts with cash flows that are derived from the futures performance of another security, analyze derivatives as an instrument to efficiently transferring risk from one party to another, be able to imagine possible situations where derivatives may be necessary, know how to valuate derivatives in Excel and using the Bloomberg calculators, understand risks associated to each derivative, know how to navigate the Bloomberg terminal to look for information needed to analyze and trade derivatives, gain sensitivity on P&L fluctuations, understand the mark to market implications, and be able to implement live examples according to real life situations. The underlying philosophy of the course is providing the foundations for understanding derivatives as a general concept.
Contenu du cours
The course will be focused on 4 main units: Forwards and derivatives as a general concept of financial engineering, futures, options and an introduction to other derivatives, such as FRAs, variance derivatives and swaps. The course will be focused on the utilization of the Bloomberg terminal as an information provider and as a tool to analyze and trade these instruments.
Modalités d'enseignement
Organisation du cours
| Type | Nombre d'heures | Remarques | |
|---|---|---|---|
| Face to face | |||
| lecture | 9,00 | Basic derivative securities coverage | |
| Interactive class | 2,00 | Live examples | |
| PBL class | 5,00 | Practical applications based on the Bloomberg terminal | |
| Independent work | |||
| Reference manual 's readings | 15,00 | Class slides and recommended books as supplementary material | |
| E-Learning | 8,00 | The Khan Academy videos as supplementary material | |
| Research | 5,00 | Bloomberg manuals to research on derivatives functions | |
| Independent study | |||
| Estimated personal workload | 6,00 | Practice in the Bloomberg lab | |
| Charge de travail globale de l'étudiant | 50,00 | ||
Méthodes pédagogiques
- Presentation
- E-learning
- Interactive class
- Case study
- Coaching
Évaluation
Class will be intensive in a 1-week-16 hrs course with an ineractive focus (participative). The final assesment will be based in class participation of the candidadtes (15%), and a final exam which will include MCQ and other questions which will assess theory and practice, based on what was learned and analyzed in class
| Type de Contrôle | Durée | Nombre | Pondération |
|---|---|---|---|
| Continuous assessment | |||
| Participation | 7,00 | 0 | 15,00 |
| Final Exam | |||
| MQC | 1,00 | 0 | 35,00 |
| Written exam | 1,00 | 0 | 50,00 |
| TOTAL | 100,00 | ||
Bibliographie
- Class slides (must-read material for the exam) -
- Bodie, Kane and Marcus. Investments. Fifth edition. Mc Graw Hill. Chapters 20, 21, 22 and 23 -
- John Hull. Options, Futures, and Other Derivatives. Pearson/Prentice Hall (optional) -
* Informations non contractuelles et pouvant être soumises à modification
