UNC Capital Markets Certificate100 days, endless dividends

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UNC Capital Markets Certificate

The oldest public university in the United States, University of North Carolina at Chapel Hill was founded in 1789. Its business school (Kenan-Flagler) dates back to 1919 and has over 35,000 graduates in 81 different countries. Kenan-Flagler enjoys an international reputation as one of the top 20 business schools worldwide and has been recognized as the 11th best business school in the US by Bloomberg BusinessWeek and the #1 Online MBA program by US News and World Report.Graduates from across degree programs are recognized as leaders in the financial services industry.

FIRST FINANCE Institute (FFI) is the leading enabler of online education programs for premier business schools worldwide.FFI empowers its business school partners to capitalize on the growing demand for 100% online programs offered by top-tier academic institutions. The programs we enable are characterized by their dynamic, well-produced video content, asynchronous and synchronous learning environments, high level of social learning and a rigorous final examination. To reflect marketplace demands all the courses we develop are taught by subject matter experts and emphasize practical application rather than theory.Since 2013 more than 100,000 students from 30 different countries have enrolled in our online courses.

UNC and FFI have partnered to launch a brand new Online Certification Program in Capital Markets.

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Key Features

What is it?

New - and first of its kind - online curriculum made up of 3 courses (4 weeks each) Covering fundamentals of capital markets, fixed income products and foreign exchange products Taught by Wall Street veterans Stephen L. Weiss and Shelly Lombard and distinguished UNC Kenan-Flagler

Business School faculty Gregory Brown and Christian Lundblad Concluded by the Certificate in Capital Market Foundations exam from FIRST FINANCE Institute

An innovative digital program targeting students and executives willing to conveniently and effectively learn financial markets essentials, develop their professional expertise and earn a valuable credential from a top-ranked Business School.

For whom?

The program is open to anyone interested in developing a strong foundational understanding of capital markets, either beginning a career search, exploring new options or just looking to update core knowledge of financial services: Students looking for real-world financial training, recognition for the competencies gained and “resume

boosting” Executives willing to upgrade or refresh their professional skills: Junior Front Office / Middle & Back

Office / Capital Markets ITO / Wealth & Asset Managers / Marketing / Support Functions

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Key Benefits

Innovative Curriculum focusing on operational skills rather than theoretical knowledge: developed jointly by UNC Kenan-Flagler's world-class faculty in collaboration with FIRST FINANCE Institute.

Unlike traditional e-learning (usually cold, top down and... boring!), is based on a collaborative and community-based pedagogy to foster learners' engagement and knowledge acquisition.

Convenient online learning experience offering the flexibility to study anytime and anywhere - only a high-speed internet connection and web-enabled device are needed.

UNC recognition providing participants who successfully complete the program a great credential to add to their resume and LinkedIn profiles.

Develops professional expertise in just 100 days.

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Program Overview

Course 1: Introduction to Capital Markets Course 2: Fixed Income Markets Course 3: Foreign Exchange Markets

Each of the three courses takes an average of 20 hours to complete (five hours per week for each four-week course). Students will spend approximately 70 to 90 hours to complete the entire UNC certification program, including preparation for the final exam.

All of the three courses count as 55% of the overall program grade. The final exam incorporates content from each of the three courses and counts as the remaining 45% of the grade.

The online curriculum provides a highly interactive learning experience to maximise knowledge retention: Quizzes Graded exercises Discussion board Video chats Weekly live sessions with learners and instructors

The online certification program includes three courses designed to prepare and position students and working professionals for success in the financial services industry:

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INTRODUCTION TO CAPITAL MARKETS FIXED INCOME MARKETS FOREIGN EXCHANGE (FX) MARKETS

WEEK 1 Macroeconomic environment and capital markets, stocks &economic environment:- Role of the financial markets- Economic policy- Main economic indicatorsEquity:- Ordinary shares- Stock market indices - Equity Valuation

Money Markets:- Relationship between macroeconomics and interest

rates- Monetary policy of central banks- Unsecured loans- Secured loans- Day count factors and Business day conventions- Term structure of interest rates- FRA and STIR

Introduction to the Foreign Exchange market:- Specifics of the FX market- Cross rates- Monetary policies- Chinese currencies- Settlement

WEEK 2 Role of key players in financial marketsMain economic players:- Governments / Central Banks / Banks and Asset

Managers / Households / CorporatesBuy-side key players:- Definition- Non-financial companies / Retirement funds / Insurers

and mutual societies / Asset ManagersFundamental Notions:- Asset classes / Spot and forward / Vanilla derivatives

Bond markets- What is a bond?- Origination- Price quotation & accrued interest- Credit spreads & ratings- Rating agencies & credit ratings- Credit Sefault Swaps- Other types of bonds

Discounting cash flows:- Forward FX- Non Deliverable Forward- FX swaps- Advantages of FX swaps

WEEK 3 Options:- Profit and loss on options- Using options- Options strategiesFactors influencing the value of options:- Variation of underlying- Strike- Time- Volatility

Pricing:- Time value of money, discounting cash flows- Pricing of a fixed-rate bond- Yield to maturity- Zero-coupon bonds- Bond price analysis- Duration- Other sensitivities- Bond Management strategies

FX Options:- Principles of moneyness and valuation- Valuation of FX Options, Black and Scholes and

Monte Carlo- Hedging the FX risk

WEEK 4 Fixed Income Products, Discounting cash flowsFixed Income:- Overview- Fixed-rate government bonds- Bond valuation principles- Interest rate riskCredit products:- Credit Risk- Rating agencies- Credit spread

Fixed income derivatives:- Characteristics and uses of bond futures- Pricing principles for bond futures- Characteristics and uses of Interest Rate Swaps- Discount factors and forward rates- Pricing principles for Interest Rate Swaps- Building an Asset Swap- Calculating I-Spread, Z-Spread, and Asset Swap

SpreadConclusion

The Greeks: - Delta neutral management- Option strategies- Exotic options- Volatility smileConclusion

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Practical details

Dates:

2015: Cohort 1 begins on May 18, 2015 and runs till August 16th 2015 Cohort 2 begins on September 14th, 2015 and runs till December 6th, 2015

2016 onwards: The program will be run on a quarterly basis, so 4 intakes a year

Cost:

Retail Unit Price

2,500 USD

Corporate Packages

10 (min)-24 USD 2,250

25-49 USD 2,000

50-99 USD 1,750

100+ USD 1,500

The total cost includes 90-hours of learning.

Students will not need to purchase additional books or materials to complete the certification program.

The curriculum includes:• Three required courses• Printable learning aids• Printable course summaries• Unlimited access to qualified teaching assistants

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Thanks for your interest