By completing this course, learners will be able to explain the fundamentals of structured finance, evaluate credit risk, analyze the mechanics of credit default swaps (CDS), and apply pricing and probability models to assess default exposures. They will also differentiate among advanced instruments such as credit-linked notes, asset swaps, and total return swaps, while interpreting joint default probabilities to understand systemic risk. Finally, learners will apply computational models, recovery rates, and pricing methods to credit derivatives in practice.
This course provides a unique blend of theory and application, guiding learners from the foundations of structured finance to advanced credit derivative instruments. Unlike traditional finance courses, it integrates practical computation with real-world case applications, offering insights into both risk transfer and portfolio management. Learners will benefit from structured progression—starting with fundamentals, moving through advanced applications, and concluding with computational practice—ensuring a comprehensive mastery of credit derivatives.
Whether you are a finance student, risk manager, or investment professional, this course equips you with the tools to analyze, price, and apply credit derivatives in today’s financial markets.
What's included
13 videos4 assignments
Show info about module content
13 videos•Total 102 minutes
Introduction to Structured Finance•2 minutes
Uses of Derivative Markets•12 minutes
Asset Site Product•11 minutes
Liability Side•9 minutes
Credit Risk•11 minutes
Credit Default Swaps•7 minutes
Definition of CDS•12 minutes
Definition of CDS Continue•4 minutes
CDS Pricing•9 minutes
CDS Pricing Continues•7 minutes
Calculate Accrued Premium•5 minutes
Default probabilities•8 minutes
Default probabilities Continues•6 minutes
4 assignments•Total 60 minutes
Graded - Foundations of Structured Finance and Credit Risk•30 minutes
Introduction to Structured Finance•10 minutes
Understanding Credit Risk and CDS Basics•10 minutes
Pricing and Probability Fundamentals•10 minutes
Advanced Credit Derivatives and Applications
Module 2•2 hours to complete
Module details
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 66 minutes
Bond CDS Equivalence•10 minutes
Credit Linked Note•12 minutes
Other Credit Derivatives•11 minutes
Total Return Swap•7 minutes
Asset Swap•9 minutes
Basket Default Swap•5 minutes
Basket Default Swap Continues•6 minutes
Probability of Two Entities•6 minutes
Conclusion•2 minutes
4 assignments•Total 60 minutes
Graded - Advanced Credit Derivatives and Applications•30 minutes
Exploring Derivative Instruments•10 minutes
Swaps in Credit Derivatives•10 minutes
Multi-Entity Risk and Conclusion•10 minutes
Credit Derivatives – Concepts, Instruments, and Applications
Module 3•3 hours to complete
Module details
What's included
12 videos4 assignments
Show info about module content
12 videos•Total 104 minutes
Introduction to Credit Derivatives•8 minutes
Credit Risk•7 minutes
Application and Credit Spread•11 minutes
Types of Credit Derivatives•5 minutes
Credit Spread Forwards•8 minutes
Types of Credit Linked Note•10 minutes
Types of Credit Linked Note Continues•9 minutes
Pricing Considerations•6 minutes
More on Pricing Considerations•7 minutes
Computation of Credit Derivatives•10 minutes
Computation of Credit Derivatives Continues•11 minutes
More on Credit Derivatives•12 minutes
4 assignments•Total 60 minutes
Graded - Credit Derivatives – Concepts, Instruments, and Applications•30 minutes
Foundations of Credit Derivatives•10 minutes
Instruments and Structures in Credit Derivatives•10 minutes
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