Investition und Finanzierung IV: Financial Engineering (50760)
| Modulziele und angestrebte Lernergebnisse // Module objectives and intended study results: |
The students
- become acquainted with the most relevant concepts for the modelling of derivatives (financial options and real options),
- develop an adequate understanding of the methods for deriving the price of options,
- gain insights in computer algebra systems during the teaching unit,
- are able to choose feasible analytical numerical algorithms and to apply them on problems of Corporate Finance in the end of the teaching unit,
- acquire team and communicative competence through group projects
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| Inhalt // Contents: |
- Instruments of risk management (Corporate Finance)
- Computer algebra systems
- Complex financial strategies
- Evaluation of derivatives (time continuous/discrete modeling)
- Evaluation and modeling of basic and multi-period real option
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| Literaturhinweise // References: |
- Cuthbertson, K., Nitzsche, D.: Financial Engineering: Derivatives and Risk Management, John Wiley & Sons- Trigeorgis, L.: Real Options: Managerial Flexibility and Strategy in Resource Allocation, MIT Press.
- Hull, J.C.: Options, Futures and other Derivatives, Pearson Education- (current editions)
- Complementary lecture materials, exercise materials
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| Credit Points // credits: |
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| Arbeitsaufwand // Work load: |
- 56 Präsenzstunden/hours attendance time & 94 Stunden Selbststudium inkl. Prüfungsleistung/learning hours incl. exam(s)
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| (Weitere) Studienbegleitende Prüfungsleistung(en) // (further) continuous module-related assessment(s): |
- Schriftliche Aufsichtsprüfung(en) [Endklausur(en)] // supervised written examination(s) [final exam(s)]
- Projektarbeit(en) // Project Work(s)
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