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所在平台: Udemy |
课程主页: https://www.udemy.com/course/structured-finance-360-from-credit-risk-to-asset-swaps/
课程评论：没有评论
课程名称：结构化金融360：从信贷风险到资产掉期 课程概述： 结构化金融是现代金融体系中的关键组成部分，提供了创新的风险管理和缓解方式。本课程全面深入地探讨结构化金融的基本要素，内容涵盖从入门到高级的不同层面，内容包括信用评级、信用违约掉期、证券化、信用衍生品及高级金融工具。该课程面向初学者和经验丰富的金融专业人士，采用详细和实践性的方法，帮助学生理解结构化金融如何影响金融市场、企业和全球经济。 课程结构： 第一部分：结构化金融01 - 初学者 本部分介绍结构化金融的基本概念，学生将学习信用评级和信用违约掉期（CDS）的作用，以及信用事件如何塑造金融环境。课程探讨证券化的起源，特别关注2008年全球金融危机与其联系。讲座内容包括危机后新金融工具的出现，深入理解分层结构及其在结构化金融中的作用。本部分还分析了不同资产类别及证券化过程，强调其对金融机构的好处。 第二部分：结构化金融02 - 信贷衍生品 本部分进入更高级的领域，重点关注信贷衍生品的内容。课程开始于衍生品市场的介绍，讲解衍生品如何用于对冲信贷风险。学生将探讨资产端与负债端产品的区别，并深入了解信用违约掉期（CDS），学习其定价、应计溢价计算以及违约概率与债券/CDS等价关系。其他关键工具，如信用关联票据、总回报掉期和篮子违约掉期，也将详细介绍，提供学生对结构化金融中信贷衍生品的全面概述。 第三部分：结构化金融03 - 证券化 在最后一部分，学生将专注于证券化这一结构化金融的重要组成部分。课程从抵押证券化的探讨开始，介绍各种类型的资产支持证券（ABS）。将深入讨论分层结构的核心概念，及证券化中所使用的资产类型。学生将获得证券化过程的实用知识，从初始阶段到最终执行，学习证券化为金融市场提供的关键好处。通过这一部分的学习，学生将全面理解证券化的工作原理及其在结构化金融中的重要性。 结论： 本课程使学生全面了解结构化金融，从基础概念到高级信贷衍生品和证券化过程。完成本课程后，学生能够分析金融市场，通过结构化金融工具管理信贷风险，并更好地理解塑造全球金融的机制。
Course Introduction: Structured finance is a critical aspect of the modern financial world, providing innovative ways to manage and mitigate risk. This comprehensive course delves into the essentials of structured finance, beginning with an introduction to the field, credit ratings, and credit default swaps, leading to in-depth explorations of securitization, credit derivatives, and advanced financial instruments. Designed for both beginners and experienced finance professionals, the course takes a detailed, practical approach to understanding how structured finance impacts financial markets, businesses, and global economies.Section 1: Structured Finance 01 - BeginnersThis section introduces the fundamental concepts of structured finance. Students will learn about the role of credit ratings, credit default swaps (CDS), and how credit events shape the financial landscape. The course covers the origin of securitization, beginning with an introduction to the process and its connection to financial crises, particularly focusing on the 2008 global financial crisis. Lectures will explore how new financial instruments emerged post-crisis, leading to a deeper understanding of tranching and its role in structured finance. The section concludes with an analysis of different asset classes and the securitization process, highlighting its benefits for financial institutions.Section 2: Structured Finance 02 - Credit DerivativesThis section moves into more advanced territory with a focus on credit derivatives. It begins with an introduction to the derivative markets and explains how derivatives are used to hedge credit risk. Students will explore the differences between asset-side and liability-side products, and dive deeper into credit default swaps (CDS), understanding their pricing, the calculation of accrued premiums, and the relationship between default probabilities and bond/CDS equivalence. Other key instruments such as credit-linked notes, total return swaps, and basket default swaps are covered in detail, providing students with a comprehensive overview of credit derivatives in structured finance.Section 3: Structured Finance 03 - SecuritizationIn the final section, students will focus on the process of securitization, a crucial component of structured finance. The section begins with an exploration of mortgage securitization and introduces the various types of asset-backed securities (ABS). The core concepts of tranching are discussed in depth, as well as the types of assets that are used in securitization. Students will gain practical knowledge of the securitization process, from the initial stages to its final execution, while also learning about the key benefits securitization provides to the financial markets. By the end of this section, students will have a thorough understanding of how securitization works and its importance in structured finance.Conclusion: This course equips students with a holistic understanding of structured finance, starting from the foundational concepts to advanced credit derivatives and securitization processes. By completing this course, students will be able to analyze financial markets, manage credit risk through structured finance tools, and better understand the mechanisms that shape global finance.
