Objectives of the Course
Brief outline         click here for detailed outline
	Structured finance and securitisation
	Credit Risk transfer devices and credit derivatives
	Off balance sheet finance, asset based finance
	REITs, securitites arbitrage conduits, ABCP conduits and similar vehicles
	Risk, value at risk, economic capital and Basle II
	Hedge funds and alternative investment vehicles: meaning of hedge funds. Hedge fund strategies. Hedge fund performance measures. Major investments of hedge funds. Hedge fund activity in the World. Evaluation of hedge funds. Management of hedge funds. Some specific types of hedge funds. Hedge fund risks and returns. Securities arbitrage vehicles, asset backed commercial paper conduits and other conduits
	Issues in management of financial institutions: Selected issues in management of banks and financial institutions. Risk management in financial institutions. Value at Risk (VAR), RaROC and economic capital.

• course contents were superb, would have liked more details time permitting.
  it is sad that where most of us (students) get placed (India, and
  largely non fin sectors), we hardly get anywhere close to such
  concepts. - Samit Panchal
• I would like to state upfront that your course is very valuable.
  For me it has become more useful as I am currently involved in structuring. -Hitech G
• First of all thanks a ton for such a
  wonderful course, it's a blessing for IIMC students to have you there. No other B school's courses cover the topics that we did and that too with a very good level of understanding. I was thinking to give you a feedback on my own a few weeks back. While we were having our induction for Credit department, I was surprised to know that no other students and also the senior most people from Credit knew the depth and width of the instruments that I did. On asking, I told them that I have been taught by you at IIMC, they were obviously impressed knowing the same- Saurabh Maloo
• I had taken the course last time, and throughly enjoyed the course. THough
  I am not working with the Credit Derivative desk here, I have talked to a
  couple of people working in that desk, and also to some of the students
  from other institutes- Samrat Ghosh
• I would like to tell you that your course "Topics in finance and
  taxation" was a very good course. Though I have not been using much of the concepts,I
  know my friends who have joined Indian banks and a few of them in foreign banks have
  been using the concepts a lot. - Mahesh Joshi
• I am a 38th batcher from IIM Calcutta, and passed out in 2003. I have had a chance to read your book on Asset Securitization and also glance through your website in some detail. Could I get an access to your course material on the subject, Topics in Finance and Taxation, the title sounds exotic enough for me to probe further. - Ashish Shah
• The major take away from the course is the exposure to the various instruments it provided. Now, I feel comfortable with the terminology and am able to reason the market better- Sandeep Muthangi
• I am Soumyajit Ray Chaudhuri and I took your course on TFT. Regarding the content, though it was very good and exhaustive- Saumyajit Raychaudhuri
  

Vinod Kothari's Securitisation: The Financial Instrument of the New Millennium

November 2003 edition