Key Details

Duration: 2 Days

Delivery method: In-house

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 participant's awareness of the various aspects of the financial services industry to better perform their roles.

Who is this for?

This course is suitable for new or recent starters in financial institutions such as Banks, Insurance companies, Investment Management firms and 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 participants.

Industry Overview

  • An essential overview of the industry and its participants
  • Where various businesses like stockbrokers, fund managers, banks and exchanges fit into the broader picture
  • The importance and risks arising from the macro-economic environment
  • Key economic indicators; interest rates, inflation and gross domestic product

Equities in Focus

  • The first of the key instruments that are traded in the markets - equities
  • 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
  • Equity valuation techniques

Bonds in Focus

  • The pricing and analysis of bonds
  • Different types of bonds including:
    • government
    • corporate
    • Islamic
  • The importance of credit ratings

Asset and Wealth Management

  • Portfolio Management including:
    • asset allocation
    • stock selection
    • fund types
    • fund strategies
  • Overview of the statistical approaches taken in portfolio theory
  • Capital asset pricing model
  • Coverage of the broad principles of Wealth Management including:
    • retirement planning
    • estate planning
    • the impact of tax and use of trusts

Investment Management Simulation

The CCL Academy induction training often incorporates an investment management simulation. This places participants 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.