The purpose of this unit is for students to gain a working knowledge of credit risk management and credit models, with associated applications. The unit follows on from the credit topics in ECFS868 and aims to provide a more in-depth understanding of both credit fundamentals and the new tools of credit risk management that have emerged over the past decade.<br/>The unit covers: techniques of default prediction; an understanding of credit portfolio characteristics such as correlation; active credit portfolio management in banks; the regulatory environment; credit derivatives and structured credit; and counterparty credit risk. -- Course Website
Instructor: Mr Max Morley
Prerequisites: (Admission to MAppFin or PGCertAppFin) and ECFS865 and ECFS867 and ECFS868
