Sale Date Ended
A common misconception is that understanding derivatives requires knowing a lot of advanced math which is the privilege of only the geeks. That said, sometimes you probably wonder how do these large bunch of I-Bankers manage to provide derivative solutions to their clients because they don’t seem to have been rocket scientists in their previous avatar. There would have also been questions like how do you actually engineer those financial products? May be, you read something called Black Scholes, Ito’s Lemma, and so on but they didn’t quite answer those questions convincingly, much less, make sense in the context of the real world of finance.
In the last two decades, derivatives have become all-pervading in financial markets with outstanding notionals in excess of US$ 600 trillion. If your profession has anything to do with finance, then there is a pretty high chance that you will have something to do with derivatives at some point or the other. This course tries to demystify and simplify derivatives using a tool like Excel. For a practioner, it may be difficult to relate the Black-Scholes equation but it would probably start to make sense once you start thinking like an accountant about all these greeks and put the differential equations in excel. In the workshop, we will start to think of each of these greeks in terms of money, which is what traders do. The program covers a comprehensive list of topics that derivative practioners need to understand for their day-to-day work.
1)Understand financial engineering specifically, how derivative structures are engineered
2) Pricing and risk management of Equity, FX, Interest Rate and Credit Derivatives
3)Demystify and simplify the quantitative techniques in analysing derivatives using Excel
4) Be aware of derivatives as risk management tools
5)Learn how to manage a derivative portfolio
6)Appreciate how derivatives are structured to suit client requirements
7) Learn simulation techniques for pricing derivatives
8) Learn how to solve any stochastic partial deferential equation (including Black Scholes equation) using spreadsheets
9) Understand Greeks (Delta, Gamma, Vega & Theta) and the monetary implications of each of them
Our faculty is an experienced Investment Banker and a guest faculty in finance in IIMs, who specializes in Fixed Income, Foreign Exchange and Credit Derivative products. We has conducted training programs for banks and corporates in India, Singapore, Hong Kong, Middle East, and South Africa on topics such as Credit Derivatives, Fx Derivatives, FI Derivatives, ALM, M&A, Financial Modeling for LBOs, Debt Capital Markets, Basel II and Risk Management.
Who Should Attend:
1)Corporate Finance Professionals
2) Quantitative analysts
3) Investment Bankers
4) Risk professionals
5) Treasury managers
Dates & Venues:
DateOct 6th - Oct 7th