Outlines are uploaded as they become available. Deriscope facilitates data input by supplying instrument definitions filled with typical values that you may replace with your own custom data. We are committed to helping our clients solve their toughest challenges, without compromise. We sell no financial instruments. We pledge to deliver results with a degree of precision appropriate for their intended use within the time constraints imposed by regulators or competitors in the marketplace. Contacts Given the difficulty of valuing illiquid assets and the potential for conflicts of interest, our clients rely on us for independent third-party valuation services. Contacts Asset managers lean on us for assistance and guidance on valuation governance and to establish valuation best practices.
Deriscope draws on 's analytical power to calculate the price, risk and various other properties of all the financial instruments listed under. Workload Students are expected to commit at least 10 hours per week to completing the work in this course. Requisite and Incompatibility Fees Tuition fees are for the academic year indicated at the top of the page. Because of increasing interest in the use and misuse of derivative securities in portfolio management, new courses have emerged that are called risk management, but are primarily based on valuation and application of derivatives. Whether the pursuit be capital budgeting for a business, purchasing of raw materials, borrowing to finance a new venture, or personal investment, an important component of success is the recognition, assessment, and management of the attendant risks.
Students learn a range of analytical methods, apply these techniques with market data, and communicate their findings to others. Our practice is deeply rooted in fair valuation of illiquid assets on behalf of hundreds of hedge funds, private equity firms, financial institutions, corporations, other investment managers and investors. The receipt of independent advice and a financial opinion by a sponsor in affiliate transactions has become a widely adopted practice. Students will learn essential risk management skills, such as how markets in these securities can be used to shift risk away from or toward the user. Analytics Reliability - QuantLib Rather than relying on proprietary analytics, Deriscope delegates the option pricing job to the QuantLib software library, which has been in existence since the year 2000 and is actually used by thousands of professionals worldwide. Divided into ten information-packed parts, Derivatives shows you how this financial tool can be used in practice to create risk management, valuation, and investment solutions that are appropriate for a variety of market situations.
This fact also makes Deriscope an excellent way to get acquainted with QuantLib and test its several features and models directly in Excel without the need to use a programming language. Contacts Drawing on our extensive experience analyzing, structuring, securitizing, underwriting, investing in, and trading whole loans and structured credit instruments, our professionals employ thorough analytical methods and powerful proprietary modeling techniques. Today there is a vast array of financial instruments available to investors, corporate treasurers, and asset managers. All gainful pursuits involve a degree of risk. As such, all derivatives can be valued through discounting them using the risk free rate. Derivatives: Valuation and Risk Management, by David A.
Complex structures created by managers to incentivize performance while providing for tax efficiency, combined with the unique attributes of comparable public companies and transactions, call for an in-depth understanding of both the manager and the broader industry. To overcome these challenges, firms need a next generation valuation and risk solution that enables growth, now and in the future. We are experts in the hedging of financial risk. An industry standard since 1990, our advanced analytics, flexible architecture and patented technology enable better investment and risk management decisions. Where there is a unit range displayed for this course, not all unit options below may be available.
Deriscope makes no attempt to sanitize the output of QuantLib algorithms. Professor Whaley's research has been published in top academic and practitioner journals, and he is a frequent presenter at major conferences and seminars. Derivatives can be used to hedge, speculate, increase or decrease leverage, locking in profits or losses and changing the nature of assets and liabilities. It does not litter Excel's existing menu or ribbon in the latest versions with its own items. Under certain circumstances, we may be able to transfer risks to others in return for a fee. To service these clients, we are able to mobilize a deep bench of resources with relevant transaction experience to provide real-time market insights as well as asset class and industry-specific expertise. Students will learn essential risk management skills, such as how markets in these securities can be used to shift risk away from or toward the u Derivatives: Valuation and Risk Management, by David A.
We rapidly mobilize the right team for the job, drawing on our expertise in a wide variety of asset classes and industries, along with our real-world transaction experience and market knowledge, from our dedicated global financial advisory services business. Whaley is the Valere Blair Potter Professor of Management at the Owen Graduate School of Management, Vanderbilt University. Derivatives: Valuation and Risk Management is ideal for both undergraduate and graduate classes on derivatives, financial risk management, futures, or options. Deriscope also significantly simplifies the process of spreadsheet construction through an included spreadsheet generation tool. Other Information See the course outline on the.
Students will learn essential risk management skills, such as how markets in these securities can be used to shift risk away from or toward the user. In derivative valuation, a key ingredient are so-called no-arbitrage conditions. Our advice and analysis supports a streamlined and efficient acquisition or divestiture process, allowing for more timely and informed transaction decisions. This will include at least 3 contact hours per week and up to 7 hours of private study time. Transactions or trades conducted by a sponsor among its affiliates may lead to investor challenges and regulatory actions. It only displays a dedicated task pane that acts as both information board and workplace in real-time interaction with the spreadsheet contents. This course covers the design, use, and pricing of derivative instruments and reviews their role in risk management.
Houlihan Lokey has been at the forefront of providing valuation and fairness opinions to sponsors across a wide range of affiliate transactions. Our clients include hedge funds, private equity funds, banks, insurance companies, and corporations. Deriscope does not transmit, distribute, publish or otherwise disseminate such feeds and therefore cannot guarantee the accuracy or the timely update of the displayed data. We are at the forefront of evolving trends in portfolio valuation best practices and have advised some of the most respected asset managers in the industry. Our industry-standard suite of sophisticated risk analytics combined with unrivaled speed and accuracy help you make the right investment decisions. Chapter Overview Powerpoint Files : Note: Even if you don't have the full version of PowerPoint, you can still view presentations by visiting the Microsoft Web site, where you can. There are tools for the generation of yield.