Overview
The Capital Market Immersion program provides a solid and deep introduction of the capital markets, and is designed to provide professionals with a solid understanding of the functions and roles played by modern financial institutions and their key lines of business, as well as foundational knowledge of the industry’s basic products and service functions.
The program's framework consists of lectures covering 7 separate topics:
 The Capital Markets Road Map (Highlights the primary participants, issuers, investors, intermediaries in capital markets, what they trade there, and the applications to which market participants make use of the instruments and the roles they play.)
 Fundamental Financial Math (Introduces you to a wide variety of calculations and related concepts that are used by financial market participants in a plethora of applications  calculating prices, rates of return, and yields for example.)
 Yield Curve Dynamics (Covers a variety of issues relating to yield curves, their construction, and their use in a variety of analytical applications to assess risk and return.)
 Fixed Income Securities (Introduces you to the market for fixed income securities, provides you with a lot of details on the characteristics of fixed income securities in general, as well as discuss specific characteristics of specific sectors of the fixed income market  insurers, investors, and a wide variety of concepts relating to the analysis and validation of those securities.)
 Equity Products (Introduces equities by providing an overview of the types of products, including both direct and indirect products; and demonstrating types of shares and exchanges, investors, diversification and volatility.)
 Futures & Options (Introduces derivatives in general, to demonstrate the common features of derivatives and how they differ from other sorts of financial instruments. Futures and options contracts' key characteristics will be identified, and contract features, pricing, applications, risk management, and hedging will be discussed.)
 Interest Rate Swaps (A look at interest rate swaps in detail. First, swaps in general are introduced, then the structure of the most common type of interest rate swap  the fixed or floating interest rate swap  will be addressed. A variety of different structures, pricing and valuation, and applications  both risk management and speculative  will be discussed.)
In all, there are 142 total lectures (video clips) and over 24 hours of total viewable content. This program also includes supplemental PDFs as downloadable attachments that you can use to follow along with each lecture's instructor.
We have assessed our clientele thoroughly in order to design a program that includes all of the necessary elements of capital markets, designed toward an approach that enables you to accomplish the key takeaway of becoming fully immersed with a high level understanding of capital market industry, products, and roles.
Learning Outcomes
What you'll Learn
 You'll be able to apply all the concepts of financial math, including NPV, IRR, PV, FV, to real business problems.
 You'll learn how to describe the players, products, markets and applications of capital markets instruments.
 You'll be able to interpret the meaning of yield curves and how financial markets and instruments drive pricing.
 You'll be able to explain the full range of fixed income instruments, their issuers and investors, and the ways these instruments are structured.
 You'll be able to detail equity markets products, players and market dynamics.
 You'll be able to determine uses and applications of futures and options.
Course curriculum

1
Slack Channel  Discussion Forum
 Slack Channel

2
Capital Markets Road Map
 Major Market Segments and Types of Instruments FREE PREVIEW
 Major Market Segments and Types of InstrumentsSlides
 Economic Functions of Capital Markets
 Economic Functions of Capital MarketsSlides
 Securities Markets and Important Market Participants
 Securities Markets and Important Market ParticipantsSlides
 Commercial Banking and Investment Banking
 Commercial Banking and Investment BankingSlides
 Primary and Secondary Markets
 Primary and Secondary MarketsSlides
 Primary Market Offerings
 Primary Market OfferingsSlides
 Roles of Financial Intermediaries
 Roles of Financial IntermediariesSlides
 Comparing Securities to Derivatives
 Comparing Securities to DerivativesSlides
 Introduction to Fixed Income Securities
 Introduction to Fixed Income SecuritiesSlides
 Fixed Income Securities: Sources of Return and Types of Risk
 Fixed Income Securities: Sources of Return and Types of Risk Slides
 Government and Government Agency Securities
 Government and Government Agency Securities Slides
 Corporate Securities and Structured Securities
 Corporate Securities and Structured Securities Slides
 Bond Pricing and Valuation
 Bond Pricing and Valuation Slides
 Yield Curves, Credit Markets and the Business Cycle
 Yield Curves, Credit Markets and the Business Cycle Slides
 Yield Curves, Monetary Policy and the Real Economy
 Yield Curves, Monetary Policy and the Real Economy Slides
 Introduction to Equity Securities
 Introduction to Equity Securities Slides
 Investment Characteristics and Valuation of Equity Securities
 Investment Characteristics and Valuation of Equity Securities Slides
 Valuation of Equities Using Earnings Multiples (P/E Ratios)
 Valuation of Equities Using Earnings Multiples (P/E Ratios) Slides
 Currency Markets and Factors Affecting Exchange Rates
 Currency Markets and Factors Affecting Exchange Rates Slides
 Types of Derivative Contracts and Their Characteristics
 Types of Derivative Contracts and Their Characteristics Slides
 The Real Meaning of "Derivatives" and Their Use in Managing Risk
 The Real Meaning of "Derivatives" and Their Use in Managing Risk Slides

3
Fundamental Financial Math
 Interest Rates and Yields FREE PREVIEW
 Interest Rates and Yields (Slides)
 Interest Rates and Rates of Return
 Rates and Rates of Return (Slides)
 Interest Rate Conventions and Time Value of Money Part 1
 Interest Rate Conventions and Time Value of Money Part 1 (Slides)
 Interest Rate Conventions and Time Value of Money Part 2
 Interest Rate Conventions and Time Value of Money Part 2 (Slides)
 Compound Interest
 Compound Interest (Slides)
 Time Value of Money and Bond Pricing
 Time Value of Money and Bond Pricing (Slides)
 Pricing Zero Coupon Bonds
 Pricing Zero Coupon Bonds (Slides)
 Pricing Coupon Bonds
 Pricing Coupon Bonds (Slides)
 Bond Pricing Versus Bond Valuation
 Bond Pricing Versus Bond Valuation (Slides)
 Pricing Discount Securities
 Pricing Discount Securities (Slides)
 Discount Rates Versus Bond Equivalent Yield
 Discount Rates Versus Bond Equivalent Yield (Slides)
 Bond Yields
 Bond Yields (Slides)
 Yield to Maturity
 Yield to Maturity (Slides)
 Yield to Maturity Versus Rate of Return
 Yield to Maturity Versus Rate of Return (Slides)
 Yield to Maturity as an Expression of Current Value
 Yield to Maturity as an Expression of Current Value (Slides)

4
Yield Curve Dynamics
 Introduction to Yield Curves FREE PREVIEW
 Introduction to Yield Curves (Slides)
 Types of Yield Curves and Yield Curve Spreads
 Types of Yield Curves and Yield Curve Spreads (Slides)
 Introduction to Duration
 Introduction to Duration (Slides)
 Types of Duration
 Types of Duration (Slides)
 Modified Duration
 Modified Duration (Slides)
 Duration Illustration
 Duration Illustration (Slides)
 Duration of Callable Bonds
 Duration of Callable Bonds (Slides)
 Yield Curve Shapes and the Level of Interest Rates
 Yield Curve Shapes and the Level of Interest Rates (Slides)
 Yield Curve Theories
 Yield Curve Theories (Slides)
 Yield Curves and the Business Cycle
 Yield Curves and the Business Cycle (Slides)
 Spot Rates and Spot Rate Curves
 Spot Rates and Spot Rate Curves (Slides)
 Calculation of Spot Rates
 Calculation of Spot Rates (Slides)
 Bond Valuation and Rich/Cheap Analysis
 Bond Valuation and Rich/Cheap Analysis (Slides)
 Treasury Strips and the Strip Rate Curve
 Treasury Strips and the Strip Rate Curve (Slides)
 Forward Rates
 Forward Rates (Slides)
 Calculating Forward Rates
 Calculating Forward Rates (Slides)
 Forward Rate Applications
 Forward Rate Applications (Slides)
 Total Return Analysis
 Total Return Analysis (Slides)
 Total Return Analysis Illustration
 Total Return Analysis Illustration (Slides)

5
Fixed Income Securities
 Introduction to Fixed Income Securities and Markets FREE PREVIEW
 Introduction to Fixed Income Securities and Markets (Slides)
 The Primary Market: Issuing Bonds to Borrow Funds
 The Primary Market: Issuing Bonds to Borrow Funds (Slides)
 Similarity of Bonds to Loans & Bond Valuation Issues
 Similarity of Bonds to Loans & Bond Valuation Issues (Slides)
 Bond Contact Features
 Bond Contact Features (Slides)
 Bond Coupons, Accrued Interest and Bond Pricing Conventions
 Bond Coupons, Accrued Interest and Bond Pricing Conventions (Slides)
 Day Count Conventions & Bond Retirement
 Day Count Conventions & Bond Retirement (Slides)
 Types of Risk
 Types of Risk (Slides)
 Sources of Return and Bond Yields
 Sources of Return and Bond Yields (Slides)
 Bond Yields, Yield to Maturity and Rate of Return
 Bond Yields, Yield to Maturity and Rate of Return (Slides)
 Yield Curves
 Yield Curves (Slides)
 Yield Curves & Government Securities
 Yield Curves & Government Securities (Slides)
 Government Bonds & US Treasury Securities
 Government Bonds & US Treasury Securities (Slides)
 Corporate Fixed Income Securities
 Corporate Fixed Income Securities (Slides)
 Credit Risk of Corporate Securities & Trust Indentures
 Credit Risk of Corporate Securities & Trust Indentures (Slides)
 Secured and Unsecured Bonds
 Secured and Unsecured Bonds (Slides)
 Convertible Securities
 Convertible Securities (Slides)
 Preferred Stocks & Introduction to Structured Securities
 Preferred Stocks & Introduction to Structured Securities (Slides)
 Asset Securitization & Introduction to Mortgage Backed Securities
 Asset Securitization & Introduction to Mortgage Backed Securities (Slides)
 Mortgage Backed Securities
 Mortgage Backed Securities (Slides)
 CMOs & Introduction to Asset Backed Securities
 CMOs & Introduction to Asset Backed Securities (Slides)
 Credit Card and Auto Loan Asset Backed Securities
 Credit Card and Auto Loan Asset Backed Securities (Slides)
 Collateralized Debt Obligations
 Collateralized Debt Obligations (Slides)
 CDOs and Money Market Instruments
 CDOs and Money Market Instruments (Slides)
 Agency Securities & Regional/Local Government Debt Securities
 Agency Securities & Regional/Local Government Debt Securities (Slides)

6
Equity Products
 Types of Products/Shares FREE PREVIEW
 Types of Products/Shares (Slides)
 Buying Shares & Equities
 Buying Shares & Equities (Slides)
 Tesco Example
 Tesco Example (Slides)
 Types of Shares and Exchanges
 Types of Shares and Exchanges (Slides)
 Depository Receipts
 Depository Receipts (Slides)
 Types of Investors, Diversification and Volatility
 Types of Investors, Diversification and Volatility (Slides)
 Types of Indices Part I
 Types of Indices Part I (Slides)
 Types of Indices Part II
 Types of Indices Part II (Slides)
 Tracking Funds
 Tracking Funds (Slides)
 Exchange Traded Funds (ETF's)
 Exchange Traded Funds (ETF's) (Slides)
 Introduction to Derivatives
 Introduction to Derivatives (Slides)
 Forward Contracts
 Forward Contracts (Slides)
 Futures
 Futures (Slides)
 Equity Swaps
 Equity Swaps (Slides)
 Options
 Options (Slides)
 Structured Products (Warrants, Certificates and Notes)
 Structured Products (Warrants, Certificates and Notes) (Slides)

7
Futures & Options
 Types of Derivative Contracts and Their Characteristics FREE PREVIEW
 Types of Derivative Contracts and Their Characteristics (Slides)
 Derivatives Compared to Securities
 Derivatives Compared to Securities (Slides)
 Derivatives Defined
 Derivatives Defined (Slides)
 Futures Terminology and Contract Features
 Futures Terminology and Contract Features (Slides)
 Physical Delivery to Close a Futures Position
 Physical Delivery to Close a Futures Position (Slides)
 Cash Settlement, OTC Derivatives
 Cash Settlement, OTC Derivatives (Slides)
 Futures Clearinghouse and Third Party Contracts
 Futures Clearinghouse and Third Party Contracts (Slides)
 Futures Margins and Futures Contracts
 Futures Margins and Futures Contracts (Slides)
 Clearinghouse and Futures Trades
 Clearinghouse and Futures Trades (Slides)
 Comparing Futures Versus Underlying Positions
 Comparing Futures Versus Underlying Positions (Slides)
 Futures Position Cash Flows and Hedging with Futures
 Futures Position Cash Flows and Hedging with Futures (Slides)
 Futures Positions: Risk and the Cost Taking Position
 Futures Positions: Risk and the Cost Taking Position (Slides)
 Cost of Carry/Carrying Charges
 Cost of Carry/Carrying Charges (Slides)
 Cost of Carry Pricing and The Forward Pricing Curve
 Cost of Carry Pricing and The Forward Pricing Curve (Slides)
 Option Fundamentals: Contract Features and Terminology
 Option Fundamentals: Contract Features and Terminology (Slides)
 Option Contract Example: Long Call Positions
 Option Contract Example: Long Call Positions (Slides)
 Option Pricing Basics
 Option Pricing Basics (Slides)
 Time Value, Instrinsic Value and Moniness
 Time Value, Instrinsic Value and Moniness (Slides)
 Short Option Positions
 Short Option Positions (Slides)
 Investment Characteristic of Options
 Investment Characteristic of Options (Slides)
 Overview of Long Put, Short Call and Short Put Positions
 Overview of Long Put, Short Call and Short Put Positions (Slides)
 Option Pricing and Sensitivities (Option "Greeks")
 Option Pricing and Sensitivities (Option "Greeks") (Slides)
 Option Deltas
 Option Deltas (Slides)
 Delta Hedging
 Delta Hedging (Slides)
 Delta Neutral Hedging Example
 Delta Neutral Hedging Example (Slides)
 BlackScholes and Option Volatility (Vega)
 BlackScholes and Option Volatility (Vega) (Slides)
 Implied Volatility and Volatility Trading
 Implied Volatility and Volatility Trading (Slides)

8
Interest Rate Swaps
 Introduction of Swaps FREE PREVIEW
 Introduction of Swaps (Slides)
 Interest Rate Swap Basics
 Interest Rate Swap Basics (Slides)
 Interest Rate Swap Contract Features
 Interest Rate Swap Contract Features (Slides)
 Fixed for Floating Interest Rate Swaps
 Fixed for Floating Interest Rate Swaps (Slides)
 Periodic Settlement Payments on Interest Rate Swaps
 Periodic Settlement Payments on Interest Rate Swaps (Slides)
 Hedging Cash Flow Uncertainty with Interest Rate Swaps
 Hedging Cash Flow Uncertainty with Interest Rate Swaps (Slides)
 Net Interest Cost of a Synthetic Fixed Coupon Bond
 Net Interest Cost of a Synthetic Fixed Coupon Bond (Slides)
 OTC Clearinghouses
 OTC Clearinghouses (Slides)
 Cleared Swaps Versus OTC Swaps ExClearinghouse
 Cleared Swaps Versus OTC Swaps ExClearinghouse (Slides)
 Functioning of OTC Clearinghouses
 Functioning of OTC Clearinghouses (Slides)
 Terminating a Swap Before Maturity
 Terminating a Swap Before Maturity (Slides)
 Interest Rate Swap Pricing
 Interest Rate Swap Pricing (Slides)
 Pricing Fixed for Floating Interest Rate Swaps
 Pricing Fixed for Floating Interest Rate Swaps (Slides)
 Valuing Swaps, Hedging Cash Flow Uncertainty
 Valuing Swaps, Hedging Cash Flow Uncertainty (Slides)
 Managing the Cash Flow Risk of Fixed and Floating Rate Assets
 Managing the Cash Flow Risk of Fixed and Floating Rate Assets (Slides)
 Basis Swaps (Fixed Versus Floating Swaps)
 Basis Swaps (Fixed Versus Floating Swaps) (Slides)
 Capital Market Equivalents for the Fixed and Floating Rate Payers
 Capital Market Equivalents for the Fixed and Floating Rate Payers (Slides)
 Value Hedging, Asset Swaps
 Value Hedging, Asset Swaps (Slides)
 Variations in the Structure of Interest Rate Swaps
 Variations in the Structure of Interest Rate Swaps (Slides)
 Structuring and Pricing Basis Swaps
 Structuring and Pricing Basis Swaps (Slides)