CPD Events
Industry Talk: al Investment Decisions via Real Options: A Dynamic Programming; Real Option Framework
08 Nov 2023
About the event
We will discuss mathematics and the theory of applying a real option methodology based on dynamic programming to evaluate high-risk innovation projects. Project that in a bad/good stage may have a high likelihood to stay bad/good in the next stage. The real option model that captures this intuition using dynamic programming and serial correlations will be discussed. We will also introduce partial derivatives like the Greeks that we called "control maps" to help the firm’s management to assess the financial impact of resource reallocations to project success factors. The proposed framework lets management synchronize its management decisions with financial decisions.
Send an enquiry
Fitch Learning
Part of the Fitch Group, Fitch Learning partners with clients to enhance knowledge, skills and conduct. Fitch Learning is a global leader in training with experience of delivering specialised technical training at all levels to the financial community. Fitch Learning partner with clients to elevate knowledge and skills and enhance conduct. We work with 9 out of 10 of each of the largest Investment Banks, Asset Managers and Global Banks and through state-of-the-art training centres in London, New York, Hong Kong, Singapore and Dubai, and our leading distance learning portals, we train more than 20,000 delegates each year.