Finance Foundations

Finance/Economics class content:

• Session 1:
  – Investment industry
  – Ethics and investment professionalism
  – Regulation, regulatory processes
• Session 2:
  – Quantitative concepts
  – Time value of money
  – Interest
• Session 3
  – Macro/micro economics
  – Monetary and fiscal policy
  – Supply and demand
• Session 4:
  – International economics
  – Exchange rates
  – Currencies
  – How countries interact with each other
• Session 5:
  -Financial statements
  -Balance sheet, income statement, cash flow statement
  -Financial ratios (i.e current ratio, quick ratio, ROA, etc.)
• Session 6:
  – Debt securities (bonds)
  – Key features (par value, coupon rate, maturity date)
  – Yield Curve
• Session 7:
  – Equity securities (stocks)
  – Key features (life, par value, voting rights, cash flow rights)
• Session 8:
  – Derivatives
  – Types of derivatives (forwards, futures, options, swaps)
  – Differences between types of derivatives
• Session 9:
  – Alternative investments
  – Private equity, real estate, commodities
  – Why investors buy alternative investments
• Session 10:
  – Investment vehicles and management
  – Direct vs indirect investments
  – Active management vs passive management
  – Functioning of financial markets
  – Primary markets and secondary markets
• Session 11:
  – Risk management
  – Risk assessment (risk matrices, risk measures)
• Session 12:
  – Performance evaluation
  – Sharpe and Treynor ratios
  – Relative returns

The teacher reserves the right to modify the curriculum content.