Course code BUS325

BUS325 Fixed Income Instruments

Norsk emneinformasjon

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Showing course contents for the educational year 2018 - 2019 .

Course responsible: Glenn Roger Kristiansen
Teachers: Erik Smith-Meyer
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN, NO
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel, .
Course frequency: Annually
First time: Study year 2012-2013
Preferential right:
-Master in Business Administration
Course contents:
The course will cover bonds, interest rate swaps and other fixed interest rates, instruments that are actively used in the Norwegian as well as international financial markets. We will look at the use of such instruments by the government sector, corporations and financial institutions. The value, investments strategies, hedging and risk related to such instruments. In the course we will actively use and build Excel Spreadsheets to analyze fixed income instruments.
Learning outcome:

In this course students will acquire solid knowledge about bonds, interest rate swaps, asset swaps, FRAs and other forms of interest rate products. The course is highly relevant for a series of jobs in the government sector as well as private sector that has to do with financing and investments. Key words: government financing, private financing, hedging and investments, fixed income asset management, yiled, duartion, convexity, swap spreads, credit spreads, interest rate moddeling, credit risk, caps, floors, swaption.

How much each student actually acquire of knowledge will to a large degeree also depend on their own efforts. This course has significant workload.

Learning activities:
- lectures, assignments ,self study, excel spreadsheets.
Teaching support:
Will be decided later on.
Basic finance and statistics, basic knowledge of Excel.
Recommended prerequisites:
Mandatory activity:
Participation on at least 2/3 of the lectures/seminars. Compulsory activity is valid until the next time the course is given.
Final written exam, 3,5 hours. Exam counts 100%. 
Nominal workload:
300 hours.
Entrance requirements:
Reduction of credits:
Type of course:
Lectures: 52 hours.
External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Allowed examination aids: B1 Calculator handed out, no other aids
Examination details: One written exam: A - E / Ikke bestått