Mark Twain famously said: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so." This famous quote shines light on to the fact how important it is to make sure your own beliefs do not take you to a road where you become overly confident about them. We are human beings, we all have behavioral (and many other types of ) biases. The first step is making ourselves aware of these tendencies in order to become better decision makers not only when it comes to financial markets and investments but in general as well. Gain insights into how markets and market players tend to interpret and react to information, and more importantly, into the widely prevailing behavioral biases that result in bad decision making when it comes to investments or management decisions. Beyond the theoretical concepts, we are going to go thorugh real world examples to demonstrate the impact of the behavioral biases. COURSE OVERVIEW 1) Information & Markets 2) Rational Investors & CAPM 3) Market Efficiency 4) Market Inefficiency 5) Risk Aversion vs. Loss Aversion 6) Games 7) Biases & Market Anomalies 8) Corporate Management

You will have a chance to take a deep dive into the world of options through understanding their fundamental concepts, underlying business motives and more technical aspects as well, such as pricing, greeks and hedging. Beyond the technicalities, the main purpose of this course is the give an intuitive understanding on how options work and how the different market participants use them. COURSE OVERVIEW 1) Options Intro (definition, motives, necessary terms) 2) Call Options Intro (payoff function, intrinsic value, time value) 3) Put Options Intro (payoff function, intrinsic value, time value) 4) Option Pricing with Black-Scholes 5) Option Greeks and their economic interpretation 6) Volatility & Volatility surface 7) Hedging Strategies (convexity, concavity, delta hedging) 8) Option Strategies & Greeks

Develop a strong fundamental understanding and necessary numerical skills related to any of the asset classes and financial instruments listed below through learning about their main characteristics, economic purpose, and pricing methods. COURSE OVERVIEW Fixed Income - Zero Coupon Bonds - Coupon Bearing Bonds - Yield Curve - Duration, Modified Duration - Floating Rate Notes Stocks - Ordinary Shares - Preferred Shares - Treasury Shares - Share Buybacks - Rights Issues Funds - Mutual Funds - ETFs - Hedge Funds - Private Equity Funds - Money Market Funds - Fund of Funds FX & Currencies - Floating vs. Fixed Exchange Rates - Interest Rate Parities (Covered, Uncovered) - Nominal and Real Exchange Rates Derivatives - Forwards - Futures (Commdities & FX) - Options (vanilla) - Interest Rate Swaps