After completing this course the student will have the ability to:

• recall the institutional features of the most important financial markets and the financial instruments traded therein (money market deposits, FRAs, FX cash and forward transactions, bonds, floating rate notes, interest rate swaps, financial futures, options, single-name credit derivatives, multi-name credit derivatives)
• differentiate between the organizational forms of trading (OTC vs. exchanges)
• recognize the relation between financial markets and financial valuation models, in particular the static no-arbitrage framework
• apply valuation models and risk analysis models for fixed income instruments
• perform the estimation of yield curves
• make practical use of financial data series.

This course will also contribute to the student’s ability to:

• demonstrate effective team skills in order to contribute appropriately to the production of a group output
• work and communicate effectively in a team situation and to function as a valuable and cooperative team member
• participate in group discussions/team work
• Use financial market information for empirical research