NYIF Course Descriptions
Derivative Instruments
Basics of Forwards and Futures
Price: $ 120.00
Continuing Education Credit: 2 hours
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
Introduction to Options
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Leveraging Investment
Strategies for Investing with Options
Speculating with Options
Limitations of Options
Writing Puts
Writing Calls
Covered Versus Uncovered Writing
Writing Covered Puts
Option Pricing Terminology
Intrinsic Value and the Time Value of Options
Factors Affecting Option Pricing
The Underlying and the Strike Price
Volatility
Risk Free Interest Rate
The Greeks
Other Option Types
Trading Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Exchanges
Brokers and Dealers
Auction Exchanges
International Option Exchanges
OTC Exchange
Internet Exchanges
Margin on Futures
Introduction to Swaps
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Plain Vanilla Swaps
Interest Rate Swaps
Currency Swaps
Interest Rate Swap Pricing
Swap Facilitators
Equities
Common Stock
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Why people own stock
Business risks associated with common stock
Types and characteristics of common stock
Reading stock listings
Preferred Stocks
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Preferred stock vs. bonds
Identifying preferred stock
Calculating return on preferred stock
Risks associated with preferred stock
Types of preferred stock
Equity-Linked Issues
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Subscription rights
Warrants
Convertible bonds
ADRs and EDRs
Indexes
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Stock indexes
Stock index mutual funds
Index options
Financial Statement Analysis
Introduction to Financial Statements
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Understanding business as a financial system where management makes decisions in three key areas: investment, financing and operations
Description of profit & loss, balance sheet, and cash flow statements
Using profitability and risk ratios to compare companies across different sizes and industries
Risk Analysis Using Ratios
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Risk ratio analysis
Two different perspectives on analyzing companies using financial statements
Selecting the ratios to use in your analysis
The Impact of Accounting Principles
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Adjusting for differences in reporting to put companies on a comparable basis
Accounting principles governing income recognition and valuation of assets
Accounting principles governing liability recognition
Valuation of corporate acquisitions
Valuation Basics
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Tools and techniques for valuing companies for acquisition, legal or investing purposes
Developing pro forma financial statements
Cash-flow based approach to valuation
Guideline companies approach to valuation
Fundamentals of the Securities Industry
Introduction to the Securities Industry
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The investment world
The primary market
Types of underwriting
The securities industry
Investment banking
Introduction to Equity Securities
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Common and preferred stock
Warrants
Convertible bonds
Characteristics of common stock
Rights
ADRs and EDRs
Introduction to Debt Securities
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Corporate bonds
US government bonds and agency securities
Municipal bonds
Valuation: credit ratings and yield
Zero coupon bonds
Trading Securities in the Secondary Markets
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Exchange markets
Types of orders
Margin
Over-the-counter markets
Analysis
Short sales
Processing Securities Transactions
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Order processing
Operations departments
Settlement and delivery
Hedge Funds
Introduction to the Hedge Fund Industry
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Characteristics that define hedge funds
Popular misconceptions
History
Size and growth
Legal structures
Industry players
How a Hedge Fund Works
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Sources of return
Statistical measures
Management and incentive fees
Leverage
Portfolio construction
Risk management techniques
Hedge Fund Strategies
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Long/short equity
Global macro
Event-driven
Emerging markets
Equity market/neutral
Convertible bond arbitrage
Dedicated short bias
Managed futures
Fixed income arbitrage
Issues for Hedge Fund Investors
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Due diligence
Constructing a hedge fund portfolio
Risk management strategies
Transparency issues
Liquidity issues
Client suitability
Sources of information on hedge funds
Fund-of-funds
Options
Options Terminology
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Call and put options
Exchange-traded vs. over-the-counter (OTC) options
Call option valuation at expiration
Payoff and value profiles
Option valuation before expiration
Fundamentals of Options Products
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Stock (or equity) options
Index options
Futures options
Options on interest bearing securities
Currency options
Interest rate options: caps, floors and collars
Option Combination Strategies
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Horizontal and vertical spreads: bull and bear spreads
Portfolio strategies: protective puts and writing covered calls
Volatility plays: straddles and strangles
Factors That Impact an Option's Value
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Put–call parity
Expected value model
Single- and multi-period binomial lattice models
Factors that determine the value of options
Pricing Options
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Mean and standard deviation
Historical vs. implied volatility
Probability distribution functions
Convergence of the Binomial Model with Black-Scholes
Black-Scholes model
American option pricing models
Option Sensitivities
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Introducing the Greeks
Delta
Impact of moneyness on Delta
Delta hedging
Gamma
impact of moneyness on Gamma
Theta
Vega
Rho and Psi
Portfolio Management I
The Institutional Investor
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The portfolio management process
Types of institutional investors
The Individual Investor
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Five way model
Risk and the individual investor: an examination of portfolio goals
Individual vs. institutional investors
Money Markets and Portfolio Management
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Different types of money market funds
Advantages and disadvantages of different types of money market funds
Government treasury bills including bank discount basis and bond equivalent yields
Selecting investment vehicles based on the needs of a hypothetical client
Managing Portfolios with Bonds
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Characteristics of long-term debt instruments
Key terms related to the bond market
Assessing the utility of different debt instruments
Managing Portfolios with Equities
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Compare and contrast methods for valuing equities
Dividends, earnings and assets
Identifying attractive equities for investment
Portfolio Theory: Risk and Return
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
The role of risk in portfolio management
Relationship between risk and return
Risk measurement techniques
Portfolio Theory: Portfolio Monitoring
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Alternative strategies
Rebalancing a portfolio
Methods for evaluating portfolio returns
Assessing client satisfaction with risk/return balance
Portfolio Management II
Bond Valuation
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Discounted cash flow
Valuing fixed income instruments
Theories behind the yield curve
Portfolio Volatility and Duration
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Factors affecting bond volatility
Duration, modified duration and convexity
Advanced Equity Valuation Techniques
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Dividend discount models
Free cash flow approach
Capital asset pricing model
Advanced Portfolio Management Theory
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Modern portfolio theory
Asset pricing theory
Arbitrage pricing theory
Global Investing and Alternative Investments
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Advantages of global investing
Emerging markets
Types of alternative investments
Assessing investor suitability for alternative investments
Indexation
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Birth of indexation
Advantages and disadvantages
Indexation techniques
Style Investing
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
What is style investing?
Style categories
Evaluating Portfolio Performance
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Risk-adjusted measures
Performance attribution analysis
International performance standards
Risk Management Using Derivatives
Introduction to Risk Management
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Understanding risk management
How risks arise
Risk categories
Identifying Risks
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Understanding and implementing the risk
Types of risk
Defining and utilizing natural hedging
Managing Foreign Exchange Risk Using Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining foreign exchange risk
Applying derivative risk management techniques
Managing Short-Dated Domestic Interest Rate Risk Using Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining short-dated domestic interest rate risk
Applying derivative risk management techniques
Managing Long-Dated Domestic Interest Rate Risk Using Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining long-dated domestic interest rate risk
Applying derivative risk management techniques
Managing Long-Dated Foreign Interest Rate Risk Using Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining long-dated foreign interest rate risk
Applying derivative risk management techniques
Managing Equity Risk Using Derivatives
Price: $ 60.00
Continuing Education Credit: 1 hour
Topics Covered:
Defining equity risk
Applying derivative risk management techniques
Short Term Trading
Overview and History of Short Term Trading
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Evolution of short-term trading
Who is today's short-term trader?
SOES and scalping
Contribution of new technologies
Getting started as a short-term trader
Market Indicators and Information
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Market indicators and analysis
Market indicators to watch
Economic news releases and market information
Technical Analysis for Day Trading
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Charting, time frames and prices
Trendlines
Volume
Pattern analysis
Moving averages
Research, Planning and Executing Day Trades
Price: $ 120.00
Continuing Education Credit: 2 hours
Topics Covered:
Properly planning and preparing for a trading day
Correlation and its affect on trading
Risk and money management
Executing the trade
Setting time parameters and re-evaluating