Financial Market Analysis (FMA)

Target Audience:

This course is for junior to mid-level officials in central banks ministries of finance and regulatory agencies.

Qualifications:

Participants are expected have an advanced degree in economics or equivalent experience. No background in finance is assumed but participants must have some familiarity with basic techniques in statistics and probability. It is essential that participants be able to use Microsoft Excel.

Course Description:

***Please use Online Nomination System Link to apply.*** This two-week course presented by the IMF's Institute for Capacity Development introduces participants to the fundamentals of financial analysis that are part of the toolkit of policymakers. These tools are used to study the characteristics of various financial instruments and their pricing as well as to analyze portfolios of assets and the basics of risk management. Topics include- Bond pricing and volatility--duration and convexity- term structure of interest rates- equity pricing- asset allocation and diversification and- value at risk.Workshops which are an integral part of the course require participants to apply the techniques presented.