Financial derivatives: European, American, exotic. No-arbitrage principle. Risk-neutral measurement. Derivatives pricing. Black-Scholes formula. Bonds. Hedging. Risk rating agencies. Value at Risk (VaR). Models and pricing of interest rate, exchange rate and commodity derivatives. Credit Risk Derivatives. Introduction to Real Options. Introduction to stochastic volatility models.


References:
HULL, J. – Options, Futures, and Other Derivatives. Prentice Hall (9th Edition) 2014.