Areas of Expertise
- Models of the term structure of interest rates
- Credit risk pricing models
- Bond pricing
The financial sector is one of the most dynamic sectors of a modern global economic system. Innovations within the financial system of developed economies have been increasingly important in recent years and they have been evolving continuously. It is, therefore, important to analyse and understand the main institutions in financial markets, and examine the nature of the financial instruments (securities) they use. This module aims to provide students with an in-depth knowledge of financial systems, institutions, markets and instruments. In addition, this module also provides the gateway for students to understand the practice, policy and contemporary topics related to the financial markets and institutions.
Financial Econometrics aims to provide students with both a theoretical and a practical knowledge of econometric techniques required in the analysis of financial data. This is intended to help students develop the skills required to perform advanced financial analysis. Practical examples and practical sessions are used to illustrate the concepts involved, and particular emphasis is given to using real data in examining and testing hypotheses concerning the properties of, and relationships between, financial series.