IE 598

Fall 2026 Part of Term B

Part of Term B
Oct 19-Dec 9

Credit: 1 TO 4 hours.

Subject offerings of new and developing areas of knowledge in industrial engineering intended to augment the existing curriculum. See Class Schedule or departmental course information for topics and prerequisites.

Approved for Letter and S/U grading. May be repeated in the same or separate terms if topics vary.

Section Status updates every 10 minutes.
IE 598 class schedule data for fall 2026
Status CRN Type Section Time Day Location Instructor Section Details
3
79961
Lecture-Discussion
SC
9:00AM -11:50AM
S
Location Pending
Prasad, I
Availability:
Open (Restricted)
Part of Term:
B
Date Range:
10/19/26-12/09/26
Credit:
2 hours
Section Title:
Structured Credit II
Section Info:
Asset-backed financing is important to understand because it illustrates a fundamental aspect of how financial markets and lending work in the economy. By securitizing assets like mortgages, auto loans, or student loans, financial institutions can create investment opportunities that provide liquidity and lower borrowing costs for borrowers. This process not only facilitates access to funds for individuals and businesses but also spreads risk across a wider pool of investors. Grasping the concept of asset-backed financing helps students understand the mechanisms behind loans and fixed income investments, highlighting how diverse financial instruments can be used to allocate capital efficiently and support economic growth. We will especially focus on the mortgage-backed securities market, loan performance analytics and investment thesis considered by professionals. The course introduces aspects of the mortgage and MBS markets, prepayment and default modeling, structuring of RMBS bonds, and more.
Restriction(s):
Restricted to Graduate - Urbana-Champaign.
Restricted to Financial Engineering major(s).
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