The Complete Guide to the Global Capital Markets 2026

In this module, you will learn about the concept of interest rates, including how they are determined and how they impact economic decisions.

This module covers important international conventions related to the course material.

In this module, you will learn about the concept of the time value of money and its applications.

This module covers the basics of compounding and its applications in finance.

In this module, you will learn about the concept of continuous compounding and its applications.

This module covers the process of pricing zero coupon bonds and their characteristics.

In this module, you will learn about the process of pricing cash flows using present value techniques.

This module covers the relationship between bond prices and yields, and how they are impacted by market conditions.

In this module, you will learn about the process of pricing discount securities and the factors that impact their value.

This module covers bond equivalent yields and how they are used to compare different securities.

In this module, you will learn more about bond yields and how they are impacted by various factors.

This module covers the difference between yields and returns, and how they are used in finance.

In this module, you will learn about how assumptions impact bond yields and how to use them in financial analysis.

This module covers yield to maturity and its importance in the bond market.

You will apply core financial math concepts to real-world scenarios by analyzing interest rates, calculating time value of money, evaluating bond pricing, and comparing yield measures across instruments.

In this module, you will learn about fixed income securities and their characteristics.

This module covers sources of return and types of risk associated with fixed income securities.

In this module, you will learn about government and government agency securities and their characteristics.

This module covers corporate and structured securities and their unique characteristics.

In this module, you will learn about bond pricing and valuation techniques.

This module covers yield curves, credit markets, and their relationship with the business cycle.

In this module, you will learn about the relationship between yield curves, monetary policy, and the real economy.

You will apply fixed income analysis skills to interpret yield curves, calculate duration, estimate forward rates, and model bond valuation scenarios. This activity simulates how fixed income professionals assess interest rate risk and returns.

This module covers equity securities and their unique characteristics and risks.

In this module, you will learn about the investment characteristics and valuation of equity securities.

This module covers the use of earnings multiples (P/E ratios) in equity valuation.

You will analyze a wide range of fixed income securities by performing bond pricing, yield calculation, risk classification, and interpretation of structured debt products. This activity simulates practical fixed income evaluation scenarios.

In this module, you will learn about currency markets and the factors that impact exchange rates.

This module covers the types and characteristics of derivative contracts.

This module covers the real meaning of "Derivatives" and their use in managing risk, concluding the course.

You will explore equity product structures, analyze trading strategies, interpret market indices, and evaluate basic derivatives linked to equity performance. This activity mirrors real tasks of equity analysts and traders.

In this module, you will learn about the types and characteristics of derivative contracts.

This module covers the differences between derivatives and securities.

In this module, you will learn about the definition of derivatives and how they are used in finance.

This module covers futures terminology and contract features in the derivatives market.

In this module, you will learn about the process of physical delivery to close a futures position.

This module covers cash settlement in OTC derivatives markets.

This module covers the role of a futures clearinghouse and third party contracts in futures markets.

This module covers futures margins and the characteristics of futures contracts, including delivery terms and price quotes.

This module covers clearinghouse processes for futures trades and the role of third parties in futures contracts.

In this module, you will learn about the differences and similarities between futures contracts and their underlying positions, including the potential risks and benefits of each.

Learn how to use futures to manage risk and protect cash flow in this module on futures position cash flows and hedging strategies.

In this module you will learn about the risks and costs of taking a futures position, and how to use futures for hedging purposes.

In this module, you will learn about the costs associated with holding an asset over a period of time, known as carrying charges.

This module covers the use of cost of carry in determining forward prices and the shape of the forward pricing curve.

In this module, you will learn the fundamental features and terminology of options contracts.

This module includes examples of long call option positions and how they can be used in various market scenarios.

In this module, you will learn the basics of option pricing and how it is determined.

This module covers the concepts of time value, intrinsic value, and moniness in option pricing.

In this module, you will learn about long put, short call, and short put positions and how they can be used in various market scenarios.

This module covers the investment characteristics of options and how they differ from other financial instruments.

In this module, you will learn about long put, short call, and short put positions and how they can be used in various market scenarios.

This module covers the use of option pricing and sensitivities, known as the option Greeks, in making informed trading decisions.

In this module, you will learn about option deltas and how they can be used to measure the price movement of options contracts.

This module covers the use of delta hedging to mitigate the risk of holding options contracts.

In this module, you will learn about delta neutral hedging through examples and how it can be used to manage risk in option trading.

This module covers the Black-Scholes model and the use of option volatility, specifically vega, in option pricing.

In this module, you will learn about implied volatility and how it is used in volatility trading strategies.

You will apply futures and options concepts to calculate margin requirements, interpret contract mechanics, evaluate payoff structures, and estimate basic option sensitivities. This activity builds real-world understanding of how derivative contracts are structured and used.

You will evaluate how interest rate swaps function by analyzing fixed vs. floating cash flows, comparing clearing structures, and calculating swap pricing. This activity helps develop skills relevant for treasury and risk management professionals.