Différences

Ci-dessous, les différences entre deux révisions de la page.

--- en:ddefifina2022 [2025/07/24 15:13] – [Learning outcomes] cpouet
+++ en:ddefifina2022 [2025/09/02 11:30] (Version actuelle) – [Brief description] cpouet
@@ Ligne 5: / Ligne 5: @@
   * Title in French: Finance
   * Course code: tba
-  * ECTS credits: 8
+  * ECTS credits: 4
   * Type: advanced course
   * Semester 9 (Fall-Winter)
@@ Ligne 12: / Ligne 12: @@
   * Language of instruction: English
   * Coordinator: tba
-  * Instructor(s): Grégoire Hug (WeeFin), Réda Rahal (BNP Paribas), Julien Belon (Arx Corporate Finance), Vincent Bonnamy (La Banque Postal Asset Management)
+  * Instructor(s): Grégoire Hug (WeeFin), Réda Rahal (BNP Paribas), Julien Belon (Arx Corporate Finance), Vincent Bonnamy (La Banque Postale Asset Management), , Sitraka Forler (Post Luxembourg), Lirone Samoun (smartpush)
-  * //Last update 04/07/2022 by C. Pouet//
+  * //Last update 02/09/2025 by C. Pouet//
 ==== Brief description ====
@@ Ligne 20: / Ligne 20: @@
 This course unit is divided into four parts:
   * ** Portfolio management ** (24 hours) taught by Grégoire Hug.
-  * **  Financial risk management ** (24 hours) taught by Réda Rahal: this part is dedicated to credit risk and its role in banking regulation.
+  * **  Financial risk modelling ** (24 hours) taught by Réda Rahal: this part is dedicated to credit risk and its role in banking regulation.
   * **Applied finance ** (24 hours) taught by Julien Belon and Vincent Bonnamy: this part is about the theoretical aspects of corporate and market finance applied in real life.
-  * **Data Project: data sources and preprocessing** (20 hours) taught by tba.
+  * **Data Project: data sources and preprocessing** (20 hours) taught by Sitraka Forler and Lirone Samoun.
 ==== Learning outcomes ====
@@ Ligne 78: / Ligne 78: @@
     - Crypto funds
-===  Financial risk management ====
+===  Financial risk modelling ====
   - Introduction: bonds and OTC transactions
   - Modeling defaults: structural models and ratings
-  - Structured financing: plain-vanilla, asset financing, securitization etc.
+  - Banking regulation on credit risk; market and counterparty credit risk
-  - Banking regulation on credit risk
+  - Overview of the VaR methodologies and pros/cons for each
+  - Monte-Carlo techniques applied in Finance
 === Applied finance ===
@@ Ligne 101: / Ligne 102: @@
 Tba
 ==== Bibliography ====
-You can check the availability of the books below at [[https://documentation.centrale-marseille.fr/|Centrale Méditerranée library]].
+You can check the availability of the books below at [[https://www.centrale-mediterranee.fr/fr/centredoc|Centrale Méditerranée library]].
   - Portfolio management
     * Portait, R. and Poncet, P. (2014). Market Finance.
@@ Ligne 107: / Ligne 108: @@
     * Hull, J. (2021). Options, Futures & Other Derivatives. 11th Edition. Pearson.
   -  Financial risk management
-    * Gourieroux C. and Tiomo, A. (2007) Risque de crédit : une approche avancée, Economica.
+    * Jorion, P. (2006). Value at Risk: The New Benchmark for Managing Financial Risk, 3rd Edition. McGraw Hill
-    * Merton R. (1998) Continuous time finance, Blackwell Publishers.
+    * Gregory, J. (2015). The xVA Challenge: Counterparty Credit Risk, Funding, Collateral, and Capital.  ‎ Wiley.
-    * Bruyere R., Cont R., Fery L., Jaeck C. and Spitz T.  (2005). Credit derivatives, Wiley.
     * Roncalli T. (2016). Risk Management & Financial Regulation ([[http://thierry-roncalli.com|website]])
   - Applied finance