NYIF Course Descriptions
Asset Backed Securities
Introduction to Asset Backed Securities
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining an asset-backed security
Evolution of the ABS market
Players in the ABS market
Comparing the ABS market to other fixed income markets
Structure and Rating of Asset Backed Securities
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Assets
Special purpose vehicles
Cash flows
Rating agencies and credit ratings
Credit enhancements
Major Sectors of the Asset Backed Securities Market
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Mortgage-backed securities
Credit card receivables
Auto loans
Home equity loans
Equipment leases
Collateralized debt obligations
Pricing and Trading of Asset Backed Securities
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Mechanics of pricing
Determining the spread
Relative pricing of ABS compared to other fixed income sectors
Relative pricing among ABS products
The Future of the Asset Backed Securities Market
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Development of new assets as collateral
Future development of existing ABS products
Use of derivatives
New structuring techniques
Growing global investment base for ABS products
Brokerage Operations
Introduction to Brokerage Operations
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The Importance of Brokerage Operations
Sales Department
Account Types
New Accounts Department
Back Office: The Order Room
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Order Processing
Order Routing
The Order Form
Basic Order Types
Special Orders
Back Office: Purchase and Sales
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Purchase and Sales Department
Recordation
Figuration
Calculating Bond Trades
Comparison
Trade-for-Trade versus Systematized
Back Office: The Margin Department
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Buying on Margin
Margin Accounts
How Margin Accounts Work
Calculating Equity and Debit Balance
Reg T Excess and Buying Power
Margin Regulation
Close Out
Back Office: The Cashier's Department
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Good Delivery
The Depository
Stock Transfer
Reorganizations and Corporate Actions
Settlement
Current Trends in Brokerage Operations
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Effects of automation
New trading systems and industry consolidation
New Regulations in Brokerage Operations
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Sarbanes-Oxley Act
USA Patriot Act
Basel II
Developments in International Brokerage Operations
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Typical International Trade
The role of the G30 in International Trade and Settlement
Global Straight-Through-Processing (Global STP)
Corporate Finance
Introduction to Corporate Finance
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Decisions of the corporate finance manager
Maximizing the welfare of stockholders
Managing the flow of funds
Maintaining access to markets and managing risk
The implications of efficient markets
The Time Value of Money
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Simple present value concepts
Present value formulas and examples
Simple future value concepts
Future value examples
More Time Value Applications
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Prices and returns of bonds and equities
Bond amortization
Capital Budgeting Overview
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Merits of using net present value vs. internal rate of return
Special capital budget problems
Examples: capital rationing, projects of different lives
After-tax weighted average cost of capital as discount rate
Calculating cost of debt, equity and cash flows on investments
The Financing Decision
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Modigliani and Miller propositions
Impact of bankruptcy and ownership structure on financing decisions
Impact of leverage on firm valuation
Finance for Nonfinancial Managers
Introduction to Financial Management
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
What is financial management?
Financial management goals
Introduction to key accounting concepts
Key Financial Statements
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Balance sheet
Income statement
Statement of cash flows
Notes to financial statements
GAAP and Audits
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Generally accepted accounting principles
The audit, including the management letter and auditor's report
Recording Financial Information
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Key concepts
Recording financial events in journals and ledgers
Using financial information to improve decision making, budget planning, proposals and communication of information
Budgeting for Nonfinancial Managers
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Elements of a budget
Using a budget to set goals, evaluate results and improve decision-making effectiveness, communication and coordination
Preparing a budget
Break-even analysis
Reading, understanding, organizing and using departmental budgets
Analyzing and Benchmarking Financial Information
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Summary of total process
Application of concepts and formulas
Basic financial ratio analysis
Time value of money
Fixed Income Securities
Bonds and Their Features
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining a bond
Bond terminology
Interest Rates and Bond Price
Pricing bonds
Bond Yields
Bond Price Factors
Physical characteristics of bonds
The Fixed Income Marketplace
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Treasury Bonds
Treasury Notes
STRIPS
TIPS
Municipal Bonds
Corporate Bonds
Money Market Securities
Treasury Bills
Bond Equivalent Yields
T-Bill Auctions
T-Bill Quotes
The Fixed Income Regulatory Environment
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Duration and convexity
The Federal Reserve System
Implementing FED policies
Call features
Put Options
Bond Risks
Forwards and Futures
Introduction to Forwards and Futures
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Definitions of forwards and futures
Spot vs. forward delivery
Basics of pricing
Characteristics of forwards
Characteristics of futures
Margin
Cash settlement vs. physical delivery
Forward Rate Agreements (FRAs)
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining a forward rate agreement
Hedging with forward rate agreements
Speculating with forward rate agreements
How forward rate agreements are priced
How the forward curve is constructed
Short-Term Interest Rate Futures
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Characteristics of short-term interest rate futures
Quoting conventions: forward rate agreements vs. short-term interest rate futures
How futures are listed
Applications of short-term interest rate futures
Role of Eurodollar futures in pricing other products
Note and Bond Futures
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Contract specifications
Conversion factors and cheapest to deliver
Invoice amount and accrued interest
Pricing: cash and carry
Finding the cheapest to deliver
Hedging with bond and note futures
Stock Index Futures
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Underlying indices
Characteristics and specifications of stock index future contracts
Determining the fair futures price
Using stock index futures
Adjusting hedge ratio for beta
Risks of Forwards and Futures
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Risks common to forwards and futures
Risks specific to forwards
Risks specific to futures
Mergers and Acquisitions
Overview of Mergers and Acquisitions
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Business expansion decisions: build it or buy it?
Key advantages of acquisitions
Acquisition of public vs. private companies
The players in the world of acquisitions
The acquisition process
Basics of financing the deal
Risk Considerations for Mergers and Acquisitions
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Risk vs. return analysis
Due diligence and uncovering incorrectly valued and unrecorded assets and liabilities
Conducting business through subsidiaries
Contingent liabilities
Turnaround candidates
Operational vs. financial problems
Valuing the Acquisition Candidate
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Determining the fair market value of a target company
Financial forecasting
Economic vs. accounting valuation
Valuation and overseas acquisitions
Financing the Acquisition
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Techniques for evaluating financial alternatives
Establishing the target capital structure
Financing with cash, secured debt, unsecured debt and stock
Structuring bank financing
Mezzanine financing
Integrating the Acquisition
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Dealing with people and systems
Divestment strategies
IPO's
Adding value in the new economy
Setting desired rate of return
Money and Banking
The Nature of Money
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Functions of money
Properties of money
Monetary vs. non-monetary economies
The gold standard
Measuring Money
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
How to define money
US Federal Reserve definitions
Calculating aggregates
Creating Money
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Deposits and lending
Multi-bank transactions
Federal Reserve transactions
Creation of money by the banking system
Creating the Federal Reserve System
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
History
Current structure
Roles of the Federal Reserve
Theory of Monetary Policy
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The classical approach
The Keynesian approach
The monetarist approach
The new classical theory
The new-economy argument
European Union
Implementing Monetary Policy
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Objectives of monetary policy
Open market operations
The discount window
Reserve requirements
Transmission mechanisms
International Banking
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Definition of international banking
History of international banking
The development of the Eurodollar market
The oil shock
International banking based in London
The Interbank market
Further innovation
Explanation of the money creation process from an international perspective
Central Bank Structure
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The significance of central banks
The evolution of central bank policy
Economic turbulence of the 1970s
Rectifying global economic policy: monetary targeting
Central bank independence
The three-part structure of central bank policy making
Central Banks Around the World
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The Bank of England
The European Central Bank
Bank of Japan
Approaches to central banking used in developing economies
Mutual Funds
Understanding Mutual Funds
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Industry overview and brief history
Net asset value
Fund families
Benefits and drawbacks of mutual funds
Various Mutual Fund Products
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Equity and fixed income mutual funds
Hybrid securities
Multifunds
Closed-end funds
Alternatives to mutual funds
Selecting the Right Mutual Fund
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Understanding fund objectives
Determining risk tolerance
Deciding asset allocation
Researching funds
Small-cap vs. large cap and value vs. growth
Operation of a Mutual Fund Company
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Organization of mutual funds
Open-end fund structure
Participants in a mutual fund
Fund fee structures
Buying and redeeming shares
Trends in the Mutual Fund Industry
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Boom in the industry
Shift to Defined-Contribution pension plans
Developments in fund types
Developments in fund types
Distribution channels
Global deregulation
Future of global mutual fund investing