Fixed Income Fundamentals, Cfa L1 2016

The fundamentals of fixed-income investments.

What you'll learn

Get an understanding on Fixed Income Products

Prepare students for CFA L1 subject Fixed Income which is 10% of the total curriculum

Reduce their preparation time for this tough subject to less than one third

Requirements

Ideally students should be enrolled for taking the CFA exam and should be in possession of the official courseware

Description

This course will help candidates of CFA Level 1 prepare for the topic of Fixed Income. This course presents the fundamentals of fixed-income investments. Fixed income is one of the largest segments of global financial markets. This topic area comprises of 10% of the entire CFA L1 curriculum and is considered as one of the toughest subjects to prepare for through self study. The first reading introduces elements that define and characterize fixed-income securities. The second reading describes the primary issuers, sectors, and types of bonds. The third reading introduces calculation and interpretation of prices, yields, and spreads for fixed-income securities; market conventions for price/yield calculations and quotations; and spot rates, forward rates, and alternative definitions of a yield curve. The fourth reading describes the sources of return on fixed-income securities and measures and analysis of interest rate risk. The final reading introduces measures and analysis of credit risk of fixed income securities.The course will be completed in 8 lectures, none exceeding 20 minutes.

Overview

Section 1: Fixed Income_Basic Concepts

Lecture 1 Introduction

Lecture 2 Fixed-Income Securities: Defining Elements

Lecture 3 FIXED-INCOME MARKETS: ISSUANCE, TRADING, AND FUNDING

Section 2: Fixed Income Valuation

Lecture 4 FIXED-INCOME VALUATION_Part 1

Lecture 5 FIXED INCOME VALUATION_Part 2

Lecture 6 FIXED INCOME VALUATION_Part 3

Section 3: Revised: Asset Backed Securities

Lecture 7 Introduction

Lecture 8 Securitization Benefits

Lecture 9 Securitization Process

Lecture 10 Parties involved in the securitization process

Lecture 11 Structure of Securitization and Key role of an SPE

Lecture 12 Residential Mortgage Loans

Lecture 13 Residential Mortgage Backed Securities

Lecture 14 Collaterilized Mortgage Obligations

Lecture 15 Commercial MBS

Lecture 16 Non-Mortgage ABS

Lecture 17 Collaterialized Debt Obligations

Section 4: Fixed Income_Analysis of Risk

Lecture 18 Introduction to Fixed Income Risk Analysis

Lecture 19 Understanding Fixed-Income Risk and Return

Lecture 20 Fundamentals of Credit Analysis_Part 1

Lecture 21 Fundamentals of Credit Analysis_Part 2

Section 5: Lectures Repeated: without talking head

Lecture 22 Fixed-Income Securities: Defining Elements

Lecture 23 FIXED-INCOME MARKETS: ISSUANCE, TRADING, AND FUNDING

Lecture 24 FIXED-INCOME VALUATION_Part 1

Lecture 25 FIXED-INCOME VALUATION_Part 2

Lecture 26 FIXED-INCOME VALUATION_Part 3

Lecture 27 Introduction to Fixed Income Risk Analysis

Lecture 28 Fundamentals of Credit Analysis_Part 1

Lecture 29 Fundamentals of Credit Analysis_2

Lecture 30 Bonus Lecture: Coupon codes and Access to free courses

Students enrolled for CFA L1 for the first time,Students who had attempted CFA L1 but could not clear due to low performance in Fixed Income