What are the main sections of the PRM syllabus not covered by the Masters program?
Some topics are not specifically covered in the Masters program or are covered only briefly and will therefore require self-study. Topics in this category include: • Term structure models • Caps, floors and swaptions • Commodity markets • Energy markets • Some aspects of Mathematical Foundations (e.g. simple algebra, functions and graphs). This material is assumed knowledge in the Masters program. Readings are, however, provided for revision purposes. • Integral calculus • Some aspects of Linear Algebra (e.g. matrix inversion, quadratic forms) • Some aspects of Regression Analysis (e.g. breakdown of OLS assumptions, random walks and mean reversions) • Case studies many but not all are covered.
