Objectives and competences
To research using the selected methods in quantitative finance.
To analyze complex situations and processes.
To apply adequate methods in quantitative finance for problem solving in business practice.
To apply adequate approaches for business decision-making at risk and uncertainty.
Content (Syllabus outline)
Topics cover important issues in the field of quantitative finance. The course includes:
- Introduction to financial econometrics
- Modelling volatility
- Modeling financial risks
- Emperical properties of prices of financial instruments
- Forecasting prices of financial instruments
Learning and teaching methods
Lecturing.
Case studies.
Active research work, discussion.
Problem solving.
Intended learning outcomes - knowledge and understanding
Development of Knowledge and Understanding
The learner
? Knowledge base: has great depth and systematic understanding of a substantial body of knowledge. Can work with theoretical / research knowledge at the forefront of the discipline at peer reviewed standards/ publication quality
? Ethical issues: can analyse and manage the implications of ethical dilemmas and work pro-actively with others to formulate solutions
? Disciplinary methodologies: has a comprehensive understanding of techniques / methodologies applicable to the discipline (theory or research-based).
Cognitive and Intellectual Skills
The learner:
? Analysis: with critical awareness, can undertake analysis, managing complexity, incompleteness of data or contradictions in the areas of knowledge
? Synthesis: can synthesise new approaches, in a manner that can contribute to the development of methodology or understanding in that discipline or practice
? Evaluation: has a level of conceptual understanding and critical capacities that allows independent evaluation of research, advanced scholarship and methodologies. Can argue alternative approaches
? Application: can act independently and with originality in problem solving, is able to lead in planning and implementing tasks at a professional or equivalent level
Key / Transferable Skills
The learner:
? Learning resources: is able to use full range of learning resources
? Self evaluation: is reflective on own and others’ functioning in order to improve practice
? Management of information: can undertake innovative research tasks competently and independently
? Autonomy: is independent and self-critical as learner; guides and supports the learning of others and can manage own continuing professional development
? Communication: can communicate complex or contentious information clearly and effectively to specialists / non-specialists, understands lack of understanding in others. Can act as a recognised and effective consultant
? Problem solving: can continue own professional study independently, can make use of others professionally within / outside the discipline.
Practical Skills
The learner:
? Application of skills: can operate in complex and unpredictable / specialised contexts that may be at the forefront of knowledge. Has overview of the issues governing good practice
? Autonomy in skill use: can act in a professional capacity for self / others, with responsibility and largely autonomously and with initiative in complex and unpredictable situations
Readings
Študenti bodo dobili nabor člankov, ki pokrivajo posamezna poglavja.
Students will be supplied with selected papers, which cover the topics of the course.
Additional information on implementation and assessment Seminar paper 50
Oral exam 50
Student passes the exam, when each part of the examination is evaluated as positiv.
