Theory of Interest and Applications

Lecture, three hours; discussion, one hour. Requisite: course 32B. Types of interest, time value of money, annuities and similar contracts, loans, bonds, portfolios and general cash flows, rate of return, term structure of interest rates, duration, convexity and immunization, interest rate swaps, financial derivatives, forwards, futures, and options. Letter grading.

Review Summary

Clarity
10.0 / 10
Organization
8.3 / 10
Time
5-10 hrs/week
Overall
10.0 / 10

Reviews

    Quarter Taken: Spring 2022 In-Person
    Grade: A

    Professor Ozel is an incredible professor, one of the best and most caring ones out there. His lectures are very thorough, and he takes time to answer questions and walk students through problems, so I felt very prepared, since a lot of the problems we do are similar to the exams. When the students didn’t do so well on the midterm, he promised to curve the class up, which was definitely a plus, but he also increased the amount of homework. The final was also open notes (not sure if he will continue with this.) Overall, 10/10 would recommend.

Course

Instructor
Enes Ozel
Previously taught
22S 21F 21S 20Su 19F 19Su 19S 18F

Grading Information

  • No group projects

  • Attendance not required

  • 1 midterm

  • Finals week final

  • 100% recommend the textbook