Online Professional Certificate in DerivativesMany markets are now exhibiting a level of volatility that is not only historically high, but also giving the appearance of being long-lasting. Derivatives now serve a two-fold purpose in addressing this volatility - they offer hedging protection for the cautious investor and profit opportunities for the more aggressive. The Online Professional Certificate in Derivatives offers everything from a basic introduction to these complex vehicles to advanced strategies suitable for active portfolio management. Obtain the prestigious New York Institute of Finance Professional Certificate to help you meet your professional and personal goals. The Professional Certificate Programs are comprehensive in scope and offer you a wide variety of courses to choose from. In addition, you will receive CPE credits to insure you are keeping up to date with your professional requirements. All courses must be completed within one year with a score of at least 70% in each module. |
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| Available Today | Online | USD$2070  |  | | |
Instructional Method:
Self-Study
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| Traders, sales and business development professionals, back office staff, financial analysts, auditors and compliance staff. |
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Students will be able to:- Distinguish between forward and futures contracts
- Identify methods using forwards and futures for hedging and speculation
- Describe basic option strategies
- Differentiate between covered and uncovered positions
- Understand how futures and options are traded
- Describe the effects of margin on option and futures trading
- Identify the structure of a swap agreement
- Distinguish applications of swaps
- Recognize how swap agreements are facilitated
- Identify key factors necessary to hedge with an FRA.
- Describe the forward curve and how it is constructed.
- Describe what basis risk is and how it is determined
- Define the function of the conversion factor
- Describe how to adjust the hedge ratio for beta.
- Identify the concept of put-call parity.
- Recognize each of the Greeks. Identify the role of Delta and Gamma in defining an option's sensitivity to change. Identify the role of Theta, Vega, Rho and Psi in defining an option's sensitivity to change.
- Identify The mechanism of a generic swap and the concepts and terminologies used in swaps
- Interpret Different types of swaps and the motivation behind employing them
- Understand The variants in the basic structure of swaps and their pricing and valuation concepts
- Discuss the use of interest rate swaps in managing long-dated domestic interest rate risk
- Explain the role of stock index futures in managing equity risk
- Recognize long-dated foreign interest rate risk exposure
- Identify the rules and regulations that govern index options in cash accounts. Recognize the rules and regulations that govern index options in margin accounts.
- Perform margin calculations for in the money, at the money, and out of the money uncovered call options
- ...and much more!
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 Completion |
| All courses must be completed within one year with a score of at least 70% in each module. |
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Topics covered include:- Basics of Forwards and Futures
- Introduction to Options
- Trading Derivatives
- Introduction to Swaps
Duration: 7 hours | Topics covered include:- Introduction to Forwards and Futures
- Forward Rate Agreements (FRAs)
- Short-Term Interest Rate Futures
- Note and Bond Futures
Duration: 6 hours | | Topics covered include:- Options Terminology
- Fundamentals of Options Products
- Option Combination Strategies
- Factors That Impact an Option's Value
- Pricing Options
- Option Sensitivities
Duration; 7 hours | Topics covered include:- Swaps – Fundamentals
- Interest Rate Swaps
- Currency Swaps
- Commodity Swaps
- Equity Swaps
- Interest Rate Swap Variants
- Swaptions
- JOB AIDS
- Calculators
Duration: 8.5 hours | | Topics covered include:- Overview to Credit Derivatives
- Credit Risk
- Credit Rating Dynamics
- Emerging Markets
- Classic Credit Derivatives
- Total Return Swaps
- Structured Notes
- Repackaged Notes
- Credit Portfolio Securitization Structures
- Case Studies for CPSS
- Credit Default Swaps
- Case Studies for Credit Default swaps
- Credit Spread Options
- Bank and Institutional Applications
- Investor Applications
- Corporate Applications
- Pricing Credit Derivative Instruments
- Risk involved in Credit Derivatives
- Documentation
- Regulations, Legal Issues, Accounting, Taxation
Duration: 28.5 hours | Topics covered include:- Introduction to Risk Management
- Identifying Risks
- Managing Foreign Exchange Risk Using Derivatives
- Managing Short-Dated Domestic Interest Rate Risk using Derivatives
- Managing Long-Dated Domestic Interest Rate Risk Using Derivatives
- Managing Long-Dated Foreign Interest Rate Risk Using Derivatives
- Managing Equity Risk Using Derivatives
Duration: 7 hours | | Topics covered include:- Margin for Options: An Introduction
- Cash Account Option Transactions
- Long Options in Margin Accounts
- Covered and Uncovered Calls in Margin Accounts
- Covered and Uncovered Puts in Margin Accounts
- Day-Trading Margin Rules
- Margin Requirements for Spreads, Straddles and Combinations
- Trading Index Options
Duration: 8 hours | | | |
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