Calibrating Interest Rate Models
While in earlier training courses we have covered classic interest rate models, in this session we review two more advance Interest Rate Models, the Cox Ingersoll & Ross Model (CIR) and the Multifactor HJM model for projecting the entire forward curve, rather than just the short rate.
Mathematical Finance: Simulating Interest Rates using [...]
This road maps focuses on bootstrapping the zero curve and using the zero curve to calculate implied forward interest rates (forward curve). We then used the projected forward rates to price the swap rate for fixed to floating interest rate swap. A separate series of posts build on this material and extend its reach to pricing interest rate caps, interest rate floors, range accrual notes, commodity and equity linked notes.
Pricing Interest Rate Swaps (IRS)
Here is the first course on pricing interest rate swaps and cross currency swaps divided into three separate sections that address basics of interest rate swaps, term structure modeling and boot strapping and mark to market and valuation.
Pricing Interest Rate Swaps (IRS) Basics
Forwards and Swaps – Pricing Interest Rate Swaps (IRS) [...]
Mathematical Finance: Option Pricing using Monte Carlo Simulators
In addition to the Black Scholes Equation and binomial trees another important tool in option pricing is Monte Carlo Simulation. A Monte Carlo Simulator in Excel uses the inbuilt Random function in excel to model uncertainty. The Monte Carlo (MC) Simulator uses standardized mathematical finance equations to simulate [...]
Binomial Trees
This course focuses on an alternative method of implementing a two-dimensional binomial tree compared to the traditional method of building a binomial tree presented in most option pricing text books. The alternate approach is based on the techniques documented by Professor Mark Broadie at Columbia Business School as part of his coursework in Security [...]
Basic Options Trading Strategies
The training session covers introductory spreads, straddles, strangles, butterflies and ratio spreads primarily used in option trading and trading strategies.
Trading options and derivatives – Strategy review
The session assumes familiarity with options and derivatives. If you need a quick refresher please see the introductory and intermediate courses below on Derivatives and Options products:
The [...]
Derivatives and Options Pricing, Risk Management and Financial Equation Reference
For a complete reference to equations and calculator referred to in our course catalog, please see theDerivative Pricing and Financial Risk Equation Glossary. For topic specific equations, please see the following links:
Calculating Value at Risk
Duration, Convexity and Asset Liability Management
Black Scholes, Derivative Pricing, Binomial Trees
Calculating Forward [...]
Options and Derivatives Training: Introduction to Derivatives: Options, Futures, Forwards and Swaps
The introduction to options and derivatives course has three modules. Two are online learning and self contained training courses while the third is a derivatives and options pricing equation reference. You can go directly to the course pages now or walk through the learning [...]
Here is the survival guide package for small business credit analysis training.
A basic course on credit process.
Followed by two courses on credit and ratio analysis.
Both courses assume familiarity with finance and accounting which is covered via two basic refreshers and six case studies.
The order with you should move through is as under if you are [...]
The course assumes that you have some basic knowledge of ratio analysis, finance and accounting. The ratio analysis course listed below like the accounting and finance courses is a basic course. You also need to review the Small Business Credit Analysis course to get deeper into the credit analysis performed by a bank.
Ratio Analysis Training: [...]
