Pricing Interest Rate Swaps – Final Exam question for test prep
I teach the Derivative Pricing and Risk Management courses to EMBA and MBA students in Dubai and Singapore. In a recent exam one question caused a lot of heart ache and pain in exam takers. While most student understood the gist of the question, they [...]
Greeks – Option Price Sensitivities – A cheat sheet to Delta, Gamma, Vega, Theta & Rho.
While we have done a few posts earlier about option price sensitivities, here is a quick reference guide for the truly lost and confused. For convenience the reference guide has been broken down into the following sections
Greeks Formula Reference
Greeks – [...]
Seven new free risk and portfolio management case studies – Value at Risk, ALM, Greeks & Monte Carlo Simulation tweaks
We have been busy over the last three months.
As part of the effort around the re-launch of FinanceTrainingCourse.com website on Amazon Web Services and the be a Finance Rock Star campaign we put together seven new [...]
Advance Risk Management Models – Free Online Resource Guide
Advance Risk Management Models (aka RM II) course is a 1 credit course taught at the SP Jain Campus in Dubai and Singapore by Jawwad Ahmed Farid. A variation of this course was delivered (22-29th August 2012) at the SP Jain Dubai Campus by and in Singapore [...]
Fixed Income Investment Portfolio Management using duration, convexity and Excel solver
It doesn’t matter if you manage a pension fund, a life insurance trust fund or the proprietary book of an investment bank, at some point in time you hit your allocation and risk limits and need to rebalance your portfolio.
In most instances your limits and [...]
Sales & Trading Interview Guide: Understanding Greeks. Option Delta and Gamma.
Here is a short and sweet extract from the Sales & Trading Interview Guide series on Understanding Greeks (iBook and plain vanilla PDF version in the works). Rather than focus on formula and derivations, we have tried to focus on behavior. Our hope is the [...]
Sales and Trading Interview Guide: Understanding Greeks
Trading requires a combination of intuition, discipline and process. Of the three intuition is the most difficult to teach, since discipline and process is an incentives and control game. While individual intuition can be built over years of experience there are rules that make it easier to pick up [...]
Update: The ebook edition of the Sales & Trading Interview Guide – Understanding Greeks and Delta hedging is now available for sale and in stores.
Preparing for the quantitative portion of a sales and trading interview for a main street bank is a nightmare. Specially if the bank is an active derivative trader and wants it [...]
Our third title in our ground breaking Risk on the iPad series, “Asset Liability Management & Value at Risk Test Bank“ is now available for sale on the Apple iTunes iBook Store.
Customers asked for a self contained, self assessment iBook based on our earlier Value at Risk (VaR) and Asset Liability Management (ALM) titles. Our third [...]
Jawwad Farid
How is that for a birthday gift?
The Apple iTunes store features two of our iBooks for iPad titles in the New and Noteworthy featured section in Finance. The Featured in Finance titles include Understanding ALM and Calculating Value at Risk.
A job well done by an outstanding team. Keep an eye out for our third [...]
