PROGRAMME CONTENTS
Day 1
Sessions 1 and 2
A general revision of Fixed Income Maths-Interest Rates, Day Count Conventions, Migration from one interest rate to another, YTM, Duration, Convexity, Zero Curve and its derivation, Par Yield, Swap Curve.
Sessions 3 and 4
Risk Management Issues
Defining risk and in particular financial risk
Quantifying risk
Risks in a portfolio
Steps in risk management
Principles of managing risk
Determining risk appetite
Day 2
Session 1
Risk transference using derivatives products. Approach to derivative pricing and consequently the market structure of constructing them from available market products.
Broad approaches to the use of the various products and how to choose between competing products.
Session 2
Pricing a forward and future under various circumstances
Understanding FRA and its pricing approach. Using alternatives where available.
Session 3
Understanding options and how they differ from other products.
Using model in Excel to price an option. Understanding the concept of Implied volatility.Session 4
Understanding Swaps and their structures.
Day 3
Sessions 1 and 2
Engineering new risk management products:
Combining building blocks to produce new instruments
Combination using Forwards and Swaps, Options and Forwards, Options and Swaps, Options with other Options
Session 3
Option Greeks and their specific uses. Delta, Gama, Theta, Vega and Rho
Second Generation Options and their uses
Session 4
For time over-runs, revisions, discussions, questions and answers.
Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Training Institute.
TARGET AUDIENCE
Finance professionals
DURATION & TIMINGS
3 days
9.30 am to 5.00 pm
FEES
Rs. 15,000.00 + 10.30% (Service Tax + Education Cess) per participant inclusive of tuition fee, study material and meals.
PROGRAMME COORDINATOR
Sanjay Ved
For further details regarding registration contact:
E-mail: training@bseindia.com
Phone: 022 - 2272 8246/ 8464/ 8303
