1. GLOBAL STANDARD IN FINANCIAL ENGINEERING cqf.com
Alumni Lectures CERTIFICATE IN
FINANCE
and Masterclasses CQF
Alumni Lectures
The Alumni Lectures are the biggest component of Lifelong Learning and contains a library of over 500 hours
of lectures on every conceivable finance subject. Delivered by some of the most eminent practitioners and
academics, the content is ever expanding as additional lectures continually take place. When you start the CQF
they are offered to you at no extra cost, in perpetuity.
Please see below for a selection of the Alumni Lectures:
Credit Exotic Options (Paul Wilmott)
Recent Developments in Credit Risk (Wim Schoutens) Advanced Equity Models: Pricing, Calibration and Monte Carlo
Modeling and Measuring Sovereign Credit Risk (Ephraim Clark) Simulation (Wim Schoutens)
Copulas: Applications to the Pricing of Credit Derivatives (Seb Lleo) Repo Rates and Short Selling Restrictions (Paul Wilmott)
The Pricing of CDO’s Using Levy Copulas (Wim Schoutens) The Life of a Fundamental Analyst (Anneke Minnema)
Jumps in Credit Risk Modeling and Intensity Models: Theory,
Calibration, Pricing (Wim Schoutens) Fixed Income
CDS Pricing: Market Approach (Moorad Choudhry) Black 76 (Espen Haug)
Synthetic CDO Note Pricing (Moorad Choudhry) The Market Price of Risk (Paul Wilmott)
Copula and Implementing CDO Pricing (Siyi Zhou) Managing Smile Risk (Pat Hagan)
CDOs, Correlation Products and Dangers Therein (Paul Wilmott) Advanced BGM (Peter Jaeckel)
Copulas and CDO Implementation (Siyi Zhou) The Heath, Jarrow and Morton Model (Paul Wilmott)
Correlation Sensitivity and State Dependence (Paul Wilmott Probabilistic Methods for Interest Rates (Seb Lleo)
and Siyi Zhou) Fixed Income Modelling (Lecture IV) (Claudio Albenese)
Structural Models (Alonso Pena) Fixed Income Modelling (Lecture III) (Claudio Albenese)
Intensity Models (Siyi Zhou) Fixed Income Modelling (Lecture II) (Claudio Albenese)
Introduction to Credit Derivatives (Moorad Choudhry) Fixed Income Modelling (Lecture I) (Claudio Albenese)
Credit Default Swaps (Alonso Pena)
Advanced Credit Derivatives (Seb Lleo) Risk Management
Understanding the Financial Markets in the Subprime Era
Equity (Bill Ziemba)
Convertible Bonds (Paul Wilmott) Classic Quant Mistakes (Paul Wilmott)
The Feedback Effect of Hedging in Illiquid Markets (Paul Wilmott) Long Short Portfolio Optimization Under Mean-Variance-CVaR
Dividend Modeling and Option Pricing (Some Practitioners’ Framework (Gautam Mitra)
Models and a New Model) (Ralf Korn) Validation of Derivatives Pricing Models (Dario Cziraky)
Ten Ways to Derive Black-Scholes (Paul Wilmott) Trading Derivatives: Real Markets, Real Model, Real Smiles
Pricing a Class of Options via Moments and SDP Relaxations (Nasir Afaf)
(Milhail Zervos) Scenarios and Risk Control for Hedge Funds (Bill Ziemba)
How to Hedge (Paul Wilmott) The Scandal of Prediction (audio only) (Nassim Nicholas Taleb)
Multi-Asset Options (Paul Wilmott) That’s No Way to Run an Economy (Aaron Brown)
Miscellaneous Options (Paul Wilmott) Infinite Variance (Seb Lleo)
Lookback Options (Paul Wilmott) CrashMetrics (Paul Wilmott)
Asian Options (Paul Wilmott)
Strongly Path Dependent Options (Paul Wilmott) Trading
Barrier Options (Paul Wilmott) A Market Impact Model that Works (Dan di Bartolomeo)
Black-Scholes Model (Paul Wilmott) Optimal Execution of Portfolio Transactions: A Review
Binomial Model (Paul Wilmott) (Ekaterina Kochieva)
Random Behaviour of Assets (Paul Wilmott)
The “Non-Greek” Non-Foundation of Derivative Pricing Mathematics
(Elie Ayache) Can You Count on your Correlation Matrix? (Nick Higham)
Term Sheets (Paul Wilmott) Singular Peturbation Problems Arising in Mathematical Finance:

2. E: info@cqf.com W: cqf.com
Fluid Dynamics Concepts in Option Pricing (Peter Duck) The Polphemus Perspective – Use of Single Factor Risk Models
Derivatives and Stochastic Control (Paul Wilmott) (Jason MacQueen)
Method Of Separation Of Variables (Riaz Ahmad) Risk Decomposition and Risk Budgeting (Jason MacQueen)
Introduction to Copulas (Seb Lleo) Reverse Optimization for Portfolio Rebalancing (Jason MacQueen)
Fundamentals of Optimization (Seb Lleo) Markowitz was Wrong! (Jason MacQueen)
Can You Feel the Heat? Inverse Problems in Finance ICA and Hedge Fund Returns (Andrew Robinson)
(Andreas Binder) Beyond Black-Litterman (Attilio Meucci)
Differential Equations (Riaz Ahmad) Symmetric Downside Sharpe Ratio (Bill Ziemba)
Quants Toolbox (Riaz Ahmad) Investment Lessons From Blackjack And Gambling (Paul Wilmott)
Martingales (Riaz Ahmad) Fundamentals of Optimization and Application to Portfolio
American Options (Riaz Ahmad) Selection (Seb Lleo)
Stochastic Calculus (Riaz Ahmad)
Linear Algebra (Riaz Ahmad) Programming
Black Scholes, Mathematical Methods and Intro to Numerical The New C++ Standard (Roger Orr)
Methods (Riaz Ahmad) Introduction to Volatility Trading and Variance Swaps
Methods for Quant Finance: I (Riaz Ahmad) (Sebastien Bossu)
Methods for Quant Finance: II (Riaz Ahmad)
Martingales and PDEs: Which, When and Why (Seb Lleo) Further Lectures
Martingales and PDEs: More Which, When and Why (Seb Lleo) Quant Day (NAG and Paul Wilmott)
Complex Analysis (Riaz Ahmad) Is a Manhattan Project necessary to prevent financial
Armageddon? (Iris Mack)
Numerical Methods Real Options (Nick Mayor)
Software Issues in Wavelet Analysis of Financial Data Lateral Thinking (Alice Auld)
(Robert Tong) Acceptability Applications (Dilip Madan)
VBA Workshop (Mike Staunton) Problem Solving Lecture II (Alice Auld)
An Introduction to Spreadsheet Risk (Grenville Croll) Behavioral Finance (Andy Duncan)
Monte Carlo Simulation and Early Exercise (Paul Wilmott) How the Fundamental Analysts Work in Banks (Anneke Minnema)
Finite Difference Model (Paul Wilmott) Scaling Financial Analysis Applications with Matlab and Star-P
Monte Carlo Simulations (Paul Wilmott) (Andy Greenwell)
Numerical Integration (Paul Wilmott) The Risky Horror Show (Andreas Binder)
Convertible Bond Coding Workshop (Paul Wilmott) Computing a Nearest Correlation Matrix with Factor Structure
VG Modeling (Paul Wilmott) (Nick Higham)
Using GPUs for Computational Finance (Mike Giles)
Portfolio Management CQF Research Workshop 1 – Feedback, High Frequency Trading,
Equity Portfolio Risk Management (Jason MacQueen) Serial Autocorrelation Memory etc. (Paul Wilmott)
Frankenstein’s Model or the Perfect Union? (Richard Young and The Credit Crunch: Past, Present and Future (Michael J. Oliver)
Jason MacQueen) What Signals Worked and What Did Not, 1980-2009 (Bill Ziemba)
Financial Modelling using Garch Processes (Kyriakos Chourdakis)
Alumni Masterclasses
The Alumni Masterclasses allow alumni to delve deeper into specific subjects after they have completed the core
CQF program. These one or two day courses are delivered by leading practioners and respected academics. The
full list comprises more than 70 hours of additional material and is included in the cost of the CQF.
Please see below for a selection of the Masterclasses:
Volatility, Advanced Modeling with PC Workshops Behavioral Science in Finance: Phenomena,
Tutor: Paul Wilmott Diagnosis, Therapy
Duration: 2 days Tutor: Henriette Prast
Duration: 1 day
VG Modeling: Pricing Financial Derivatives in Equity
and Credit Risk Operator Methods in Fixed Income and Credit
Tutor: Wim Schoutens Tutor:Claudio Albanese
Duration: 2 days Duration: 2 days
Exotic Equity Derivatives, Pricing and Hedging Intraday High-Frequency Trading: From Empirical
Tutor: Paul Wilmott Evidence to Quantitative Optimization
Duration: 2 days Tutor: Charles-Albert Lehalle
Duration: 1 day