{
  "title": "Financial Markets and Instruments (FMI)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/fmijv24-25",
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  "summary": "Financial Markets and Instruments Training Program Target Audience Mid-level to senior officials in central banks, ministries of finance, and financial regulatory agencies who are interested in more advanced finance topics than those covered in the Financial Market Analysis course.",
  "publishDate": "2025-07-16",
  "sections": [
    {
      "heading": "Training program and logistics",
      "content": "- Event: Financial Markets and Instruments (FMI), Session No.: JV 24.25.\n- Organizer: Institute for Capacity Development, IMF.\n- Location: Vienna, Austria.\n- Date: August 19-30, 2024 (2 weeks).\n- Delivery Method: In-person Training.\n- Primary Language: English.\n- Application status note: Deadline passed."
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - Mid-level to senior officials in central banks, ministries of finance, and financial regulatory agencies.\n  - Officials interested in more advanced finance topics than those covered in the Financial Market Analysis course.\n- Qualifications:\n  - Participants are expected to have an advanced degree in economics or finance or equivalent work experience.\n  - Course requires heavy use of Microsoft Excel spreadsheets; participants are expected to be proficient.\n  - Strong recommendation that applicants first complete the online Financial Market Analysis (FMAx) course."
    },
    {
      "heading": "Course description and pedagogical approach",
      "content": "- Purpose:\n  - Designed to give participants a foundation in financial instruments beyond bonds and equity covered in the FMAx course.\n- Content coverage:\n  - Short review of prior material.\n  - Detailed coverage of forwards, futures, swaps, and options.\n  - Combination of building-block instruments with practical applications.\n  - Policy implications, notably related to regulation of financial markets; separate course on financial sector policies recommended for those seeking more focus on policy.\n  - Misuse of financial instruments highlighted as a source of large losses and financial instability.\n- Teaching methods:\n  - Lectures to introduce underlying theory.\n  - Workshops and case studies to apply knowledge and test understanding of strategies.\n  - Participants are expected to prepare final presentations on a set of predetermined current financial market issues."
    },
    {
      "heading": "Course objectives and expected competencies",
      "content": "- Upon completion, participants should be able to:\n  - Explain the economic rationale for various financial instruments and markets.\n  - Identify and use the building blocks presented in the course to construct financial instruments.\n  - Use basic pricing models to identify possible mispricing and misuse of financial instruments.\n  - Identify threats to financial stability in markets and instruments based on case studies of previous financial crises.\n  - Extract lessons from previous financial stability threats to try to prevent their recurrence."
    }
  ],
  "bullets": [
    "Event: Financial Markets and Instruments (FMI), Session No.: JV 24.25.",
    "Organizer: Institute for Capacity Development, IMF.",
    "Location: Vienna, Austria.",
    "Date: August 19-30, 2024 (2 weeks).",
    "Delivery Method: In-person Training.",
    "Primary Language: English.",
    "Application status note: Deadline passed.",
    "Target Audience:",
    "Qualifications:",
    "Purpose:",
    "Content coverage:",
    "Teaching methods:",
    "Upon completion, participants should be able to:"
  ],
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  "generatedAtUtc": "2026-09-29T17:17:30.751Z"
}