1. Financial innovations - the principle of financial engineering, new financial products
2. Principles of asset securitization - basic concept of securitization, basic terminology
3. Securitization process - process of creation of securitized products, types of underlying assets
4. Market participants in securitized products - originator, servicer, SPE, investors, brokers, state agencies
5. Residential mortgages - the characteristics of mortgage loans, mortgage market, standards of state agencies, types of mortgage loans according to credit quality
6. Securitization of residential mortgage loans (MBS) - prime and subprime mortgages, agency MBS, pass-through securitized products, prepayment risk
7. Tranching, collateralized mortgage obligations (CMO) - cash flow tranching and redistribution, CMO structure
8. Asset-Backed Securitized Products (ABS) - underlying assets of ABS products, credit risk, payment waterfall
9. Importance of securitization and current trends - causes of financial crisis, current trends in securitization
10. The role of rating agencies in capital markets - the essence and process of rating evaluation, characteristics of rating agencies
11. Regulation and current trends in rating industry - current trends in the regulation of rating agencies and the development of the rating market
12. Fundamentals of alternative investment - the definition of alternative investments and the importance of alternative investment
13. Characteristics and types of alternative investments - real assets, hedge funds, private equity
14. Investing in real assets - benefits, risk and ways of investing in natural resources, commodities, real estate and land
2. Principles of asset securitization - basic concept of securitization, basic terminology
3. Securitization process - process of creation of securitized products, types of underlying assets
4. Market participants in securitized products - originator, servicer, SPE, investors, brokers, state agencies
5. Residential mortgages - the characteristics of mortgage loans, mortgage market, standards of state agencies, types of mortgage loans according to credit quality
6. Securitization of residential mortgage loans (MBS) - prime and subprime mortgages, agency MBS, pass-through securitized products, prepayment risk
7. Tranching, collateralized mortgage obligations (CMO) - cash flow tranching and redistribution, CMO structure
8. Asset-Backed Securitized Products (ABS) - underlying assets of ABS products, credit risk, payment waterfall
9. Importance of securitization and current trends - causes of financial crisis, current trends in securitization
10. The role of rating agencies in capital markets - the essence and process of rating evaluation, characteristics of rating agencies
11. Regulation and current trends in rating industry - current trends in the regulation of rating agencies and the development of the rating market
12. Fundamentals of alternative investment - the definition of alternative investments and the importance of alternative investment
13. Characteristics and types of alternative investments - real assets, hedge funds, private equity
14. Investing in real assets - benefits, risk and ways of investing in natural resources, commodities, real estate and land