Consumer Banking: Products – Credit
Consumer/retail credit products come in multiple guises, from short-term facilities such as overdrafts to much longer-term financing in the form of mortgages. The various forms of financing are distinguished not just by term but also by features such as whether the credit facility comes with security (collateral) attached. This course describes the major credit product […]
Cryptography
Cryptography plays a critical role in many contemporary financial technologies, underpinning a wide range of financial applications from secure cash transfers to blockchain. Therefore, it is important for financial professionals to understand the basics of modern cryptography. This course provides an overview of cryptography, covering three key cryptographic tools, and examining the role of cryptography […]
Derivatives: An Introduction
This course focuses on the basic types of derivative: forward-type instruments (forwards, futures, and swaps) and options. The key differences between these instruments are described, along with the basics of their pricing. The course also discusses the uses of these instruments, differences between exchange-traded and Over-the-Counter (OTC) instruments, and how derivatives are settled and cleared.
Derivatives: Markets
This course describes derivatives markets today, both Over-the-Counter (OTC) and exchange-traded – and how the lines between these have become blurred by regulations adopted following the global financial crisis. The course also looks at the many applications of derivatives for the various market players as well as instruments with embedded options, and linear and nonlinear […]
Sustainable Finance – An Introduction
Increasingly, financial institutions are expected to incorporate environmental, social, and governance (ESG) or sustainability issues in their decision-making. For lenders, this means incorporating ESG analysis in their lending operations and monitoring ESG risks in their loan portfolios – an approach known as sustainable finance. This tutorial provides an overview of sustainable finance, analyzing its key […]
Asset Management
Asset management is the management of portfolios of assets by professional firms serving institutional, High Net Worth (HNW), and retail clients. This course provides an overview of the structure and activities of a typical asset management firm, including its clients, products, and services. The current state of the global asset management industry is also discussed.
Bond Markets: An Introduction
While stock markets are more familiar to the general public, far more capital is raised by issuing debt rather than equity. Bond markets are a critical source of finance for governments, banks, corporations, and other borrowers. This course will introduce you to the fundamentals of bonds as a fixed-income instrument, covering the key features and […]
Bond Markets: Issuing
The primary market for bonds is where the distribution and trading of newly-issued bonds takes place. This course looks at the different participants and processes in government and nongovernment bond primary markets.
Bond Markets: Trading
Trading in bond markets is largely Over-the-Counter (OTC) rather than exchange-based, with electronic marketplaces becoming increasingly more important in recent times. This course looks at the key role played by market makers in providing liquidity to the bond market. It also examines crucial bond market conventions such as clean versus dirty prices and nonwhole periods.
Commodities: Coal
Coal produces almost 30% of the world’s primary energy and accounts for over 40% of global electricity production according to estimates by the International Energy Agency (IEA). It is abundant and cheap – but generates high levels of pollution. Although the appetite for coal has declined in most Western nations, overall demand remains strong due […]