- Overview of Debt Contracts
- Players and Their Objectives
- Classification of Debt Securities
- Risk of Debt Securities
- Return-Risk History
Online
₹ 3,499
Quick facts
particular | details | |
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
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Course overview
The Certified Fixed Income Analyst Course familiarises students with price-yield conventions, compounding, monetary policies, corporate and treasury debt securities, mortgages, credit risk, interest rate swaps, and more topics associated with fixed income markets. The training provides an edge to the candidates in the competitive accounting, finance, and banking domain.
Along with government certification, the Certified Fixed Income Analyst Programme also allows students to master the handling of fixed income products.
Candidates will be skilled to work for several private and public organisations like KPMG, ICICI Prudential, Ernst Young, Franklin Templeton, and Non-Banking Financial Companies (NBFCs) as fixed-income analysts. The programme provides candidates with a hard copy of the study material.
Even after finishing the Online Certified Fixed Income Analyst Course, students can access the learning content for a lifetime. Students will have ‘Vskills certified’ tags on popular recruitment portals like Monster India and Shine.com. Vskills offers free practice tests and sample question papers for students to ace the certification exam.
The highlights
- Hard copy reading material
- Certification with lifelong validity
- Free practice tests
- Mock tests
- Government certification
- Tutorials
- Take online exam from anywhere
- Sample questions
- Vskills certified tag on Monster India and Shine.com
- Lifelong e-learning access
Program offerings
- Government certification
- Hard copy reading material
- Certification with lifelong validity
- Mock tests
- Tutorials
- Free practice test
- Sample questions
- Vskills certified label on monster india and shine.com
- Online exams
Course and certificate fees
Fees information
- The total cost for the Certified Fixed Income Analyst training course includes the programme fee and GST expense.
- Vskills recommends the students to check their official website at http://www.vskills.in for the latest fee structure. The expenses may change without prior notice.
Certified Fixed Income Analyst Fee Structure
Training Option | Fee (plus GST) |
Online LMS | Rs. 3,499 |
certificate availability
certificate providing authority
Eligibility criteria
However, to receive the certification at the end of the course, students need to qualify for a test. They must score at least 25 marks in the online exam.
What you will learn
After completing the Certified Fixed Income Analyst Training by Vskills, you will excel in the following topics:
- Fixed Income Markets and its organisation and transparency
- Price-yield conventions, yield curve, term structure
- Corporate and treasury debt securities
- Financial stress, mortgages, agency debt, inflation-linked debt
- Modelling credit risk
- Interest-rate swaps and derivatives on overnight interest rates
- Structured credit products and credit default swaps
- Corporate Debt Pricing
Who it is for
The Certified Fixed Income Analyst training course by Vskills significantly boosts the career growth opportunities of the professionals currently employed in the finance, accounting, and banking industry. Graduates and professionals who want to get a competitive edge in their fields should opt for this certification programme.
Admission details
Step 1: Visit the course page.
Step 2: Locate the ‘Certifications’ icon, and then choose ‘Accounting, Banking, and Finance’. Click on your training on the landing page with course listings.
Step 3: Or else you can also find the “Certified Fixed Income Analyst” using the search bar on the homepage.
Step 4: You will find a ‘buy now’ option. Click on it, and you will reach the ‘checkout’ page.
Step 5: Now, you must register yourself on Vskills. Furnish details like full name, email ID, contact number, region, customer group, and country. Decide upon a login password.
Step 6: Users who already have a Vskills account can simply log in to continue.
Step 7: Check your course fee, programme name, and other details before confirming. Now, you can press on ‘confirm order’ to proceed.
Step 8: You will now land on the payment page. Here pick a preferred mode and make the transaction through credit/debit card, digital wallet, net banking, or UPI.
Filling the form
Enrolling in the Certified Fixed Income Analyst course programme is a quick online process. Provide your name, contact number, email address, city, and state details to register on Vskills. Make the payment and start learning right away.
The syllabus
Overview of Fixed Income Markets
Price-Yield Conventions
- Concepts of Compounding and Discounting
- Yield to Maturity or Internal Rate of Return
- Prices in Practice
- Prices and Yields of T-Bills
- Prices and Yield of T-Notes and T-Bonds
- Price-Yield Relation Is Convex
- Conventions in Other Markets
Federal Reserve(Central Bank) and Fixed Income Markets
- Central Banks
- Monetary Policies
- Fed Funds Rates
- Payments Systems and Conduct of Auctions
Organization and Transparency of Fixed Income Markets
- Primary Markets
- Interdealer Brokers
- Secondary Markets
- Evolution of Secondary Markets
Financing Debt Securities: Repurchase (Repo) Agreements
- Repo and Reverse Repo Contracts
- Real-Life Features
- Long and Short Positions Using Repo and Reverse Repo
- General Collateral Repo Agreement
- Fails in Repo Market
Auctions of treasury Debt Securities
- Benchmark Auctions Schedule
- Conduct of Treasury Auctions
- Auction Theory and Empirical Evidence
- Auction Cycles and Financing Rate
Bond Mathematics: DVO, Duration and Convexity
- DV/PVBP or Price Risk
- Trading and Hedging
- Convexity
- Effective Duration and Effective Convexity Suggested Reading and References
Yield Curve and The Term Structure
- Yield Curve Analysis
- Term Structure
- Forward Rates of Interest
- STRIPS Markets
- Extracting Zeroes in Practice
Models of Yield Curve and the Term Structure
- Modeling Mean-Reverting Interest Rates
- Calibration to Market Data
- Interest Rate Derivatives
- A Review of One-Factor Models
Modeling Credit Risk and Corporate Debt Securities
- Defaults, Business Cycles, and Recoveries
- Rating Agencies
- Structural Models of Default
- Implementing Structural Models The KMV Approach
Cost of Financial Distress and Corporate Debt Pricing
- Reduced-Form Models
- Credit Spreads Puzzle
Mortgages, Federal Agencies and Agency Debt
- Overview of Mortgage Contracts
- Types of Mortgages
- Mortgage Cash Flows and Yields
- Federal Agencies
- Federal Agency Debt Securities
Mortgage-Backed Securities
- Overview of Mortgage-Backed Securities
- Risks: Prepayments
- Factors Affecting prepayments
- Valuation Framework
- Valuation of Pass-Through MBS
- REMICS
Inflation-Linked Debt: Treasury Inflation-Protected Securities
- Overview of Inflation-Indexed Debt
- Role of Indexed Debt
- Design of TIPS
- Cash-Flow Structure
- Real Yields Nominal yields, and
- Cash Flows, Prices, Yields and Risks of Tips
Derivatives on Overnight Interest Rates
- Overview
- Fed Funds Futures Contracts
- Overnight Index Swaps (OIS)
- Valuation of OIS
- OIS Spreads with Other Money Market Yields
Eurodollar Futures Contracts
- Eurodollor Markets and LIBOR
- Eurodollor Future Markets and LIBOR
- Deriving Swap Rates form ED Futures
- Intermarket Spreads
- Options on ED Futures
- Valuation of Caps
Interest-Rate Swaps
- Swaps and Swap- Related Products and Terminology
- Valuation of Swaps
- Swap Spreads
- Risk Management
- Swap Bid Rate, Offer Rate, and Bid -Offer Spreads
- Swaptions
Treasury Futures Contracts
- Forward Contracts Defined
- Futures Contracts Defined
- Futures Versus Forwards
- Treasury Futures Contracts
Credit Default Swaps: Single-Name, Portfolio, and Indexes
- Credit Default Swaps
- Players
- Growth of CDS Market and Evolution
- Restructuring and Deliverables
- Settlement on Credit Events
- Valuation of CDS
- Credit-Linked Notes
- Credit Default Indexes
Structured Credit Products: Collateralized Debt Obligations
- Collateralized Debt Obligations
- Analysis of CDO Structure
- Growth of the CDO Market
- Credit Default Indexes (CDX)
- CDX Tranches
Evaluation process
Vskills conducts an online exam with a duration of 60 minutes at the end of the course. Students must clear this test to get the certificate for the Certified Fixed Income Analyst online programme. Minimum marks are 25 for qualification, which is 50% of the total marks. The total number of questions is 50, and there is no concept of negative marking. Candidates get access to the sample question papers and mock tests as part of the curriculum to prepare for the test.
How it helps
After getting a certification from Vskills and completing the Online Certified Fixed Income Analyst Programme, students will become professional fixed-income analysts. Candidates will be fluent in analysing fixed income securities, credit, inflation, equity funds, financial distress, and debt to make intelligent recommendations in investment strategy.
Vskills also offers tags called ‘Vskills Certified’ on the Monster India and Shine.com job profiles of candidates to enhance their resume.
Several private and public companies that exclusively work with fixed income products hire fixed-income analysts. Most regular hires are usually from leading MNCs like Ernst Young, ICICI Prudential, KPMG, and Franklin Templeton. Students will also be skilled and qualified to be recruited in the finance or accounting departments of NBFCs.
FAQs
There is no fixed duration for the Certified Fixed Income Analyst training course; however, candidates need to sit for the exam within a year from the date of purchase.
You will get a hard copy of the curriculum and the rest of the learning material. Vskills will drop the study content to your postal address.
Your certification is valid lifelong.
It may take 7-10 days for the hard copy to reach your location. However, if you are applicable for e-learning content, you can access it right after making the payment.