This course describes some of the main strategies used by hedge funds and proprietary traders and provides a methodology to analyze them. In class and through exercises and projects, the strategies are illustrated using real data, and students learn to use "backtesting" to evaluate a strategy. The class also covers institutional issues related to structuring, trading, liquidity, funding, risk management, and performance measurement. The class is quantitative. As a result of the advanced techniques used in state-of-the-art hedge funds, the class requires the students to work independently, analyze and manipulate real data, and use mathematical modeling.
FNCE7450 - Hedge Funds
This course describes some of the main strategies used by hedge funds and proprietary traders and provides a methodology to analyze them. In class and through exercises and projects, the strategies are illustrated using real data, and students learn to use "backtesting" to evaluate a strategy. The class also covers institutional issues related to structuring, trading, liquidity, funding, risk management, and performance measurement. The class is quantitative. As a result of the advanced techniques used in state-of-the-art hedge funds, the class requires the students to work independently, analyze and manipulate real data, and use mathematical modeling.