International Capital Markets This thorough and interactive course offers delegates a detailed grounding in the full range of capital market instruments. Attendees leave the class with a clear understanding of key drivers, players and features in the markets today, enhancing the opportunity for success in this increasingly complex area. |
|
 |
|
 |
|
 |
| Risk Managers, Corporate Treasurers, Fund Managers, Compliance Staff, Corporate Market trainees, Private Bankers, Investment advisers, Portfolio Managers, Accountants, Regulators |
 |
| No advance preparation is required. |
 |
Students will be able to:- List the four core financial markets and the three classes of derivatives
- Distinguish the global trends in volume for each of the plain vanilla financial products and show the macroeconomic reasons for those trends
- Describe how bonds, equity, foreign exchange and money market products are traded
- Structure and price a plain vanilla bond for the current market place
- Read bond and equity listings and decide whether the deals worked well for the parties involved
- Choose the best derivative to hedge against risk in real-life financial situations
- Calculate the profit or loss on futures trades
- Construct a swap and calculate the benefit of the swap to each counterpart
- Invest the money held by a pension fund both geographically and by asset class
- Describe the role of equity from both the issuer's and investor's perspectives
- Distinguish among the different types of stock markets
- Describe the main methods used in equity valuation
- Explain the major steps in the IPO process
- Identify the key participants in the IPO process
|
 |
| A financial calculator is required. Texas Instruments BA II Plus recommended. |
 |
|
|
|
 |
Day OneKey Markets and Players- Four Core Markets: debt, equity, money markets and foreign exchange
- The Wholesale and Retail Players
- League Tables
- Inside an Investment Bank
Money Markets- Interbank Loans and Deposits
- CDs
- CP
- Repos
- Treasury Bills
- Bas
Foreign Exchange (FX)- Facts and Figures on FX Volumes
- Market Evolution
- Story of an FX deal
- Spot FX
- Forwards
- FX Swaps
| Day Two - Bond MarketsTime Value of Money (TVM)Plain Vanilla MechanicsBond Classifications- Straights
- FRNs
- Convertibles
- Asset Backed Securities (Structured Finance)
- MTNs (Structured Finance)
- Exotics
Pricing Credit RiskBringing a Bond to Market- Origination
- Beauty Parades
- Deal Structure
- Book Building
- Syndication
- Pricing
- Roadshow
- Close & Settlement
- Secondary Market
|  | Day Three - Equity MarketsThe Role of EquityTechniques to Value StocksEquity Markets and Trading | Day Four - DerivativesFuturesOptionsSwapsCredit Derivatives |  | Day Five - IPOsOverview of U.S. Federal Securities LawsRoles of IPO ParticipantsTiming and Major Steps in IPO ProcessCase Studies | | | | | |
|
 |
| Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.) |
Lunch is included for all students taking day classes. |
|
|