HADM 4270 - [Fixed Income Analysis]

Fall. Not offered: 2024-2025. Next offered: 2025-2026. 3 credits. Letter grades only (no audit).

Prerequisite: HADM 2220, or equivalent (such as HADM 2250 for non-NSHA students). Graduate students must enroll in HADM 6270. Elective. Co-meets with HADM 6270.

P. Moulton.

This course provides an in-depth analysis of the concepts that are most often encountered in the market for fixed income securities. The goals of the course are threefold: (1) to develop the set of tools required to evaluate virtually any fixed income instrument; (2) to illustrate the mechanics and intuition of hedging and other trading and portfolio strategies; and (3) to explore the key features of both traditional and derivative fixed income instruments. The course focuses on topics that are most likely to have practical relevance for students, while helping students develop a theoretical and mathematical approach to valuation and risk management that will be useful in a wide range of financial applications.