Comprehensive course that focuses on the front-office and risk aspects of interest rate derivatives including swaps.
Welcome to “Mastering Interest Rate Derivatives,” the definitive online course designed for finance and interested engineering professionals, undergraduate and graduate students, consultants and analysts eager to deepen their understanding of the complex world of interest rate derivatives. This comprehensive course demystifies the intricate mechanisms of interest rate markets, offering learners a robust foundation in the theories, practical applications, and strategic insights needed to navigate this dynamic sector successfully.
What you’ll learn
- Learn about the workings of Interest Rate Derivatives in Capital Markets based on real-world, practical and rigorous information..
- Understand Interest Rate Derivatives: Grasp the functional details of interest rate derivatives and applications of interest rate swap use cases..
- Master IR Swap Pricing: Learn the end-to-end workflow to price interest rate swaps and understand their valuation..
- Build Interest Rate Curves: Develop skills in constructing and utilizing interest rate curves for financial analysis and decision-making..
- Cap and Floor Valuation: Gain expertise in pricing interest rate caps and floors, essential for risk management strategies..
- Understand Interest Rate Parity theory in foreign exchange markets.
- Understand Main and Money currency terminology in foreign exchange markets.
- Understand Central Bank Policy Implementation: Understand how the Federal Reserve acts in the market to influence the Fed Funds rate to achieve its goals…
- Navigate Capital Markets: Understand the functional areas of capital markets and their roles in the financial ecosystem..
Course Content
- Introduction –> 1 lecture • 8min.
- Interest Rate Fundamentals –> 1 lecture • 26min.
- Interest Rate Financial Instruments and Derivatives –> 1 lecture • 19min.
- Valuation of Swaps and Swap Use Cases –> 1 lecture • 42min.
- End-to-End Workflow to Price an Interest Rate Swap –> 1 lecture • 9min.
- Building of Interest Rate Curves –> 1 lecture • 42min.
- FX Concepts: Main/Money and Interest Rate Parity –> 1 lecture • 18min.
- Cap and Floor Pricing –> 1 lecture • 27min.
- The Federal Reserve System –> 1 lecture • 14min.
- The Federal Home Loan Bank System –> 1 lecture • 15min.
- Capital Markets Functional Areas –> 1 lecture • 16min.
- Appendix: Symbols and Definitions –> 1 lecture • 1min.
Requirements
Welcome to “Mastering Interest Rate Derivatives,” the definitive online course designed for finance and interested engineering professionals, undergraduate and graduate students, consultants and analysts eager to deepen their understanding of the complex world of interest rate derivatives. This comprehensive course demystifies the intricate mechanisms of interest rate markets, offering learners a robust foundation in the theories, practical applications, and strategic insights needed to navigate this dynamic sector successfully.
What You Will Learn:
- Interest Rate Fundamentals: Grasp the core concepts behind interest rates, including the theories and economic factors that influence their movement.
- Valuation of Swaps & Swap Use Cases: Dive into the valuation techniques of swaps and explore their diverse applications in hedging and speculating.
- Building Interest Rate Curves: Learn the art and science of constructing interest rate curves, a critical tool for pricing and risk management in the fixed income markets.
- Cap and Floor Pricing: Master the valuation and application of caps and floors, essential for managing interest rate exposure.
- FX Concepts and IR Parity: Understand the interrelationship between foreign exchange and interest rates, and how it affects international finance.
- The Federal Reserve System & FHLBs: Gain insights into the role of major financial institutions like the Federal Reserve System and the Federal Home Loan Banks in the interest rate derivatives market.
- Capital Markets Functional Areas: Explore the broader capital markets landscape, including the functional areas and their connection to interest rate derivatives.
- End-to-End Workflow to Price an Interest Rate Swap: Put theory into practice with a detailed walkthrough of pricing an interest rate swap, from entering economic information, generating curves with proper assumptions and calculating the value and greeks of the swap.
Why Enroll in This Course:
- Expert Instruction: Learn from seasoned professionals with years of experience on FICC trading floors and treasury departments in New York.
- Comprehensive Curriculum: This course covers everything from basic concepts to advanced strategies in interest rate derivatives.
- Practical Skills: Gain hands-on experience with real-world case studies, exercises, and an end-to-end workflow to apply what you’ve learned.
- Flexible Learning: Study at your own pace, with lifetime access to course materials on Udemy’s user-friendly platform.
Enroll Now and unlock the skills to master interest rate derivatives, leveraging this knowledge to advance your career, make informed investment decisions, and contribute to your organization’s success in the financial markets.