Handbook

Understanding interest rate risk's impact an organisation's overall success. This course will equip you with the necessary skills to assess financial risks and manage them strategically with the use of financial instruments. Topics covered include term structure dynamics, analytical and numerical techniques, duration measures, interest rate derivatives, securitisation, mortgage-backed securities, and credit risk. This topic is important because there are trillions of dollars invested in interest rate derivatives world-wide and they can be quite risky. Understanding these mathematically sophisticated instruments and knowing how to apply them can be the difference between failure and success in today’s volatile global economic environment.