About this Course
4.6
1,414 ratings
261 reviews
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 31 hours to complete

Suggested: 12 hours videos and quizzes...
Available languages

English

Subtitles: English...

Skills you will gain

PricingFinancial ModelingFinancial RiskFinancial Engineering
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 31 hours to complete

Suggested: 12 hours videos and quizzes...
Available languages

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Hours to complete
29 minutes to complete

Course Overview

An introduction to the course....
Reading
1 video (Total 9 min), 2 readings
Video1 video
Reading2 readings
Course Overview10m
About Us10m
Week
2
Hours to complete
2 hours to complete

Introduction to Basic Fixed Income Securities

Review of interest and basic fixed income securities; introduction to arbitrage pricing. ...
Reading
4 videos (Total 70 min), 2 readings, 1 quiz
Video4 videos
Interest Rates and Fixed Income Instruments21m
Floating Rate Bonds and Term Structure of Interest Rates21m
Forward Contracts13m
Reading2 readings
Lesson Supplements10m
Lesson Supplements10m
Quiz1 practice exercise
Introduction to Basic Fixed Income Securities14m
Week
3
Hours to complete
2 hours to complete

Introduction to Derivative Securities

The mechanics of forwards, futures, swaps and options. Option pricing in the 1-period binomial model....
Reading
7 videos (Total 99 min), 2 readings, 1 quiz
Video7 videos
Futures 17m
Futures Excel7m
Options17m
Options Pricing13m
The 1-Period Binomial Model12m
Option Pricing in the 1-Period Binomial Model20m
Reading2 readings
Lesson Supplements10m
Lesson Supplements10m
Quiz1 practice exercise
Introduction to Derivative Securities12m
Week
4
Hours to complete
2 hours to complete

Option Pricing in the Multi-Period Binomial Model

Derivatives pricing in the binomial model including European and American options; handling dividends; pricing forwards and futures; convergence of the binomial model to Black-Scholes....
Reading
8 videos (Total 95 min), 2 readings, 1 quiz
Video8 videos
What’s Going On?12m
Pricing American Options11m
Replicating Strategies16m
Including Dividends8m
Pricing Forwards and Futures in the Binomial Model11m
The Black-Scholes Model11m
An Example: Pricing a European Put on a Futures Contract6m
Reading2 readings
Lesson Supplements10m
Quiz Instructions10m
Quiz1 practice exercise
Option Pricing in the Multi-Period Binomial Model16m
4.6
Career direction

33%

started a new career after completing these courses
Career Benefit

83%

got a tangible career benefit from this course

Top Reviews

By MMJul 12th 2017

I appreciate how this course not only discusses the concepts in technical detail, but actually delves into the mathematics of the subject matter, and teaches how to actually do the actual work inv

By NTJan 20th 2017

This course is amazing. The structure is very clear and coherent. It is very mathematically focused and the models are interesting. I would always recommend this course to my colleagues.

Instructors

Avatar

Martin Haugh

Co-Director, Center for Financial Engineering
Industrial Engineering & Operations Research
Avatar

Garud Iyengar

Professor
Industrial Engineering and Operations Research Department

About Columbia University

For more than 250 years, Columbia has been a leader in higher education in the nation and around the world. At the core of our wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.