Courses Master Display 2025-2026
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| Course title | Fixed Income Management | |||||||||||||||||||||||||||||||||||||||
| Course code | EBC4058 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 6,5 | |||||||||||||||||||||||||||||||||||||||
| Assessment | Whole/Half Grades | |||||||||||||||||||||||||||||||||||||||
| Period |
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| Level | Advanced | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Marlene Koch For more information: marlene.koch@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
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| Description |
Fixed income is one of the most important asset classes for institutional investors. For example, more than 50% of the investment portfolios of most Dutch pension funds are composed of fixed income-related instruments and most US firms use fixed income instruments as their biggest source of external funding.
Thus, thoroughly understanding fixed income instruments is essential for everyone in the finance industry. This course will provide the tools to assess and manage fixed income portfolios effectively. Therefore, we will cover, among others, the following topics: risk and return characteristics of bonds, term structure models, fixed income derivatives, fixed income portfolio management, and mortgage-backed securities. |
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| Literature |
* Sundaresan, S. (2009). “Fixed Income Markets and Their Derivatives,” 3rd Edition, Academic Press (selected chapters)
* Petitt, B. S. (2019). “Fixed Income Analysis,” 4th Edition, John Wiley & Sons Inc. (selected chapters) * Harvard Business Cases * Academic papers/additional literature will be provided throughout the course |
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| Prerequisites |
Courses and workload are very demanding for all Financial Economics Master courses. Exchange students need to have obtained a Bachelor degree in economics or business administration. Exchange students need to major in finance in their Master. A sufficient interest in quantitative methods is essential.
An advanced level of English |
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| Teaching methods (indicative; course manual is definitive) | PBL / Presentation / Lecture / Assignment / Papers / Groupwork | |||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Attendance / Written Exam / Assignment | |||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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