Investment Industry: Instruments, Mechanisms and Regulations
Course
In Poland (Poland)
Price on request
Become an outstanding professional in the Investment Industry!
-
Type
Course
-
Location
Poland (Poland)
Emagister adds to its catalogue the Investment Industry Instruments, Mechanisms and Regulations Course, offering you an essential understanding of the business environment!
This intensive course has been designed to review the fundamental of the financial instruments and procedures. So you can manage with ace the processes in the investment industry.
Be capable to respond to the investors' needs and interest. Ask for more information through Emagister's website.
Facilities
Location
Start date
Poland
(Poland)
See map
57/59 Jagiellonska St., 03301
Start date
On request
Reviews
Have you taken this course?
Subjects
- Economics
- Management
- Trade
- Logistics
- Marketing
- Marketing and Advertising
- Finance and Banking
- Polish
- Investment
- Teaching
Course programme
Program
The course consists of 20 concise monothematic modules. The course ends with an exam covering the contents of the course.
Course Syllabus:
1. The Investment Industry: a Top-Down Review
2. Ethics and Investment Professionalism
3. Regulation
4. Microeconomics
5. Macroeconomics
6. Economics of International Trade
7. Financial Statements
8. Quantitative Concepts
9. Debt Securities
10. Equity Securities
11. Derivatives
12. Alternative Investments
13. Structure of the Investment Industry
14. Investment Vehicles
15. The Functioning of the Financial Markets
16. Investors and their Needs
17. Investment Management
18. Risk Management
19. Performance Evaluation
20. Investment Industry Documentation
TOTAL: 30 academic hours
The course consists of 20 concise monothematic modules. The course ends with an exam covering the contents of the course.
Course Syllabus:
1. The Investment Industry: a Top-Down Review
- Describe the financial services industry
- Types of financial institutions
- How investors benefit from the existence of the investment industry
- Types and functions of participants of the investment industry
- Forces that affect the evolution of the investment industry
2. Ethics and Investment Professionalism
- Obligations that individuals in the investment industry have to clients, prospective clients, employers, and co-workers
- Elements of the CFA® Institute Code of Ethics
- Standards of practice (professional principles) that are based on the CFA® Institute Code of Ethics
3. Regulation
- Objectives of regulation
- Potential consequences of regulatory failure
- Regulatory process and the importance of each step in the process
- Elements of a company’s policies and procedures to ensure the company complies with regulation
4. Microeconomics
- Production levels and costs
- Factors that affect pricing
- Types of market environment: perfect competition, pure monopoly, monopolistic competition, and oligopoly
5. Macroeconomics
- Phases of a business cycle and their characteristics
- Economic indicators, and their uses and limitations
- Inflation, deflation, stagflation, and hyperinflation and describe their effects on consumers, businesses, and investments
- Monetary and fiscal policy
6. Economics of International Trade
- Balance of payments and explain the relationship between the current account and the capital and financial account
- Types of foreign exchange rate systems
- Factors affecting the value of currency
- Describe foreign exchange rate quotes
- Spot and forward markets
7. Financial Statements
- Roles of standard-setters, regulators, and auditors in financial reporting
- Explain links between the income statement, balance sheet, and cash flow statement
- Explain the usefulness of ratio analysis for financial statements
8. Quantitative Concepts
- Relevance of the net present value in valuing financial instruments
- Explain uses of range, percentile, standard deviations, and variance, which are measures of dispersion
- Describe and interpret the characteristics of a normal distribution
9. Debt Securities
- Features of debt securities
- Seniority ranking of debt securities when default occurs
- Bonds with embedded provisions
- Securitization and asset-backed securities
- Valuing debt securities
- Yield curve
- Risks of investing in debt securities
- Credit spread
10. Equity Securities
- Features and types of equity securities
- Risk and return of equity and debt securities
- Approaches to valuing common share
11. Derivatives
- Nature and uses of derivatives contracts
- Forwards and futures
- Options and their uses
- Swaps and their uses
12. Alternative Investments
- Advantages and limitations of alternative investments
- Private equity investments
- Real estate investments
- Commodity investments
13. Structure of the Investment Industry
- Financial planning services
- Investment management services
- Investment information services
- Trading services
- Buy- and sell-side firms in the investment industry
- Front-, middle-, and back-office functions in the investment industry
- Positions and responsibilities for firms in the investment industry
14. Investment Vehicles
- Direct and indirect investing in securities and assets
- Pooled investments, including open-end funds, closed-end funds, and exchange traded funds
- Security market indices, including their constructions and valuation
- Hedge funds
- Managed accounts
- Tax-advantaged accounts and describe the use of taxable accounts to manage tax liabilities
15. The Functioning of the Financial Markets
- Role of investment banks in helping issuers raise capital
- Primary market transactions, including public offerings, private placements, and right issues
- Roles of trading venues, including exchanges and alternative trading venues
- Characteristics of quote-driven, order-driven, and brokered markets
- Clearing and settlement of trades
- Types of transaction costs
- Market efficiency in terms of operations, information, and allocation
16. Investors and their Needs
- Types of individual and institutional investors
- Defined benefit pension plans and defined contribution pension plans
- Rationale for and structure of investment policy statements in serving client needs
17. Investment Management
- Systematic risk and specific risk
- Strategic and tactical asset allocation
- Factors necessary for successful active management
18. Risk Management
- Risk management process: benefits and costs
- Value at risk and describe its advantages and weaknesses
19. Performance Evaluation
- Measures of return, including holding-period returns and time-weighted rates of return
- Measures of risk, including standard deviation and downside deviation
- Reward-to-risk ratios, including the Sharpe and Treynor ratio
- Uses of benchmarks and explain the selection of a benchmark
- Measures of relative performance, including tracking error and the information ratio
- Concept of alpha
20. Investment Industry Documentation
- Describe how portfolios are constructed to address client investment objectives and constraints
- Compare strategic and tactical asset allocation
- Document classification systems
- Types of internal and external documentation
TOTAL: 30 academic hours
Investment Industry: Instruments, Mechanisms and Regulations
Price on request