This course offers a full introduction to the operation of the financial markets in a global setting. It is concerned with the nature of the products which are traded in the international banking, money and capital markets and with the operation and regulation of those markets themselves. This course will require you to understand some fairly sophisticated mathematical and technical concepts

COURSE OUTLINE:-

1. Introduction

• Theory, history and development of markets -Types of market -time value of money (“TVM”) - Risk and return

2. Money & Foreign Exchange

• Money markets products and practices - Exchange rate theory- Foreign exchange market products and practices

3. Debt Markets

• Product description-Types of debt instrument different measures of return -How the debt markets operate -Government bonds
• Advanced analysis of debt products - duration - convexity -spot rates and the yield curve- Investment, trading and issuance strategies

4. Equities Markets

• Product description – Valuation of equities – Valuation of companies –Market mechanisms
• Equities analysis -Investment, trading and issuance strategies: active vs passive

5. Derivatives

• Futures, forwards and swaps – Product descriptions – Pricing principles –Market mechanisms Applications and strategies
• Options - product descriptions - pricing principles-market mechanisms -applications and strategies

6. Identifying, measuring and managing risk

7. Portfolio Management

• Balance Portfolio
• Asset Diversification and Management

8. Future Development in Stock Market Analysis