37281 - Credit Derivatives

Academic Year 2015/2016

  • Teaching Mode: In-person learning (entirely or partially)
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Quantitative Finance (cod. 8854)

Course contents

Credit risk. Rating systems. Merton model (1974) and extensions. Structural approach and reduced-form approach. Credit derivatives. CDS. CDOs.

Readings/Bibliography

Textbooks and articles will be suggested during the classrooms.

Assessment methods

Written exam.

Teaching tools

The text of the lectures and a few exercises will be made available.

Office hours

See the website of Rossella Agliardi