Universität Wien FIND

040016 KU Fixed Income Securities (MA) (2020W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung


Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").


max. 50 Teilnehmer*innen
Sprache: Englisch


Termine (iCal) - nächster Termin ist mit N markiert

Dienstag 06.10. 15:00 - 16:30 Digital
Dienstag 13.10. 15:00 - 16:30 Digital
Dienstag 20.10. 15:00 - 16:30 Digital
Dienstag 27.10. 15:00 - 16:30 Digital
Dienstag 03.11. 15:00 - 16:30 Digital
Dienstag 10.11. 15:00 - 16:30 Digital
Dienstag 17.11. 15:00 - 16:30 Digital
Dienstag 24.11. 15:00 - 16:30 Digital
Dienstag 01.12. 15:00 - 16:30 Digital
Dienstag 15.12. 15:00 - 16:30 Digital
Dienstag 12.01. 15:00 - 16:30 Digital
Dienstag 19.01. 15:00 - 16:30 Digital


Ziele, Inhalte und Methode der Lehrveranstaltung

The course provides an introduction to fixed income securities. We will start with the discussion of the specific properties of such securities and the institutional details of the most important markets. The main part of the course will be devoted to valuation techniques and risk management. In the next part, we will cover non-standard bonds such as those that include an option and those featuring default risk. If time permits, we will discuss securitization in the last part of the course.

Topics of the Course:

1. Fixed Income Markets
2. Pricing Bonds
3. Term Structure
4. Interest Rate Risk
5. Callable Bonds, Warrants, and Convertible Bonds
6. Credit Risk
7. Securitization

Art der Leistungskontrolle und erlaubte Hilfsmittel

The grade will be based on two exams on December, 15, and January 19, and active class participation.

The course will be taught via video conferencing with the exception of the exams. The exams will take place on Moodle.

Mindestanforderungen und Beurteilungsmaßstab

40% maximum of the scores on the first and the second exam
40% second exam
20% active class participation

Minimum requirement for a positive grade: a total of 50%.


All material covered in class and in the required readings announced in class


Bodie, Z., Kane, A. and Marcus, A. (2014): Investments and Portfolio Management, 10th global edition, McGraw Hill.
Sundaresan, S. (2009): Fixed Income Markets and their Derivatives, 3rd edition, Academic Press.
Veronesi, P. (2010): Fixed Income Securities, Wiley.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Fr 12.05.2023 00:12