The concentration in Capital Markets was specifically formulated in response to the demands of today’s investment banking sector. You are given a thorough base in mathematical methods and tools that are essential for a successful investment banking career. This programme is ideal for all those who wish to work for investment banks and other financial institutions. It is also aimed at students who wish to pursue a PhD upon completion of the Master‘s programme. It prepares you for a career path in an investment banking environment such as trading, risk management, asset management or derivatives.
Specialisation Modules
Derivative Analysis
You develop your understanding of the use of derivative products, gain a comprehensive theoretical understanding of forwards, options and other derivatives, learn to analyze and calculate hedges and how to implement these with Excel.
Credit Risk Default Models & Credit Derivates
The management of credit risk is an essential part of this course. To be familiar with the credit value at risk and the industry models, like Credit Risk+, are only some of the important learning results. You will be able to apply credit derivatives, discuss mark-to-market CDS pricing and the CDS curve.
Structured Products & Interest Rate Models
You learn about the motivation of structured interest rate products and about the role of swaps as a primary security in the world of interest rate derivatives. Understanding and analyzing the interest rate swaps and the swap curve and its history are critical for subsequent coursework and for using and evaluating complex interest products.
Asset Management
The module introduces the practice of portfolio management. Asset allocation, portfolio insurance, shortfall risk and performance measurement and attribution form the essentials of this course, with a strong emphasis on practical application.
Financial Engineering
Financial engineering takes application one step further. Under tight time constraints, students use their knowledge from the capital market concentration to prepare and present case studies. Working in an international project group, you gain hands-on experience in pricing, analyzing and selling financial products to clients.