Analytics for Finance, Banking and Economics

Description

Course description:

 

This course will build an advanced level of financial and economic analysis for MBA level students. Students will be exposed to methodology and practice used in quantitative analysis in investment funds, commercial banks, and central banks. The course will continue to advance students’ knowledge of finance, investments and monetary policies. In contrast to BBA level courses, the MBA course will concentrate on details and practical techniques of quantitative finance, risk management, investment analysis, and decision-making. The course includes theory, practical applications, and problem-solving techniques.

 

The course combines some introductory and advanced finance practical techniques and methodology. It’s is assumed that the students have completed Accounting courses previously. This course prepares the students for future work in the financial department, treasuries or risk management department of multinational companies or in investment companies, hedge funds, venture capital companies.

 

Learning objectives:

• Understand the implications and methods of analysis of financial instruments
• Understand and apply the methods and techniques of stock portfolio management
• Understand the concepts and learn the techniques of technical analysis of stocks
• Learn, assess and distinguish the influence of monetary policy and central banks on financial markets

 

Learning outcomes:

• Valuateequity stock using Risk/Return characteristics
• Assess the stock from alpha-based performance measures
• Assess the stock using technical quantitative indicators
• Valuate the bonds
• Assess the state of monetary policy in a country
• Assess the economic cycle ina country
• Assess the balance risks of commercial bank
• Find, analyze, interpret the data
• Visualize the data according to modern requirements

 

Skills-based objectives

Students should be able to:

• Analyze critically the results of analyses
• Visualize the data and communicate the results
• Work effectively in a small group to solve a problem
• Use computers to support the evaluation of calculations
• Communicate, in written report form, a solution to a practical problem
• Communicate orally a solution to a practical problem

 

Language: English

 

Price: UAH 24 000

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Course outline:

 

Lesson 1

Introduction

Capital markets. Main economic and financial agents.

Introduction to Central banking. Monetary Policy, Financial Stability, and Regulation

Crises’ economics

in-class case discussion

 

Lesson 2

Financial market instruments

Equities, bonds, other instruments

Analysis of the financial markets

Fundamental vs Technical analysis

Technical analysis

News based analysis “Greed’n’Fear”

in-class case

 

Lesson 3

ECM Capital markets

Overview of equity valuation methods

Equity Risk/Return analysis

CAPM

In-class case

 

Lesson 4

DCM Capital markets

Fixed income instruments

Valuation of bonds

Credit ratings of corporates and countries

CDS

In-class case

 

Lesson 5

Interest rates

Rates’ relationships

Risk-free rate

Treasury bonds

Yield curves. Constructing yield curves, assessing the curves

Assessing the yield curves

Future economic activity

In-class case

 

Lesson 6

Monetary policy

Tools of monetary policy

Central banking

Connection with crises’ economics

Overview of modern economic schools

Cycles

 

Lesson 7

Commercial banking

Business of commercial banks

Management of the banks’ balance sheet

Management of the banks’ risks

Regulations

Basel III

Risks’ assessment and forecasting

 

Lesson 8

Mid-term exam

 

Lesson 9

Macro-financial analysis

Macro and monetary analysis cross-influence

Dealing with large data sets

Data sources, cross-check, alternative sources: media, surveys, GoogleRecommended visualization of data

In-class case

 

Lesson 10

Case presentations and discussions

Case Presentations

Q&A

 

Lesson 11

Modern quantitative methods for equity and bonds portfolio

Overview of “quant” methods used for bonds, equity, and derivatives analysis

Equity analysis (alpha-based measures reviewed)

Derivatives

Shocking the curves

 

Lesson 12

Derivatives

Introduction to derivatives

Complexity of derivatives

Risk management of derivatives

In-class case

 

Lesson 13

Financial software

Recommended visualization of data

Overview of analytical software

Overview of quantitative software

Overview of modern ERP software

 

Lesson 14

Project presentation and discussions

ProjectPresentations

Cases

Q&A

 

Lesson 15

Final Exam