Length: |
1 day |
Difficulty: |
Advanced |
Price: |
490€ + VAT 20% (588€), or individual (in-house) |
Place: |
In-house (On-line / On-site) |

- Introduction to the capital market – the history, importance and participants of the bond and stock market
- Capital market structure: debt securities (bonds), stocks, overview of other instruments
- Mathematics: capital yield vs. interest income, present value principle, yield curve and zero curve, modified duration, convexity, discount factors, zero concept
- Primary and secondary market
- Bonds
- The conventions and mathematics of the bond market
- Fixed-, variable- and zero-coupon bonds
- Government, bank and corporate bonds
- Covered and uncovered bonds, convertible bonds, perpetual bonds
- Bonds with embedded option (callable bond)
- Valuation of bonds
- Credit spread on the bond market, credit-spread risk vs. interest risk, management of the bond portfolio in a bank
- Bond market derivatives (repo, bond future, bond options)
- Shares
- Stock-exchange
- Stock indices
- Funds
- ETF (exchange traded funds)
- Stock market derivatives (forwards, single stock future, index future, stock swaps, stock option)
- Trading strategies on stock markets (CAPM, alpha, beta)
- Leveraged strategies: short selling a margin buying
- Examples and practical case studies, calculations and explanations in excel (SimTrea)
Bearning Case Studies and Simulation
Bearning Capital Market Workshop is supported by excel based case studies and simulations - Bearning SimTrea.

Target group:
- Bank professionals interested to understand the capital markets
- Asset managers
- Product managers and project managers for Treasury area
- Bank professionals and experts from other related departments (audit, risk management, back-office, compliance ....)
Preparation or additional learning (optional):
Bearning E-learning in the form of script and/or texts, questions, multi-level tests, solutions and explanations. Large discounts for workshop participants (30-50%)!
Bearning capital market workshop is adjustable for the target group according to your bank's needs, extent 1 to 2 days. This training is available in-house for a bank or an organized group of professionals.
