Students learn to design and analyze fixed income securities and alternative investments. The importance of interestrates, credit risk and product features in the valuation of these assets is emphasized. Topics include an introduction tofixed income investments; fixed income markets; yield curves; bond pricing, valuation and volatility; credit analysisfor firms and individuals; asset backed securities; real estate, hedge funds and private equity. Prerequisites: There are no prerequisites for the course, however FNCE 2120 OR FNCE 2121 or equivalent witha minimum C+ AND ECON 2330 or ECON 2331 or equivalent with a minimu C- AND BBUS 4150 OR BBUS 4151 AND FNCE 3170 are recommended
Students learn to design and analyze fixed income securities and alternative investments. The importance of interestrates, credit risk and product features in the valuation of these assets is emphasized. Topics include an introduction tofixed income investments; fixed income markets; yield curves; bond pricing, valuation and volatility; credit analysisfor firms and individuals; asset backed securities; real estate, hedge funds and private equity. Prerequisites: There are no prerequisites for the course, however FNCE 2120 OR FNCE 2121 or equivalent witha minimum C+ AND ECON 2330 or ECON 2331 or equivalent with a minimu C- AND BBUS 4150 OR BBUS 4151 AND FNCE 3170 are recommended
