The recent global financial crises of 2008-2009 underlines the importance of understanding the risks involved in operations of financial institutions. This course analyzes how the changes in interest rates, exchange rates, liquidity positions and other financial factors are affecting the assets and liabilities of banks, and proposes a number of hedging techniques that banks can adopt to avoid sudden value lose or fluctuations in their earnings.
The aim of the course is to analyze the primary issues in modern corporate financial theory and practice. The focus will be on the corporate practice (corporate financial policies) that will create value and maximize the wealth of shareholders. We will be concerned with what financial managers do and why, and how the theory of finance explains. The course is designed in line with the subject topics covered in the Chartered Financial Analysts (CFA) Exam (Level I).
This course is devoted to the techniques of cost-benefit analysis of investment projects. The course covers both the analytical techniques and as well as their practical applications in decision-making. The course topics will cover financial modeling, alternative investment criteria, and maintaining consistency between real and nominal prices, inflation rates, exchange rates and interest rates. It will also cover how to determine the optimal scale and timing of investments and how to construct income statements and balance sheets from cash flow projections.
This course will teach students how to analyze and manage the risks of major investment projects through project financing techniques. The risk management techniques will include the study of modern international project financing and security arrangements. The design and application of real options will be applied in the evaluation of investment projects. The course will also cover both the theory as well as applications of the theories to various projects. The students will be required to complete a number of computer based assignments.
The last decade has been one of rapid, profound, and ongoing change in the investment industry. The main objective of the course is to give students an intermediate understanding of capital markets and financial instruments. We will focus on three modules which are equity markets, fixed income markets, and derivative markets (options and futures). The course is designed in line with the subject topics covered in the Chartered Financial Analysts (CFA) Exam (Level I).
This course will cover the components of an integrated investment appraisal analysis. It will initially introduce basic economics aspects that are used in capital budgeting for a comprehensive analysis. The course will also examine how the economic analysis fits into the financial, stakeholder and risk components that are part of an integrated investment appraisal analysis. Applications to number of infrastructure projects such as road, electricity and water will also be studied as well as education. This course will cover both theoretical as well as applied aspects of advanced capital budgeting.
Technical analysis is ubiquitous in financial markets. From foreign exchange to equity indexes to real estate futures markets, traders rely on technically derived signals to enter speculative positions, set protective orders, and time their exits. Users include weekend warriors at their home computers, professional market makers, and long-term investors at prestigious firms like Fidelity. Indeed, among short-term traders this mode of analysis is arguably more influential than fundamentals-based approaches, and its influence is presumably growing apace with the flood of algorithmic trading.