Derivative Securities Workshop – IREVNA, Chennai

19th and 20th aug

One of the most powerful assets that BIM has built up over the 22 years of its existence has been its alumni network. The alumni family by bringing in its valuable inputs helps in realizing the goals of the institute - the creation, application and dissemination of management knowledge.

Mr. Ragav Bala an 18th batch alumnus (Manager, IREVNA Research services ltd.,) who along with his team from IREVNA Research Services Limited were in campus to conduct a two day workshop on Derivative Securities.

On day 1, Mr.Samoj Panicker (Manager, IREVNA Research services Ltd.) took us into the world of Credit Derivatives and its linkage to the concept of Securitization. Topics covered during his session were Credit Derivative instruments like Credit Default Swaps, Total Return Swaps, Synthetic Financing, Credit Default Options and Collateralized Debt Obligations.

Day 2 saw Mr.Rajiv Kumar (Manager, IREVNA Research services Ltd.,) dealing with more of models like the Black-Scholes Model of Option pricing and also discussed the effects of volatility on the Option pricing. Valuation of Options with Monte Carlo simulation was another highlight of his session.

Concluding the workshops the industry experts expressed their views on Invest Banking and Equity research as a career choice. Students stand to gain a lot from the two days of learning from the industry experts from IREVNA.