Structured Products
Persone
Docente titolare del corso
Descrizione
In an extensive interpretation, we may speak of structured products as soon as we combine two or more elementary financial products into a new structure displaying original characteristics. Structured products represented one of the most rapidly growing areas of finance in the last two decades, reaching a nearly unlimited variety of forms. The goal of this course is to provide an overview about the process of developing, marketing, and managing structured products. To this purpose, the course will analyze a certain number of popular structured products, like: autocallable notes and other barrier reverse convertibles, principal protected notes, participation certificates, convertible and callable bonds, mortgage-backed securities, and CDOs.
Obiettivi
Apply derivatives know-how in order to analyze and invest in structured products
Modalità di insegnamento
In presenza
Impostazione pedagogico-didattica
The course focuses on transmitting applied derivative know-how. Accordingly, in addition to theoretical lectures, it will include workshops to facilitate a practical understanding of its topics.
Class participation is strongly recommended and essential to the course value proposition.
Modalità d’esame
The grade is based for 70% on the final written exam and for 30% on a practical teamwork: active participation to this teamwork is mandatory
Bibliografia
- Fabozzi, Frank J.. Handbook of structured financial products. New Hope, PA: Fabozzi, 1998.
- Satyajit, Das. Structured Products (volumes 1 and 2). Wiley Finance, 2005.
Programma
- Master of Science in Economics in Finance, Lezione, 2° anno
- Master of Science in Economics in Finance, Lezione, Corsi a scelta o Field Project o Semestre all'estero (Digital Finance), A scelta, 2° anno
- Master of Science in Economics in Finance, Lezione, Corsi a scelta o Field Project o Semestre all'estero (Quantitative Finance), A scelta, 2° anno
Prerequisito
- Derivatives, Berardi A., SP 2022