Infopaket

International financial analytics

ВК 2.5

Вибіркова дисципліна для ОП

Second

2023/2024

3 Semester

4

To know the conceptual and terminological apparatus of global financial innovations; source base on new products and technologies of international financial markets; methods and directions of financial innovations and engineering; the essence and characteristics of structured finance; system and features of structured products; structure and mechanism of functioning of cat financial instruments; alternative types of investing in world finance; features of securitization development; the specifics of hedging climate risks. Be able to systematize the prerequisites, factors and prospects for the development of the global market of innovative financial products and its individual segments; analyze the effects and consequences of the process of securitization of assets and risks; carry out a comparative analysis of the forms and functional features of new types of financial instruments; evaluate the features of the world experience of using catastrophic securities as a risk management tool.

Full-time form

1. Knowledge of the regularities of development of world finance, instruments and mechanisms of international financial markets and the basics of financial mathematics. 2. Skills of search and analysis of statistical data, primary sources of financial information and analytical materials. 3. Knowledge of English or other foreign languages to expand the possibilities of studying and analyzing information sources on the problems of innovative development of international financial markets.

Topic 1. Concepts and methods of analysis of financial information in international financial markets. Topic 2. Innovation process in the global financial economy. Methods of financial products engineering. Topic 3. Securitization of assets and risks in global finance: mechanisms and models. Topic 4. Development of structured finance. Topic 5. New financial instruments in the management of natural and climatic risks. Topic 6. The structure and mechanism of catastrophic bonds. Topic 7. Structured financial products.

1. Beder T.S., Marshall C.M. Financial Engineering: The Evolution of a Profession. Wiley, 2011. 2. Fabozzi F., Davis H., Choudry M. Introduction to Structured Finance. John Wiley & Sons, 2006. 3. Frankel T. Securitization. Structured Financing, Financial Asset Pools, and Asset-Backed Securities / 2d ed. Fathom Publishing Company, 2006. 4. Hu J. C. Asset securitization: Theory and practice. John Wiley & Sons, 2011. 5. International Handbook of Financialization / Edited By Ph. Mader, D. Mertens, N. van der Zwan. London: Routledge, 2020. 6. Securitization of Financial Assets / Third Edition. J. H. P. Kravitt (ed.). New York: Wolters Kluwer Law & Business, 2013.

Lecture, seminar, individual work.

1. Oral answers, additions, blitz polls, discussion, practical tasks, mini-cases: 50 points / 30 points. 2. Execution of individual independent work (essay, presentation) - 30 points / 18 points. 3. Modular test - 20 points / 12 points.

Ukrainian