Overview

The financial markets induction programme is designed for support staff and new joiners. The coverage will be topical, up to date, regionally relevant and designed to kick start the attendees’ awareness of the various aspects of the financial services industry to better perform their roles.

Who is this for?

New, or recent starters in financial institutions such as banks, insurance companies, investment management firms, sovereign wealth funds.

The course will also be extremely useful to those who are more experienced but work in support functions such as:

  • Compliance
  • IT
  • Human Resources
  • Finance

In addition the course is relevant for new or recent starters at service providers to the financial services industry, such as:

  • Law firms
  • Accountancy firms
  • Recruiters

The programme will provide vital awareness about the financial services industry and its unique jargon, with an interactive and enjoyable approach that will excite and energise the delegates.

Industry Overview

An essential overview of the industry and its participants, clarifying where various businesses like stockbrokers, fund managers, banks and exchanges fit into the broader picture as well as introducing the importance and risks arising from the macro-economic environment. This session incorporates key economic indicators, particularly interest rates, inflation and gross domestic product.

Equities in Focus

This session looks at the first of the key instruments that are traded in the markets - equities. This demonstrates the significance of equities for both the buy side and the sell side. Primary market activity in the form of IPOs and secondary market trading are both covered, as well as equity valuation techniques.

Bonds in Focus

After defining bonds, the pricing and analysis of bonds is explored. The various different types of bond are looked at including government, corporate, Islamic as well as the importance of credit ratings.

Asset and Wealth Management

Building on the bedrock of knowledge of equities and bonds, the training covers portfolio management generally including asset allocation, stock selection, fund types, fund strategies and an overview of the statistical approaches taken in portfolio theory and the capital asset pricing model. This is followed by coverage of the broad principles of wealth management including retirement planning, estate planning and the potential impact of tax and use of trusts.

Investment Management Simulation

The CCL Academy induction training often incorporates an investment management simulation. This places attendees in small teams, in the role of the portfolio manager, required to run a portfolio for a number of periods. The fund can be rebalanced at the end of each period, so the simulation is done a number of times during the programme. The performance of each fund is assessed and the winning team awarded a prize.