Online Professional Certificate in Capital Markets

Capital markets are markets where individuals, governments and businesses with more funds than they need (because they save some of their income) transfer those funds to individuals, governments and businesses that have a shortage of funds. Capital markets promote economic efficiency by directing money from those who do not have an immediate use for the money to those who do. Stock and bond markets are two major capital markets.

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.

Available TodayOnlineUSD$1950
Instructional Method:
Self-Study
Level: Basic

CPE CREDITSICB CREDITSICPAS CREDITS
2143.534.5
Investors, research analysts, portfolio managers, traders, and new entrants to the financial services industry.
Students will be able to:
  • Learn the most common terms used in the financial community
  • Distinguish between the myths and facts of finance
  • Appreciate equities as a distinct asset class
  • Suggest a conceptual framework for equity investing
  • Understand how the trading process works and how the buy and sell sides interact
  • Understand the difference between a bond, a stock and the relative risks and rewards
  • Gain insight into how and why investors make decisions
  • Gain an appreciation for the various options that are available to institutional and individual investors
  • Get a sense of the complexity in the bond, stock and derivatives markets and why certain assets are appropriate or inappropriate to certain investors
  • Understand how the trading process functions and the flow of securities
  • Distinguish between buy/sell side players and functions
Completion
Duration: 86 hours. All courses must be completed within 1 year with at least a 70% score on all exams.
Fundamentals of the Securities Industry
Introduction to the Securities Industry
  • Gain a basic understanding of the investment world and the Securities Industry
  • Understand the role of Primary and Secondary Markets
  • Understand the process of a Public Offering
Duration: 1 hour

Introduction to Equity Securities

  • Identify the basic characteristics of common stock
  • Read and comprehend stock quotations
  • Identify the characteristics and types of preferred stock
  • Identify various Equity-linked products
Duration: 2 hours

Introduction to Debt Securities

  • Identify the basic features of corporate, U.S. government, and municipal bonds
  • Read and comprehend bond credit ratings and yields
  • Identify different government securities
Duration: 2 hours

Trading Securities in the Secondary Markets

  • Understand the difference between exchange and OTC markets
  • Identify the types of orders available to market participants
  • Understand the complex investment strategies
Duration: 2 hours

Processing Securities Transactions

  • Understand the processing and approval procedures
  • Identify the functions of back office departments
  • Understand the key dates in a settlement
Duration: 1 hour

Derivative Instruments
Basics of Forwards and Futures
  • Definitions of forwards and futures
  • Spot vs. forward delivery
  • Basics of pricing
  • Characteristics of forwards
  • Characteristics of futures
  • Margin
  • Cash settlement vs. physical delivery
Duration: 1 hour

Introduction to Options

  • Leveraging Investment
  • Strategies for Investing with Options
  • Speculating with Options
  • Limitations of Options
  • Writing Puts
  • Writing Calls
  • Covered Versus Uncovered Writing
  • Writing Covered Puts
  • Option Pricing Terminology
  • Intrinsic Value and the Time Value of Options
  • Factors Affecting Option Pricing
  • The Underlying and the Strike Price
  • Volatility
  • Risk Free Interest Rate
  • The Greeks
  • Other Option Types
Duration: 2 hours

Trading Derivatives

  • Exchanges
  • Brokers and Dealers
  • Auction Exchanges
  • International Option Exchanges
  • OTC Exchange
  • Internet Exchanges
  • Margin on Futures
Duration: 2 hours

Introduction to Swaps

  • Interest Rate Swaps
  • Currency Swaps
  • Interest Rate Swap Pricing
  • Swap Facilitators
Duration: 2 hours

Options
Options Terminology
  • Call and put options
  • Exchange-traded vs. over-the-counter (OTC) options
  • Call option valuation at expiration
  • Payoff and value profiles
  • Option valuation before expiration
Duration: 1 hour

Fundamentals of Options Products

  • Stock (or equity) options
  • Index options
  • Futures options
  • Options on interest bearing securities
  • Currency options
  • Interest rate options: caps, floors and collars
Duration: 1 hour

Option Combination Strategies

  • Horizontal and vertical spreads: bull and bear spreads
  • Portfolio strategies: protective puts and writing covered calls
  • Volatility plays: straddles and strangles
Duration: 1 hour

Factors That Impact an Option's Value

  • Put–call parity
  • Expected value model
  • Single- and multi-period binomial lattice models
  • Factors that determine the value of options
Duration: 1 hour

Pricing Options

  • Mean and standard deviation
  • Historical vs. implied volatility
  • Probability distribution functions
  • Convergence of the Binomial Model with Black-Scholes
  • Black-Scholes model
  • American option pricing models
Duration: 1 hour

Option Sensitivities - Online

  • Introducing the Greeks
  • Delta
  • Impact of moneyness on Delta
  • Delta hedging
  • Gamma
  • Impact of moneyness on Gamma
  • Theta
  • Vega
  • Rho and Psi
Duration: 1 hour

Fixed Income Markets
Topics covered include:
  • Fixed Income Markets - Overview
  • Bond Pricing and Yield Measures
  • Treasury Securities
  • Corporate Bonds
  • Global Bonds - I
  • Global Bonds - II
  • Treasury Inflation Protected Securities (TIPS)
  • Duration
  • Convexity
  • Basis Point Value
  • High Yield Bonds
  • Brady Bonds
  • Option Embedded Bonds
  • Collateralized Mortgage Obligations
  • Interest Rate Swaps
  • Caps, Floors, Collars and Captions
  • Forward Rate Agreements
  • Bond Trading Strategies
  • Municipal Bonds
Duration: 21.5 hours

Equity Markets
Topics covered include:
  • Global Equity Markets
  • Equity Valuation Models - I
  • Equity Valuation Models - II
  • Stock Index Futures
  • Equity Swaps
  • Equity Options
  • Convertibles
  • Warrants
  • Portfolio Management
  • Equity Structured Products
Duration: 12.5 hours

Money Markets
Topics covered include:
  • Overview of Money Markets
  • Instruments of Money Markets
  • Arithmetic for Money Markets
  • Money Market Deposits
  • Certificates of Deposit
  • Repurchase Agreements (Repos)
  • Treasury Bills
  • Bills of Exchange
  • Commercial Paper
Duration: 11 hours

Foreign Exchange Markets
Topics covered include:
  • Overview of Foreign Exchange Market
  • Spot Market
  • Forward Market
  • Determination of Exchange Rates
  • Currency Futures
  • Currency Options
  • Currency Swaps
  • Second Generation Forward Contracts
  • FX Trading Controls
Duration: 10.5 hours

Financial Mathematics
Topics covered include:
  • Basic Financial Measures
  • Time Value of Money
  • Bond Pricing
  • Yield Curve Analysis
  • Probability Distributions and Their Properties
  • Measuring Volatility
  • Correlation and Regression Analysis
Duration: 8.5 hours

Save 10% over individual course enrollments.