Quantitative Finance
The course gives the student a broad introduction to quantitative investments in finance, for example shares, interest and derivatives. Basic concepts and methods are discussed, and the focus is on applications, and especially on applications with software. Key topics are the statistical distributions of securities, the coupon structure of bonds, call and put options. There will also be an introduction to why bonds and derivatives are often included in portfolios for institutional investors, as well as simple regression analysis.
For students who can document that the exam for CFA Level 1 s passed, the course is voided.
Knowledge
The candidate must
- Have a broad knowledge of the statistical distribution of key securities, and what implications a distribution has on the return and risk of a portfolio.
- Have broad knowledge of key issues within interest and credit instruments, and the role of interest instruments in well-diversified portfolios.
- Be able to use and apply various theories and practical applications in relevant issues
- Understand basic sources of income in the fixed income market, principles of credit analysis and risk analysis of interest-bearing instruments
- Understand how companies can use the interest and credit markets to finance projects, as well as manage risk.
- Understand the characteristics of active management and the importance of combining several asset classes in a portfolio
Skills
The candidate must be able to
- Apply and analyze the value and risk of shares, bonds and derivatives, as well as discuss sources of value changes and other professional knowledge on practical issues
- Analyze the use of professional knowledge and relevant results from research on practical issues.
- Reflect on own analyzes and present results with figures and tables.
- Use appropriate tools to solve complex problems in quantitative investments
General competence
The candidate must
- Be able to plan and implement projects that extend over time
- Communicate key themes and solutions both written and oral
- Provides the necessary tools to solve complex problems in connection with shares, bonds, debt instruments and derivatives
- Know new results and research within important topics from the curriculum
Simple calculator and bilingual dictionaries. Generating an answer using ChatGPT or similar artificial intelligence and submitting it wholly or partially as one's own answer is considered cheating.
