The major purpose of this
course is to help students
develop research projects on
structure finance related
topics. The topics will
cover the related topics of
structure financeand,
including a rerview of the
content of structure finance
and related researches. The
course is organized into
three parts. The first part
is an overview, which
includes a brief
introduction of the essences
of project finance, real
estate finance, and asset
securitization. The
overview will take around
one third of the course to
provide background knowledge
and possible research
extensions and is mainly in
the form of lectures and
discussion. The second part
is a review of related
researchs include pricing of
structure financing products
such as the mortgage-backed
securities pricing, interest
rate models, CDO pricing and
REITs pricing. The second
part will be held in the
form of student presentation
and discussion. The third
part will be a project
proposal presentation by
class participants. No
class sitting-in (旁聽) is
allowed without permission.