Overview

This unit introduces you to a range of advanced, current techniques used in analysing financial data. Topics covered include the analysis of the time series and distributional features of financial data; the use of stochastic volatility and realised volatility models to capture time-varying volatility, including long memory in volatility; the … For more content click the Read More button below.

Offerings

S2-01-CAULFIELD-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Professor Heather Anderson

Learning outcomes

On successful completion of this unit, you should be able to:
1.

critically evaluate alternative methods of modelling asset return volatility

2.

explain the role of volatility modelling in the measurement of risk and in the pricing of financial derivatives

3.

describe the role of continuous time stochastic processes in the pricing of financial derivatives

4.

evaluate econometric models for high frequency data

5.

evaluate the use of generalised method of moments in financial models.

Teaching approach

Active learning

Assessment

1 - Within semester
2 - Examination

Scheduled and non-scheduled teaching activities

Workshops

Workload requirements

Workload

Learning resources

Required resources
Technology resources

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $100