Gesamtliste
Überblick über die Lehrinhalte und Qualifikationsziele der Module und Veranstaltungen
Diese Seite zeigt alle Module, die sich aktuell im System befinden. Für jedes Modul werden Lehrinhalte und Lernziele ausgegeben. Bitte suchen Sie mit der Suchfunktion ihres Browsers (Strg + F) nach den Namen des Moduls bzw. der Veranstaltung im Modul zu der Sie Informationen benötigen und klicken Sie dann auf den Link zum Modul. Die darauffolgende Seite enthält alle Informationen zu den Inhalten einer Veranstaltungen die Sie für eine Anerkennung benötigen sollten. Sollte die Institution weitere Informationen benötigen, nutzen Sie bitte zusätzlichen die Seiten der einzelnen Lehrstühle und dort den Bereich „Studium“.
Module (6 Credits)
Structuring and Valuation
- Name in diploma supplement
- Structuring and Valuation
- Responsible
- Admission criteria
- See exam regulations.
- Workload
- 180 hours of student workload, in detail:
- Attendance: 60 hours
- Preparation, follow up: 60 hours
- Exam preparation: 60 hours
- Duration
- The module takes 1 semester(s).
- Qualification Targets
Students
- analyze current problems in the field of energy trading.
- understand complex quantitative techniques and apply them to analyze the structures of financial contracts and physical assets frequently used in energy markets.
- are able to evaluate the risk attended by such contracts and to explain it to non-experts.
- are able to critically discuss and interpret model results as well as to extend models.
- are able to implement the introduced models in a common programming language (e.g. Python)
- Relevance
The models discussed and the quantitative techniques used are common standard and frequently used in financial institutions and the energy industry.
- Module Exam
Written exam (generally 60-90 minutes).
- Usage in different degree programs
- Elements
Lecture (3 Credits)
Structuring and Valuation
- Name in diploma supplement
- Lecture Structuring and Valuation
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- summer semester
- Participants at most
- no limit
- Preliminary knowledge
Good knowledge in statistics and econometrics.
Detailed knowledge of energy markets and frequently used quantitative models.
- Abstract
Principles of risk management in energy markets (risk positions, risk measures), analysis of transactions in energy markets (volatilities, correlations), structured products, principals of emissions trading, credit risk.
- Contents
- Spot and forwad price modeling in energy markets
- Valuation of derivatives
- Risk positions and risk measures
- Modeling volatility and correlation in cross-commodity positions
- Analysis and discussion of emission markets
- Literature
- Burger, M., Graeber, B. and Schindlmayr, G.: Managing Energy Risk: An Integrated View on Power and Other Energy Markets, JohnWiley & Sons, 2007.
- Kaminiski, V.: Energy Markets, RISK books, 2013
- Eydeland, A. and Wolyniec, K.: Energy and Power Risk Management, JohnWiley & Sons, 2003.
- Geman, H.: Commodities and Commodity Derivatives, JohnWiley&Sons, 2005.
- James, T. and Fusaro, P.C.: Energy and Emissions Markets , JohnWiley & Sons, 2006.
- Teaching concept
Presentation, discussion
- Participants
Exercise (3 Credits)
Structuring and Valuation
- Name in diploma supplement
- Exercises Structuring and Valuation
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- summer semester
- Participants at most
- no limit
- Preliminary knowledge
Good knowledge in statistics and econometrics.
Detailed knowledge of energy markets and frequently used quantitative models.
- Abstract
See lecture.
- Contents
Recap, discuss, apply and deepen topics covered during the lecture with the help of scientific papers, practical applications and training exercises. Improve theoretical knowledge as well as applied research skills.
- Literature
See lecture.
- Teaching concept
Presentation, discussion
- Participants
Aus Gründen der Performance und Übersichtlichkeit wird an dieser Stelle auf die Titel und vollständigen Namen der Dozenten verzichtet und es werden nur die Nachnamen ausgegeben. Die unterschiedlichen Titel der zugehörigen Dozenten sind den Bereitstellern und Nutzern dieser Listen bekannt und bewusst.