Monetary Engineering is applied within the type of portfolio insurance coverage to stabilise or scale back the risk related to the market worth of a portfolio of economic assets such as stocks and bonds over a period of time. This can be a complex activity involving numerous parameters which need to be estimated in a statistically meaningful method together with numerous different necessities expressed in a mathematical framework.

ACCA (the Association of Chartered Licensed Accountants) is the global physique for skilled accountants. We purpose to supply business-relevant, first-selection qualifications to individuals of utility, skill and ambition world wide who search a rewarding profession in accountancy, finance and administration. We support our 188,000 members and 480,000 college students in 178 countries, serving to them to develop profitable careers in accounting and enterprise, with the talents wanted by employers. We work by means of a community of a hundred workplaces and centres …