1. |
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Trading |
Types of orders, Types of and use of margins |
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2. |
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Margin trading |
buying on margins, short selling |
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3. |
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Short-selling, regulations of securities markets |
Securities Act, Securities and Exchange Act, Sarbanes Oxley Law, sample problem solving |
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4. |
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Bond price and yields |
Types of bonds and their characteristics, treasury and corporate bonds |
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5. |
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Bond price and yields, innovations in bond market |
price and yield calculation, use of EXCEL spread sheet as a calculator |
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6. |
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Yield-to-maturity, durations |
calculation formulas, compound yield, implied forward rate, mechanics to protect lenders and issuers against the rise or the fall in interest rate |
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7. |
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Bond price and yield from credit risk perspective |
price calculation, yield curve, default risk |
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8. |
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Credit ratings |
credit spread, factor analysis for credit risk evaluation, key financial ratios |
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9. |
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Credit risk continued, term structure of interest rate |
bond subordination, risk-adjusted returns, credit default swaps, term structure of interest rate and various theories |
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10. |
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Stock valuation |
Valuation methods and models, intrinsic vs. market value, required vs. expected return |
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