The objective of this course is to equip participants with the essential knowledge and skills to understand and analyze the financial system and its instruments. By the end of the course, participants will be able to:

• Explain the role and structure of the financial system and its components
• Compare and contrast different types of financial markets and their characteristics
• Describe different types of financial instruments and their features and valuations
• Apply basic financial concepts and tools to evaluate financial instruments and markets
• Discuss the benefits and risks of using various financial instruments and markets

This course is designed for professionals who are interested in learning about the financial system and its instruments, their functioning, and their challenges. It is suitable for those who work in or interact with the financial sector, such as bankers, regulators, policymakers, consultants, analysts, investors, or educators. It is also relevant for those who want to enhance their general knowledge and skills in finance and economics.

By taking this course, participants will benefit from:

• Gaining a comprehensive and up-to-date understanding of the financial system and its instruments
• Developing analytical and practical skills to deal with financial matters
• Enhancing their professional competence and confidence in the financial sector
• Expanding their network and learning from peers and experts in the field

Day One:

Introduction to the Financial System

• What is the financial system and why does it matter?
• What are the main functions and components of the financial system?
• What are the key concepts and principles of finance and economics?
• What are the main sources of data and information on the financial system?

Day Two:

Money Market and Money Market Instruments

• What is the money market and how does it work?
• What are the main types of money market instruments (e.g., treasury bills, commercial paper, certificates of deposit)?
• What are the features and valuations of money market instruments?
• How are money market instruments traded and regulated?

Bond Market and Bonds

• What is the bond market and how does it work?
• What are the main types of bonds (e.g., government bonds, corporate bonds, municipal bonds)?
• What are the features and valuations of bonds (e.g., coupon rate, maturity date, yield to maturity)?
• How are bonds traded and regulated?

Day Three:

Stock Market and Stocks

• What is the stock market and how does it work?
• What are the main types of stocks (e.g., common stock, preferred stock)?
• What are the features and valuations of stocks (e.g., dividends, earnings per share, price-earnings ratio)?
• How are stocks traded and regulated?

Day Four:

Foreign Exchange Market and Currencies

• What is the foreign exchange market and how does it work?
• What are the main types of currencies (e.g., major currencies, emerging market currencies)?
• What are the features and valuations of currencies (e.g., exchange rate, purchasing power parity)?
• How are currencies traded and regulated?

Day Five:

Derivative Market and Derivatives

• What is the derivative market and how does it work?
• What are the main types of derivatives (e.g., futures, options, swaps)?
• What are the features and valuations of derivatives (e.g., underlying asset, contract size, strike price)?
• How are derivatives traded and regulated?

To enhance learning and practical application of concepts, the training course will use a combination of interactive lectures, case studies, group discussions, practical exercises, and real-world examples. Participants will also get the chance to collaborate on group projects and create action plans adapted to the needs of their respective organizations.