Training Catalog Session Details

Upon completion of this course, participants should be able to: Price a variety of financial assets (money market instruments, bonds, and equities) using the present value (PV) principle. Measure and compare different yield measures for financial assets. Construct and estimate a yield curve on the basis of readily available information and use several theories to interpret its behavior. Relate differences in the valuation of single equities or markets to economic fundamentals. Construct an optimal portfolio of risky assets using historical return data and assess likely changes in its composition as macroeconomic conditions change. Assess the market risk of an investment by calculating its value at risk (VaR), stressed VaR, and expected shortfall, and use back-testing to evaluate the accuracy of past VaR.