Spring 2027

Fixed Income Securities

Analysis of fixed income and bond markets, introducing tools for evaluating, trading, and hedging portfolios of fixed income securities with a focus on government bonds and derivatives.

offering recorded3 credits
Recorded instructors · Spring 2027 Ivan Shaliastovich

Summary

1 / 3

Recent recorded grades — Spring 2025: 3.46 GPA, 64.0% A/AB (n=25 letter grades); Fall 2025: 3.69 GPA, 84.6% A/AB (n=26 letter grades); Spring 2026: 3.36 GPA, 57.5% A/AB (n=40 letter grades).

What you’ll be able to do

  • Apply the mathematics of fixed income markets.

  • Utilize appropriate tools and techniques, including various measures of duration and convexity, to make decisions about trading and hedging portfolios of fixed income securities.

  • Explain the structure and uses of fixed income derivative instruments, including options, forwards and swaps.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

FINANCE/​ECON 300, (MATH 213, 222, or 276) and (GEN BUS 307, 656,ACT SCI 654, 655,ECON 400, 410,STAT/​MATH 310,STAT 312, or333 or concurrent enrollment); or declared in undergraduate Business Exchange program

FINANCE 340

This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

Recent recorded grades — Spring 2024: 3.73 GPA, 86.4% A/AB (n=22 letter grades); Spring 2025: 3.46 GPA, 64.0% A/AB (n=25 letter grades); Spring 2026: 3.36 GPA, 57.5% A/AB (n=40 letter grades). Includes jointly taught sections.

Historical instructors & teaching patterns

IVAN SHALIASTOVICH is recorded teaching in Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2022, Spring 2024, Spring 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 300
LEC 002Classroom Instruction0 / 300

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Recent recorded grades — Spring 2025: 3.46 GPA, 64.0% A/AB (n=25 letter grades); Fall 2025: 3.69 GPA, 84.6% A/AB (n=26 letter grades); Spring 2026: 3.36 GPA, 57.5% A/AB (n=40 letter grades).

difficulty & workload

No workload feedback recorded.

Topics

  • Government bonds and derivative securities
  • Trading strategies for mis-priced securities
  • Measuring and minimizing portfolio risk
  • Repo financing, mortgage markets, and corporate bond default risk

Skills

  • Applying mathematical methods to price bonds in fixed income markets
  • Using duration and convexity to trade and hedge fixed income portfolios
  • Explaining the structure and use of fixed income derivatives like options, forwards, and swaps

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1280 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Download part 1
Selected offering source records
FINANCE 340 · Spring 2027

Fixed Income Securities

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:233:024384",
    "course_id": "FINANCE 340",
    "course_uid": "course_d34765cb35457495176334ed",
    "term_id": "1274",
    "source_course_id": "024384",
    "source_subject_id": "233",
    "title": "Fixed Income Securities",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Fall, Spring"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews

No records available.

Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "9d12ac9f936f656fb7e689d53da0ef52f7bb432d886b11baa3d31ec923338411",
  "requirements_status": "needs_review",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}