
- Subject: Investment
- Fees: $100
- CPD: 3 Hours
- Prerequisites: Basic Accounting
- Advance preparation: None
- Course Level: Intermediate
- Delivery Method: E-Learning
- Language: English
Course description
This course equips students with the knowledge, confidence, and strategies necessary to analyze fixed-income securities and bond valuation.
Learning objectives
Fixed-Income Securities
- Explain the basic investment attributes of bonds and their use as investments.
- Describe the essential features of a bond, note the role that bond ratings play in the market, and distinguish among different types of call, refunding, and sinking-fund provisions.
- Explain how bond prices are quoted in the market and why some bonds are more volatile than others.
- Identify the different types of bonds and the kinds of investment objectives these securities can fulfill.
- Discuss the global nature of the bond market and the difference between dollar-denominated and non-dollar-denominated foreign bonds.
- Describe the basic features and characteristics of convertible securities and measure the value of a convertible security.
Bond Valuation
- Explain the basic investment attributes of bonds and their use as investments.
- Describe the term structure of interest rates and note how investors can use yield curves.
- Understand how investors value bonds in the marketplace.
- Describe the various measures of yield and return and explain how investors use these standards of performance to value bonds.
- Understand the basic concept of duration, how it can be measured, and its use in the management of bond portfolios.
- Discuss various bond investment strategies and the different ways investors can use these securities.
Assessment
This course is delivered in the Moodle Learning Management System (MLS), with access for a duration of 90 days from the date of enrollment. Instructional materials, including voice-over PowerPoint presentations, videos, and additional reading materials, are provided throughout the course.
Attendance/Participation — Full attendance is required to complete the E-Learning Activities course. Participation in ‘Thinking Break’ activities and exams serves as the elements for attendance. Each PowerPoint slide is set with a minimum viewing time before students can advance to the next slide. At each subsection of the slides, students are required to engage in ‘Thinking Break’ activities before proceeding to the next subsection. After completing all reading and viewing assignments, students must attain at least a grade of 70% on the exams to successfully complete the E-Learning course.