Postgraduate Course: Financial Model Building (MATH11051)

Course Outline
School	School of Mathematics	College	College of Science and Engineering
Credit level (Normal year taken)	SCQF Level 11 (Postgraduate)	Availability	Not available to visiting students
SCQF Credits	5	ECTS Credits	2.5
Summary	Building and implementing accurate financial models requires a comprehensive understanding of the assets being modelled and the generally accepted mathematical frameworks used for valuation. This course gives a practical overview of Fixed Income markets, current pricing conventions, the most common pricing algorithms and an introduction to some interest rate and credit derivative products.
Course description	Not entered

Entry Requirements (not applicable to Visiting Students)
Pre-requisites		Co-requisites
Prohibited Combinations		Other requirements	None

Course Delivery Information

Academic year 2015/16, Available to all students (SV1)		Quota: None
Course Start	Semester 2
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 50 ( Lecture Hours 10, Seminar/Tutorial Hours 12, Programme Level Learning and Teaching Hours 1, Directed Learning and Independent Learning Hours 27 )
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	See 'Breakdown of Assessment Methods' and 'Additional Notes' above.
Feedback	Not entered
No Exam Information

Learning Outcomes
1. Knowledge of fixed income assets, derivatives and market conventions. 2. Ability to apply interest rate calculations to fixed income products. 3. Understanding of modelling requirements for pricing and analysing fixed income assets. 4. Understanding of yield curve concepts and modelling frameworks. 5. Understanding of recovery modelling frameworks. 6. Understanding of credit modelling frameworks. 7. Understanding of liquidity modelling frameworks. 8. Ability to implement financial models.