2.0

credits

Average Course Rating

Capital market securities, and the bond and stock markets in which they are traded, represent a critical source of long term financing for corporations in the global economy. These securities also offer individuals and institutions opportunities to invest funds over extended time horizons and obtain a wide range of possible returns for given levels of risk. The capital markets provide companies with an equally wide range of financing options to fund large scale investment projects necessary for future growth. This course will cover two general categories of capital markets: (1) fixed income and (2) equities. We will explore different types of each instrument and what characteristic benefits each source of financing provides. A number of different fixed income products will be covered with an emphasis on understanding basic valuation techniques, contract design, and market mechanics. These are important concepts to understand when participating in the capital markets arena and successful managers should have a basic working knowledge of the capital market financing options. This course will also briefly review associated capital market derivative instruments.