Credit Derivatives: Analyze, Price & Apply

By completing this course, learners will be able to explain the fundamentals of structured finance, evaluate credit risk, analyze the mechanics of credit default swaps (CDS), and apply pricing and probability models to assess default exposures. They will also differentiate among advanced instruments such as credit-linked notes, asset swaps, and total return swaps, while interpreting joint default probabilities to understand systemic risk. Finally, learners will apply computational models, recovery rates, and pricing methods to credit derivatives in practice. This course provides a unique blend of theory and application, guiding learners from the foundations of structured finance to advanced credit derivative instruments. Unlike traditional finance courses, it integrates practical computation with real-world case applications, offering insights into both risk transfer and portfolio management. Learners will benefit from structured progression—starting with fundamentals, moving through advanced applications, and concluding with computational practice—ensuring a comprehensive mastery of credit derivatives. Whether you are a finance student, risk manager, or investment professional, this course equips you with the tools to analyze, price, and apply credit derivatives in today’s financial markets

• Explain structured finance fundamentals and credit risk concepts
• Analyze and price CDS, swaps, and credit-linked instruments
• Apply probability models and recovery rates to assess defaults

• No deep prior experience is required, but basic computer and internet skills are helpful
• Ability to read course instructions in English and complete short practice activities