### Upcoming Events

29Mar

03/29/2018 3:30 pm - 4:30 pm

Combinatorial and Commutative Algebra Seminar - Speaker: Anand Patel
## New Course: Math 6590.351

**Available Spring 2015**

Math 6590.351, Topics in Credit Risk, taught by Professor Li:

1. Structural Models of Credit Risk

2. Empirical Analysis in Structural models

3. Reduced Form Models of Credit Risk

4. Credit Spread Puzzle

5. Credit-Default Swaps, Bond spread and liquidity

6. Recovery rates and equity returns

7. Liquidity and its role in credit risk

8. Correlated Default and subprime crisis

Prerequisites: Basic probability and stochastics, and basic asset pricing knowledge. (It is better to have Math 5473.)