154-0566/02 – Trends and Innovations in Financial Markets (TIFM)
| Gurantor department | Department of Finance | Credits | 4 |
| Subject guarantor | Ing. Martina Novotná, Ph.D. | Subject version guarantor | Ing. Martina Novotná, Ph.D. |
| Study level | undergraduate or graduate | | |
| | Study language | English |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The course is focused on selected topics of financial markets with the emphasis on current trends, innovative financial instruments and alternative investments. The course covers main aspects of asset securitization which provides an important source of financing for a variety business. In this course, students will be provided with an overview of securitized products and alternative investments, recognize the main risks and understand the impact of regulatory changes on the market.
At the end of the course, students will be able to:
- Evaluate the importance and types of financial innovations,
- understand the concept and process of asset securitization,
- characterise the main types of securitised products,
- discuss the role of rating agencies in the financial markets,
- distinguish between the principal classes of alternative investments,
- access the importance of adding an alternative investment to a portfolio,
- characterise current trends in the financial markets.
The prior knowledge of basic concepts and tools of financial markets is essential in this course.
Teaching methods
Lectures
Summary
The aim of the course is to provide an overview of current trends in financial markets. The main focus is on asset securitization and the creation of securitized products, the role of credit rating agencies in capital markets and the essence of alternative investment.
Compulsory literature:
Recommended literature:
Additional study materials
Way of continuous check of knowledge in the course of semester
Tasks, combined examination (written and oral part)
E-learning
Other requirements
There are no other requirements on studnet.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Financial innovations and current trends
2. FinTech in financial services
3. Investment trends in financial markets
4. Asset securitisation – concepts and motivation
5. Residential mortgages as underlying assets
6. Pass-through securities, tranching, and CMO
7. ABS, CDO, and non-mortgage securitisation
8. Securitisation, financial crisis, and regulation
9. Introduction to alternative investments
10. Real estate as an alternative investment
11. Commodities and infrastructure investments
12. Investment vehicles and access to alternative assets
13. Hedge funds and private equity
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction