Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

The objective of the course is to give students the key tools for analyzing, valuing and risk managing fixed income securities and derivatives, understanding the practical applications of such concepts, and being able to study current issues in the fixed income markets. The course will be useful to students interested in careers in banking, financial services, investment management, corporate financial management, or in the academia.

Credits: 6

Schedule: 02.03.2021 - 12.04.2021

Teacher in charge (valid 01.08.2020-31.07.2022): Antti Suhonen

Teacher in charge (applies in this implementation): Antti Suhonen

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    Topics discussed include the global fixed income market structure, valuation of key instruments traded in both government bond and credit markets including derivatives such as options, futures, swaps and structured products, interest rate risk management and modelling as well as the impact of macroeconomic events on fixed income markets. The course will cover theoretical models and concepts as well as practical applications and analysis.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    Final exam (50%)
    Assignments and cases (50%)

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Tuckman, Serrat (2012) Fixed Income Securities: Tools for Today s Markets, 3rd edition.

    Availability

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Rahoituksen perusteet or Principles of Corporate Financial Management and Derivatives and Fixed Income.

SDG: Sustainable Development Goals

    1 No Poverty

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

FURTHER INFORMATION

Description

Registration and further information