The course is a systematic introduction to the development, analysis and implementation of interest rate models for pricing and hedging of fixed income derivatives. The materials will span the following aspects: linear interest rate product and yield curve construction; vanilla interest rate options and single rate models; interest rate exotics and the modeling of rates term structure. If time permits, we will also discuss typical trading strategies in the fixed income space, as well as hedging and management of interest rate exposures for fixed income portfolios, cash or derivative.