Learning objectives: the aim of the course is to provide students with a base of knowledge of the formalization and pricing of financial contracts and risk management; to introduce students to the valuation models of price and risk of contracts and portfolios; to provide criteria for choosing between different value-risk positions.
Knowledge and understanding: the student should know and understand the main issues related to the evaluation of financial contracts, in particular bonds and loans, the definition of contracts value in capital market, the construction of the term structure of interest rates, the applications of financial instruments in business valuation.
Applying knowledge and understanding: the student should be able to apply the results of financial mathematics to the evaluation of contracts, to design the mathematical algorithms implementing financial models, to apply the acquired knowledge to evaluation schemes of banks, insurances and industries.
Making judgments: the student should be able to use autonomously the acquired knowledge to solve economic and financial problems.
Communication: the student is expected to give clear and in-depth answers to the questions of the written exam and to the ones of the oral exam. The student should be able to communicate using financial and mathematical language and instruments.
Lifelong learning skills: the student should be able to show a good learning ability, by widening, for example, his/her knowledge with use of relevant bibliographic references. The student will have the opportunity to apply the knowledge gained in previous courses integrating them with the additional professional skills that characterize the course.
ITALIAN VERSION
