Argomenti dell'insegnamento
• Quantitative methods: Review of financial mathematics and modelling. • Credit risk transfer: Determination of credit risk and usage of instruments like credit default swaps, total return swaps, asset backed securities, etc. • Structured products: Development and pricing of products - based on equities and fixed income securities - that exhibit specific return, risk or other attributes. • Alternative investments: Fundamentals of the alternative investment space, especially real assets, private equity & hedge funds. Adding value through active management (absolute & relative returns, risk reduction through diversification). • Investment strategies: Theoretical foundation and empirical testing of trend following, and momentum strategies, fixed-income strategies and relative value & event driven strategies

Modalità di insegnamento
Lectures and empirical applications

Modalità d'esame
Students may opt between two different types of assessment: 1) Standard assessment for the course is an obligatory final written examination (100% of the final grade). 2) Moreover, there is the possibility of an optional assessment, where students write a project paper and have their performance assessed by both the project paper (50% of the final grade) and the obligatory final examination (50% of the final grade). The optional assessment is only available for attending students having notified the lecturer of their choice at the latest on the date of the 9thlecture. The optional course project can be done in groups of 2 students.

Criteri di valutazione
Theoretical knowledge of models and concepts covered in the class as well as knowledge of their empirical applications.