### Derrick Lewis

Former Managing Director, IFS, Inc.

Skip to main content
#
Introduction to Credit Derivatives

## About This Course

## Prerequisites

## Course Staff

### Derrick Lewis

## Frequently Asked Questions

### Do I need to buy a textbook?

### Does this course use any calculus?

The course provides an introduction to credit derivatives.

It covers the following topics:

- The general concept of a derivative
- How derivatives are useful
- The basic concept of hedging
- Basic types of credit derivatives
- Credit Default Swaps
- Total Rate of Return Swaps
- Collateralized Debt Obligations
- Risks associated with derivatives

This courses requires:

- High school mathematics
- A basic understanding of economics
- A basic understanding of equity securities
- A basic understanding of fixed income securities
- A basic understanding of the time value of money
- A basic understanding of financial credit risk

Former Managing Director, IFS, Inc.

No.

No, it relies on basic mathematics, including algebra, probability, and statistics.