FE 580 Securitization of Financial Assets

This course provides a theoretical and practical analysis of the asset-backed security market. Topics include: Duration And Convexity of Bond Yields, Price Dynamics of Mortgages and Cash Flows, Default Risk, Interest Rate Volatility, Interest Rate Risk Management of Mortgage-Backed Securities, Securitization, Corporate Debt and The Securitization Markets, Asset-Backed Commercial Paper, Collateralized Loan Obligations, Structuring Synthetic Collateralized Loan Obligations, Securitization of Revolving Credit, Financial Derivatives and Their Use as Hedging Tools. Half of the course is in the Hanlon Financial Systems Lab, where theoretical models are illustrated with real scenarios.

Credits

3

Prerequisite

Graduate Student or At Least Junior