This course begins with an understanding of the role of debt and equity in a firm’s capital structure and identifies the main issuers of bonds and the different types of bonds they issue. Examples are used to calculate a bond’s price and its yield (IRR). You will learn how to distinguish between different yield curve shapes and understand their implications for the economy and the business cycle.
We then explore the role primary and secondary markets play and provides an understanding of the mechanics of a Treasury. You will learn about the sources and impacts of the different types of risks that bondholders face and the bond market’s use and calculation of credit ratings and credit spreads.
This course wraps up with an understanding of the different classes of Common Stock and the main types of Preferred Stock along with warrants and depositary receipts. You will get introduced to different types of stock markets, exchanges and electronic clearing networks. You will also learn about the key regulators of the financial system along with their primary objectives. You’ll also look at the main features and objectives of Dodd-Frank and Basel III.
LO1: Capital Markets
LO2: Understanding Bond Market
LO4: Classifying Bonds
LO5: Coupon Bonds
LO6: Interest Rate
LO7: Sample Bond
LO8: Coupon Frequency and Floating Rate Coupons
L10: Legal Status of Bond Holders
L11: Prepayment Provisions
L12: Volatility and Prepayments
L13: Bond Contract and Structures
L14: Pass Thrus
L15: Treasury Markets
L16: Corporate Bond and Municipal Market
L17: Mortgage Backed Securities (MBS)
L18: Asset Backed Securities (ABS)
L19: Bond Pricing Language
L20: Price/Yield Relationship
L21: Treasury Yield Curve
L22: Accrued Interest
L23: Total Bond Price
L24: Current Yield
L25: Present and Future Value
L26: Internal Rate of Return
L27: Yield to Maturity (YTM)
L29: Yield Curve
L30: Fiscal and Monetary Policy
L31: Primary Dealers
L32: Primary and Secondary Markets
L33: Treasury Auction Process
L34: Corporate Bonds/Primary Markets
L35: Risks in Bond Market
L36: Rating Agencies
L37: Common Stock
L38: Preferred Stock
L40: Depositary Receipts and Convertible Bonds
L41: Primary and Secondary Markets
L42: Other Markets
L43: Regulation of the financial system
MOOCs stand for Massive Open Online Courses. These arefree online courses from universities around the world (eg. StanfordHarvardMIT) offered to anyone with an internet connection.
How do I register?
To register for a course, click on "Go to Class" button on the course page. This will take you to the providers website where you can register for the course.
How do these MOOCs or free online courses work?
MOOCs are designed for an online audience, teaching primarily through short (5-20 min.) pre recorded video lectures, that you watch on weekly schedule when convenient for you. They also have student discussion forums, homework/assignments, and online quizzes or exams.