Courses
MATH7740 Credit Risk (4 units)
- Medium of Instruction:
- English
This course will give an introduction into the concept of default risk and credit risk-related securities. For better economic development, credit rankings, default prediction and credit scoring models will be covered. Other types of instruments such as corporate bonds, yield spreads and credit derivatives will be taught. Default risk pricing models and market default modes such as the KMV model will be discussed.