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.
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.
Analysis of Fixed Income Securities covers fixed income securities and derivatives, asset-backed/mortgage-backed securities, pricing and portfolio strategies, and term structure models.
Recent recorded grades — Spring 2024: 3.75 GPA, 78.6% A/AB (n=14 letter grades); Spring 2025: 3.31 GPA, 53.8% A/AB (n=26 letter grades); Spring 2026: 3.57 GPA, 71.4% A/AB (n=7 letter grades). Includes jointly taught sections.
Recent recorded grades — Spring 2018: 3.00 GPA, 0.0% A/AB (n=6 letter grades); Spring 2022: 3.00 GPA, 0.0% A/AB (n=4 letter grades); Spring 2025: 3.56 GPA, 77.8% A/AB (n=9 letter grades).