MODULE 1: CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT (3 Hours)

• Code of Ethics and Standards of Professional Conduct
• Guidance for Standards I-VII

MODULE 2: GLOBAL INVESTMENT PERFORMANCE STANDARDS (GIPS) & TIME VALUE OF MONEY (3 Hours)

• Introduction to the Global Investment Performance Standards (GIPS)
• Global Investment Performance Standards (GIPS)
• The Time Value of Money

MODULE 3: QUANTITATIVE METHODS 1 (3 Hours)

• Discounted Cash Flow Applications
• Statistical Concepts and Market Returns
• Probability Concepts

MODULE 4: QUANTITATIVE METHODS 2 (3 Hours)

• Common Probability Distributions
• Sampling and Estimation
• Hypothesis Testing
• Technical Analysis

MODULE 5: MICROECONOMIC ANALYSIS (3 Hours)

• Demand and Supply Analysis: Introduction
• Demand and Supply Analysis: Consumer Demand
• Demand and Supply Analysis: The Firm
• The Firm and Market Structures

MODULE 6: MACROECONOMIC ANALYSIS (3 Hours)

• Aggregate Output, Prices, and Economic Growth
• Understanding Business Cycles
• Monetary and Fiscal Policy
• International Trade and capital Flows
• Currency Exchange Rates

MODULE 7: FINANCIAL STATEMENT ANALYSIS 1 (3 Hours)

• Financial Statement Analysis: An Introduction
• Financial Reporting Mechanics
• Financial Reporting Standards

MODULE 8: FINANCIAL STATEMENT ANALYSIS 2 (3 Hours)

• Understanding Income Statements
• Understanding Balance Sheets
• Understanding Cash Flow Statements
• Financial Analysis Techniques

MODULE 9: FINANCIAL STATEMENT ANALYSIS 3 (3 Hours)

• Inventories
• Long-lived Assets
• Income Taxes
• Non-current (Long-term) Liabilities

MODULE 10: FINANCIAL STATEMENT ANALYSIS 4 (3 Hours)

• Financial Reporting Quality: Red Flags and Accounting Warning Signs
• Accounting Shenanigans on the Cash Flow Statement

MODULE 11: FINANCIAL STATEMENT ANALYSIS 5 (3 Hours)

• Financial Statement Analysis: Applications

MODULE 12: CORPORATE FINANCE (3 Hours)

• Capital Budgeting
• Cost of Capital
• Measures of Leverage
• Dividends and Share Repurchases: Basics
• Working Capital Management
• Financial Statement Analysis
• The Corporate Governance of Listed Companies: A Manual for Investors

MODULE 13: PORTFOLIO MANAGEMENT (3 Hours)

• Portfolio Management: An Overview
• Portfolio Risk and Return
• Basics of Portfolio Planning and Construction
• Market Organization and Structure
• Security Market Indices
• Market Efficiency

MODULE 14: EQUITY 2 (3 Hours)

• Overview of Equity Securities
• Introduction to Industry and Company Analysis
• Equity Valuation: Concepts and Basic Tools

MODULE 15: DEBT INVESTMENTS 1 (3 Hours)

• Features of Debt Securities
• Risks Associated with Investing in Bonds
• Overview of Bond Sectors and Instruments
• Understanding Yield Spreads

MODULE 16: DEBT INVESTMENTS 2 (3 Hours)

• Introduction to the Valuation of Debt Securities
• Yield Measures, Spot Rates, and Forward Rates
• Introduction to the Measurement of Interest Rate Risk

MODULE 17: DERIVATIVES (3 Hours)

• Derivative Markets and Instruments
• Forward Markets and Contracts
• Futures Markets and Contracts
• Option Markets and Contracts
• Swap Markets and Contracts
• Risk Management Applications of Option Strategies

MODULE 18: ALTERNATIVE INVESTMENTS (3 Hours)

• Alternative Investments
• Investing in Commodities