Certificate Program inInvestment Banking
Birchwood University
Birchwood University is a globally recognized institution dedicated to academic excellence and industry-driven education. Our specialized Investment Banking program is designed to equip students with the analytical, financial, and strategic skills required to thrive in the fast-paced world of global finance. With a strong theoretical foundation and practical insights, our curriculum covers key areas such as financial modeling, mergers & acquisitions, capital markets, and risk management. Through hands-on training, industry partnerships, and expert-led sessions, we prepare students to excel in investment banking roles and navigate the complexities of financial markets with confidence.
The program aims to provide participants with comprehensive understanding of Investment Banking , equipping them with the knowledge and skills needed for the success in the field. It covers theoratical and conceptual frameworks , valuations, negotiation and transactions closing mechanics.
Module 1 | Financial Markets Overview
Financial System
Different Financial Markets and Participants and their function
Capital Market- Primary and Secondary Market
Broker/Dealer and their role
Role of Custodian, Depository, Exchanges
Buy Side and Sell Side,
Financial Regulator (SEBI, SEC, FCA)
Investment Bank vs Commercial bank
Exchanges and Clearing Agents
Module 2 | Equity Markets
Ordinary Shares vs Preference shares
Different types of preference shares
Share Capital and Types of Share Capital
Issued and Authorized share capital
Different Financial Ratios (EPS, P/E, ROCE, ROE etc.)
Process of IPO, Private Placement, OFS, FPO
Depository Receipts and Types of ADR, GDR and IDR
Order driven and Quote Drive markets
Module 3 | Fixed Income Securities
What is Fixed Income?
Types of Fixed Income (Corporate Bonds, Government Bonds, Zero Coupon Bonds, Junk bond, Convertible bonds, Callable Bond, Puttable bond, Deferred bond, Foreign Currency Bond etc)
Issuers of Fixed Income Securities
Difference b/w Equity and Bond
Bonds and its Risk
Current Yield and YTM (Yield to Maturity)
Dirty Price and Clean Price
Rates associated to a bonds and accrued Interest
Trade Economics in Fixed Income
Module 4 | Money Markets
What is a money Market?
Features of the Money Market
Interbank Lending
Advantages and Disadvantage of Interbank Lending
Treasury Bill, T notes and T Bonds
T-Bills- Primary Market
Investment Instruments- CDs, REPO, Commercial Paper,
REPO and Reverse REPO Deals
Capital Markets vs Money Markets
Pros and Cons of Money Markets
Module 5 | Derivatives Forward and Futures
Introduction Derivatives
Speculating and Hedging
Features of Derivatives
Value of Derivative Contract
Role of speculators and Hedgers
Types of Derivatives- OTC, ETD
Characteristics of Forwards and Futures
Risks involved in Futures and Forwards
Future Contract Margin
Settlement Mode in Futures Contract
Module 6 | Derivatives Option
Options Contract
Types of Options
Long and short call
Options Pricing
Options Styles
Options Premiums
Option Payoffs
Factors Affecting Premiums
Module 7 | Foreign Exchange Market
Elements of FX Trades
Types of FX Rate
Fixed Exchange Rate
Reserve Currency Board
Features of FX Market
Market Participants
Market Makers
PIPs
FX Quotations and types
Types of FX Trades
Non-deliverable Forwards
Currency Nick Names
Difference b/w Gross and Net Settlement
Rules of Netting
Module 8 | Foreign Exchange Marketatives Swaps
Elements of FX Trade
Types of FX Rate
Fixed Exchange Rate
Reserve Currency Board
Features of FX Market
Market Participants
Market Makers
PIPs
FX Quotations and types
Types of FX Trades
Non-deliverable Forwards
Currency Nick Names
Difference b/w Gross and Net Settlement
Rules of Netting
Module 9 | Trade Life Cycle and Reference Data Management
Introduction to TLC
Difference b/w OTC and Exchange TLC
Different offices in Investment Bank (Front/Middle and Back office)
Trade Execution and Capture
Trade Enrichment
Trade Validation
Trade affirmation and Confirmation
Trade Settlement
Trade Reporting and Reconciliation
Role of the Custodian
SSIs
CUSIP, SEDOL and ISIN
BIC codes and IBAN
Market data and Static Data
SWIFT
Systems-Bloomberg, Reuters, Markit
Module 10 | Reconciliation and Corporate Actions
Systems-Bloomberg, Reuters, Markit
What is Nostro and Vostro account?
What risks does reconciliation address?
Types of Reconciliation
Brokers Reconciliation
Cash management
Interest Claims
Depot/Position Reconciliation
What are Corporate Actions?
Examples of Corporate Action
Types of Corporate Actions? Mandatory and Voluntary Corporate action
Module 11 | Collateral Management and ISDA
What is Collateral management.?
Advantage and disadvantage of collateral mgmt.
Advantage and disadvantage of collateral mgmt.
Mark to Market, MTA, Threshold and Rounding
Uncleared Margin Rules
Collateral structure post financial crisis 2008
Risk involved in collateral mgmt.
What is ISDA?
What is Master agreement, schedule, confirmation and Credit Support Annex?
Paragraph 11 & 13
Module 12 | Time Value of Money
Present value and Future Value
Using Time Value of Money concepts for cash flow calculation
Single cash flow
Multiple cash flow Annuity
Perpetual cash flow
Amortization
Retirement Planning
Module 13 | Financial statements Analysis
What is financial statement Analysis?
Types of financial statements
Balance Sheet
Income statement
The statement of comprehensive Income
The statement of cash flows
Footnotes
Management discussion and Analysis
Audit
