Monte Carlo Simulation for Finance
Accounting & Finance
SGD 1,080
(SGD 124 after MAX Funding)
TBC
NUS Business School
Basic
Overview
Understand the impact of risk and uncertainty in finance with Monte Carlo Simulation
The Monte Carlo simulation is a widely used statistical simulation to deal with risks and probabilities. This course aims to get students familiar with the applications of Monte Carlo methods on the valuation of projects/firms, the pricing of financial derivatives, and the structuring of wealth management solutions.
We cover the basic principles of the Monte Carlo methods, the generation of different probability distributions, the simulation of possible outcomes, and the actionable insights from these simulation results.
Topics covered:
- Introduction to Monte Carlo simulation
- Modeling uncertainties (e.g., throwing dice)
- Predicting future scenarios (e.g., asset prices, cash flows)
- Pricing financial derivatives (e.g., plain vanilla options)
- Modeling capital budgeting decisions (e.g., project financing)
- Modeling wealth management solutions (e.g., portfolio optimization)
Who Should Attend
Fund Manager; Investment Research Analyst; Financial Analyst; Asset Manager; Credit Analyst; Risk Manager; Individuals interested in Monte Carlo Simulation for Finance
Application Procedure & Deadline
Participants are strongly advised to apply at least 2 weeks in advance.
Pre-Requisites
None
Fees & Funding
| Self-Sponsored | SME (ETSS Scheme) Company-Sponsored |
Non-SME Company-Sponsored |
|
| Course Fees | S$1,080.00 | S$1,080.00 | S$1,080.00 |
| Singapore Citizens & PRs aged 21 years and above | S$324.00 | S$124.00 | S$324.00 |
| Singapore Citizens aged 40 years and above (MCES Scheme) | S$124.00 | S$124.00 | S$124.00 |
The above prices are quoted in Singapore dollars (SGD), inclusive of 8% GST.
Faculty
LEE, Yen Teik
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