• Anytime
    Application Deadline
  • 35 days
    Duration

About

In this Debt and Money Markets - Concepts, Instruments, Risks and Derivatives course at Indian Institute of Management, Bangalore - IIMBx, part of the Professional Certificate program Risk Management in Banking and Financial Markets, we will examine the structure and functioning of money markets (short-term financial markets) as well as debt markets, the manifestation and impact of interest rate risks in those markets and how are they managed/mitigated.

The first part of this course will examine in detail money markets (short-term financial markets) such as call money markets, T-bills markets, repo markets, etc. that make up the ecosystem to effectively manage money supply (liquidity) and ensure stability of the financial system in the short-term.

The second part of this course will look at debt markets, the underlying theories such as time value of money, bond pricing and bond valuation, as well as the structure and functioning of debt markets including corporate bond market, government securities (T- bond) market and mortgages market.

Interest rate and inflation together are the most significant macro-economic variables that impact global financial markets, particularly debt markets, even more so given the free flow of capital across countries and the consequent emergence of globally interconnected financial systems. As a result, managing interest rate risks and its consequent impact on the riskiness and volatility of instruments traded in the money and debt markets have become exponentially more complex. 

This course will address the tools and techniques to manage the heightened level of interest rate risks. It will also look at derivative products such as futures, swaps and options and their role in not only helping institutions to hedge against those risks but also to speculate and make additional profits where possible.  

What you'll learn

In this course, we will examine:

  • Money markets (Short-term financial markets), such as call money markets, treasury-bills markets and REPO markets
  • The financial instruments traded in these markets and the underlying market mechanisms
  • The theories governing debt markets including time value of money, bond pricing and bond valuation
  • The nature, composition, structure and functioning of debt markets covering government securities (treasury-bonds), corporate bonds and mortgages
  • The risks in investing in the instruments traded in these debt markets, the pricing and trading aspects as well as the regulatory and market mechanisms governing these markets

Detailed Programme Facts

  • Deadline and start date A student can apply at any time for this programme, there is no deadline.
  • Programme intensity Part-time
    • Average part-time duration 35 days
    • Part-time variant
      Flexible
    • Duration description

      5 weeks

      3 to 4 hours per week

  • Languages
    • English
  • Delivery mode
    Online
    • Time flexibility
      Self-paced
  • More information Go to the programme website

Programme Structure

We will cover in detail:

  • Interest rate risk and its impact on the riskiness and volatility of instruments traded in money and debt markets
  • Address the tools and techniques to manage the heightened level and complexity of interest rate risks
  • Derivative products such as futures, swaps & options and their role in not only helping institutions to hedge against interest rate risks but also to speculate and make additional profits where possible

English Language Requirements

This programme may require students to demonstrate proficiency in English.

General Requirements

Prerequisites
  • Basic knowledge of statistics, mathematics and familiarity with banking and finance concepts.

Tuition Fee

  • International

    99 USD/full
    Tuition Fee
    Based on the original amount of 99 USD for the full programme and a duration of 35 days.
  • National

    99 USD/full
    Tuition Fee
    Based on the original amount of 99 USD for the full programme and a duration of 35 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Funding

Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

Wishlist

Did you know you can compare your wishlisted programmes with our new Comparison tool?