Overview

This course will introduce you to a wide variety of calculations and related concepts that are used by financial market participants in a wide variety of applications - calculating prices, rates of return, and yields for example. These concepts and more will be discussed.

This course consists of 15 modules, broken out into 3 sections:

  • Interest Rate Conventions and Time Value of Money
  • Debt Security Pricing
  • Bond Yields and Rates of Return

The course contains approximately 2 and a half hours of video content, and supplementary PDF files of the instructor's presentation are included to help participants follow along.

Learning Outcomes

At the end of this course, you will be able to...

  • Determine the relationship between price and yield on fixed income securities
  • Explain the interest rate and pricing conventions for fixed income instruments
  • Describe different day count and compounding conventions used in fixed income securities
  • Evaluate the dramatic difference between yield to maturity and realized rate of return
  • Calculate price of both coupon bearing and zero coupon bonds
  • Apply financial math applications as it is used in finance, banking, securities and insurance markets and jobs


Target Audience

  • All levels of participants are encouraged to take this course.

Course curriculum

  • 1

    Welcome to the course!

  • 2

    Slack Channel Discussion, Help + More

    • Slack Channel - Discussion Forum
    • If (and when) you need help...
    • Joining the Alumni Community
  • 3

    Interest Rate Conventions and Time Value of Money

    • Interest Rates and Yields FREE PREVIEW
    • Interest Rates and Yields (Slides)
    • Interest Rates and Rates of Return
    • Interest 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)
  • 4

    Debt Security Pricing

    • Pricing Zero Coupon Bonds FREE PREVIEW
    • 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)
  • 5

    Bond Yields and Rates of Return

    • 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)
  • 6

    Quizzes

    • Quiz 1
    • Quiz 2
    • Quiz 3
    • Quiz 4
    • Quiz 5
  • 7

    Final Examination

    • Final Examination
    • Final Exam: Launch Here
  • 8

    Next steps

    • Congrats! Here's what's next...
    • Yippee! You're an alumnus!
    • Alumni Slack Channel