Welcome to BSE Institute Ltd.| Certificate Program in Quantitative Finance course.

BASIC INFORMATION

Level : Advance
Mode : Classroom

Eligibility : Graduate
Duration : 7 Months

Location : Mumbai
Start Date : TBA

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Course Description

The demand for quantitative financial skills is consistently expanding. A Quant's job is dynamic, complex, and requires a wide range of skills. These abilities range from a fundamental comprehension of financial statement data and non-financial performance metrics to a deeper dive into business and financial modelling. To make informed financial decisions and investments, analysts use spreadsheet models, modelling methodologies, and common investment analysis applications as part of their arsenal.

This multifaceted concentration will prepare a learner for a career in the fast-paced world of data and business research, as well as a better technical understanding of finance and quantitative modelling. Beginning with the basics of quantitative modelling.To know more

Objective of the Course

Understand the fundamentals of the stock market
Know Bonds and bond pricing
Master the Markowitz model and Modern Portfolio Theory
Learn about the CAPM (Capital Asset Pricing Model) (CAPM)
Grasp the implications of derivatives (futures and options)
Explain Credit derivatives

Course Syllabus

Financial Markets and Derivatives

Use the principles of the valuation of shares and bonds;
Be able to apply certain analytical techniques regarding shares and bonds;
Analyze the sources of bond risk and the factors affecting bond prices.
Acquire the ability to critically evaluate the performance of an equity fund manager.
Understand the process and requirements of trading in derivatives contracts.
Critical understanding of the features, including risks, associated with derivative products
Conceptual understanding of the main types of derivatives products and their usage.

Econometrics for Financial Decision making

Basics of Bayesian statistics.
Basics of simulation-based inference needed for applying advanced Bayesian Econometrics.
Learn about relevant applications of Bayesian techniques in financial decision-making problems. These applications include (i) predicting asset returns,(ii) portfolio optimization; and (iii) modeling and forecasting volatility in financial markets.
Learn how to conduct Bayesian inference in econometric models and how to interpret and use the outcomes resulting from the Bayesian analysis for decision making.

Financial Mathematics for Discrete Time Finance

Identify and solve problems involving conditional expectation
Demonstrate a thorough understanding of the coxross-rubinstein binomial model and apply it to option pricing problems
Demonstrate an understanding of the role of the riskneutral pricing measure
Demonstrate an understanding of the main aspects of discrete-time martingale theory
Demonstrate an understanding of the doob's optional stopping theorem
Critical understanding of the cox-ross-rubinstein model
Conceptual understanding of the role of the risk-neutral pricing measure
Conceptual understanding of the role of equivalent martingale measures in financial mathematics
Conceptual understanding of the optional stopping problem

Asset Pricing

The theory about the stochastic discount factor and models for it.
Why the Capital Asset Pricing Model takes a central place in asset pricing.
What the equity premium puzzle and cross-sectional anomalies are, and how they are related to asset pricing models.
Your theory of testing asset pricing models.
How to design research in asset pricing.
How test the validity of asset pricing models.
How to include conditional information in asset pricing models and tests.

Programming Methodology for Finance

Programming with Python
Numerical computing and computational finance applications

Partner / University

Gokhale Institute of Politics and Economics, Pune, established in 1930 by the Servants of India Society, is the oldest research and training institute in Economics in the country. It is dedicated to research into the socio-economic dimensions of the Indian society, and carries forward the legacy of Gopal Krishna Gokhale who founded the Servants of India Society in 1905 with a view to promote education and develop capabilities among Indians for the governance of the nation after it had attained its political independence. The Institute is registered under the Societies Registration Act, 1860, and the Bombay Public Trusts Act, 1950. Over the decades, the Institute has established strong credentials in empirical and analytical research. In recognition of its contribution to higher learning and research in Economics, the Institute was awarded the status of institution Deemed to be University, in 1993.

www.gipe.ac.in