Teaching

Financial Institutions Risk Management (MBA/MS)

This course covers the basics of the theory and practice of risk management in financial institutions. Based on numerous case studies, we discuss measures and hedges for interest rate risk, market risk, individual and portfolio credit risk, securitization and liquidity risk.

Theory of Finance (PhD)

This course provides an introduction to financial economics. Its main objective is to rigorously develop the theoretical foundation of financial markets. We focus on two central issues: uncertainty and dynamics. We also introduce various frictions considered important in financial markets: incomplete market, asymmetric information, and search/match.