FINANCIAL MARKETS TRAINING COURSES

Essentials of Financial Markets-Level 2
Essentials of Financial Markets-Level 2

Essentials of Financial Markets-Level 2

Join our comprehensive training program to gain a deep understanding of the complex world of financial markets. From the fundamental players in the ecosystem, such as investors, speculators, and arbitrageurs, to the core principles of portfolio management and asset valuation, this program will equip you with the knowledge and tools to navigate the financial landscape confidently.

 

Explore the nuances of different asset classes, including equities, fixed income, foreign exchange, commodities, and derivatives, and learn how to apply various valuation methods effectively. Dive into essential topics like market efficiency, modern portfolio theory, equity valuation, bond pricing, and options pricing.

 

Whether you're a novice or an experienced professional, this program offers a valuable opportunity to enhance your financial expertise and make well-informed investment decisions.

Ref: EOFM2-165

Learning Outcomes

  • Comprehend the market's ecosystem
  • Identify various asset classes
  • Master Markowitz's model of "efficient diversification"
  • Realize their integration in managing portfolios
  • Familiarize with the primary techniques for valuing asset classes

Who Should Attend

  • Fund Manager
  • Wealth Manager
  • Management Assistant
  • Financial Analyst
  • Bank Treasurer
  • Corporate Treasurer

Duration

  • 2 days (14 Hours)

Price

  • €2050 + VAT for one participant.
  • €1650 + VAT each for a group of 2 or 3 participants, only with group registration.
  • €1350 + VAT each for groups of more than 3, only with group registration.

Tailored Training Solutions

  • We offer the option to collaboratively develop customized programs.
  • If you don't find precisely what you're looking for, we are here to assist you in constructing the perfect solution for your organization.
  • Any of our training courses can be delivered just for your team.
  • We can also co-create bespoke programmes, so if you can't find exactly what you need, we can help you build the right solution for your organisation.
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Training Agenda

I. The Ecosystem of Financial Markets

  1. The market players: investors, speculators, hedgers and arbitrageurs
  2. The role of the Central Bank
  • Practical Case: 
    • Identify the type of actor based on a proposed scenario

II. Fundamentals of Portfolio Management

  1. Challenging the notion of market efficiency
  2. Modern portfolio theory
  • Practical Cases:
    • Determine the asset class to include in a portfolio based on the monetary cycle in a global macro approach
    • Simple technical analysis of a benchmark index and a stock using their moving averages

III. Focus on the Equity Market

  1. Different valuation methods
  2. Key terms to know: P/E ratio, ROE, EPS, enterprise value, FCFF, FCFE, WACC
  3. Different types of management: value, growth, technical and/or fundamental analysis
  • Practical Case:
    • Equity Valuation using different methods

IV. Focus on the Fixed Income Market

  1. The relationship between interest rates and bond value
  2. Types of bonds: corporate and government bonds, inflation-linked bonds, convertible bonds, callable and putable bonds
  3. Terms to know: actuarial rate, duration, and convexity
  4. Role of rating agencies
  • Practical Case:
    • Bond Pricing

V. Focus on the foreign exchange 

  1. Overview: size, players, and role of the forex market
  2. Factors influencing currency price
  3. Terms to know: carry trade, triangular arbitrage, bid-ask spread
  • Quiz

VI. Focus on Commodities

  1. Different types of commodities
  2. Parameters influencing commodity prices
  3. Fundamentals of commodity futures valuation
  4. Including commodities in a portfolio (e.g., gold)
  • Quiz

VII. Focus on Derivatives

  1. Definition and role as a hedging instrument in portfolio management
  2. Forward contracts
  3. Swaps: Options and Swaptions
  • Practical Case: 
    • Using derivatives for hedging purpose 

VIII. Asset Valuation


    1.Main valuation method for simple products

  • Discounting principle
  • Equity
  • Fixed income

    2.Valuation of derivatives

  • Principle of no-arbitrage opportunity (NAO)
  • Options’ pricing methods
  • Futures’s pricing and valuation methods
  • Practical Cases: 
    • Pricing of an interest rate future
    • Option Pricing using an option pricer