Financial Markets And Treasury Instruments (Full Course)

A Guide to the Most Commonly Used Financial Instruments, and How Businesses Use Them to Maximize Financial Efficiency

What you'll learn
The purpose and functions of a treasury department
Working Capital Management
Knowledge of treasury products (in terms of features, benefits, risks and their use in risk mitigation strategies)
Money market instruments, pricing & market conventions for trading (Negotiable Certificates of Deposit, Treasury Bills, The Repo Market, and Commercial Paper)..
Debt: the main types of debt facilities and their characteristics
Equity: Introduction to the Capital Asset Pricing Methodology (CAPM), and Weighted Average Cost of Capital (WACC)
The Business Lifecycle (launch, growth, maturity, and decline) and its effect on revenue, debt, and working capital
Business day conventions, and day-count conventions used by traders in financial markets
Simple and compound interest and discount rates
Central or Reserve banks, their functions and how they operate
Explanation of various rates quoted in the market (Fed Funds, Repo, Prime, Discount, Overnight etc.)
An introduction to derivative products (forwards, futures, options, and structured products combining all of the above)
An introduction to replicating portfolios and no-arbitrage pricing assumptions
The fixed-income market (forward-rate agreements, interest rate swaps, and bonds)
Foreign exchange markets (market conventions, cross exchange rates, forward exchange contracts, and cross currency swaps)
Requirements
Basic financial literacy and basic mathematical ability
Description
Are you a junior analyst working in a financial role? Do you wish to receive a solid grounding on the most important financial instruments that are used by companies to solve their everyday financial problems or maximize their financial efficiency?Do you want to understand how the systems of central (reserve banks), inter-bank markets, capital markets and equity markets fit together?If you answered yes to any of these questions above then this course is for you! The Financial Markets and Treasury Management Course brings together all of the knowledge I have acquired in my studies of Advanced Mathematics of Finance, combined with my years of experience as a dealmaker at one of the largest investment banks in Africa. In today's ever-changing and unpredictable world, multi-disciplinary knowledge is vital in expanding one's problem solving toolkit. The concepts taught in this course are extensive and cover a broad area of financial markets (from government treasury, to corporate treasury), and most of the commonly traded financial instruments seen in these markets.Use this course to broaden your area of expertise in general financial markets, and deepen your understanding of how all the various cogs in the system align and come together to form the financial ecosystem underpinning the global economy.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Working Capital Management

Lecture 2 Working Capital Management

Section 3: Debt

Lecture 3 Debt

Section 4: Equity

Lecture 4 Equity

Lecture 5 Bonus Lesson 1: Characteristics of Betas

Lecture 6 Bonus Lesson 2: Levered vs Unlevered Betas in Company Valuations

Lecture 7 Case Study: WACC, Share buy-backs and Government Stimulus

Section 5: The Business Life Cycle

Lecture 8 The Business Life Cycle

Section 6: Financial Markets

Lecture 9 Financial Markets Part 1: Key Terms and Concepts

Lecture 10 Financial Markets Part 2: Business-day and Day-count Conventions

Lecture 11 Financial Markets Part 3: Simple and Compound Rates of Interest

Section 7: Money Market Instruments

Lecture 12 Money Market Instruments Part 1: Treasury Bills

Lecture 13 Money Market Instruments Part 2: NCDs and Other Money Market Instruments

Section 8: The Central or Reserve Bank and Various Rates Quoted in the Market

Lecture 14 The Central or Reserve Bank and Various Rates Quoted in the Market

Section 9: Arbitrage

Lecture 15 Arbitrage

Section 10: Derivative Products

Lecture 16 Derivative Products Part 1: Forwards

Lecture 17 Derivative Products Part 2: Futures

Lecture 18 Derivative Products Part 3: Options

Section 11: The Fixed-income Market

Lecture 19 The Fixed-income Market Part 1: FRAs

Lecture 20 The Fixed-income Market Part 2: PV01

Lecture 21 The Fixed-income Market Part 3: Features of Bonds

Lecture 22 The Fixed-income Market Part 4: Bond Pricing

Lecture 23 The Fixed-income Market Part 5: Risk Measures for Bonds

Lecture 24 The Fixed-income Market Part 6: Repos and Buy/Sell Backs

Section 12: Foreign Exchange Markets

Lecture 25 Foreign Exchange Markets Part 1: Features and Cross Exchange rates

Lecture 26 Foreign Exchange Markets Part 2: FECs and Cross-currency Swaps

Junior analysts working in treasury or financial departments, or experienced professionals looking for a refresher course on the theoretical concepts behind the functioning of financial markets