• FNCE3006
  • Fin Ser & Fin Institutions

  • Credits (ECTS): 10
  • Accounting and Finance

Modules are delivered
as part of a programme.
To apply for the
see the DIT website

Module Description

This course is designed to set out institutional structures that underpin monetary policy, banking, finance, bond trading, mortgage origination, securitization, credit risk management and interest rate risk management. The course is mainly qualitative in treatment of institutions. Computational elements do however apply to fixed income analysis, interest rate risk management, swaps etc.

Indicative Syllabus

Adverse Selection, Moral Hazard and Assymmetric Information
Introduction to Spreadsheet modelling
Fixed Income Analysis, Public Finance and Sovereign Debt
Duration and Interest Rate Risk management
Yield Curve construction and forward rates
Credit Risk and Credit Ratings
CDOs and CDSs
Securitization and Pfandbriefe markets
Exchanges, Brokers, Dealers and Clearinghouses
Monetary Policy and Central Banking
Inflation Targeting and the Taylor Rule
The Basle Treaties
FRAs, Swaps and Swaptions
The Black (1976) Model and Vasicek
Portfolio Theory - Volatility - Value at Risk
Banks and Investment Banks
Insurance and Solvency II
Hedge and Mutual Funds
GARCH, Correlations and Copulas.

Total Contact Teaching Hours:72

Please note that the catalogue is provided as a guide to modules in DIT. Not all modules listed will necessarily be offered every year and new modules may also be added. Information subject to change. For detail on specific programmes/modules please contact the relevant School directly.