Certified Investment Banking Professional (CIBP) - Foundation
The participants will be introduced to the fundamentals of investment banking including asset products and liability products as well as capital markets. On completion of the program, the participants will be able to understand the intricacies, terminologies / jargons of investment banking/capital markets products, market processes.
Course contents
Introduction to Investment banking
- History of investment banking
- Difference between commercial bank and investment bank
- Investment banking product and services
Financial markets
- Brief introduction to financial markets including capital markets
- Role of financial markets
- Market concepts
- Primary market vs. secondary market
- Third market and fourth market
- Order driven market vs. quote driven markets
Trade types
- Exchange traded transactions
- OTC transaction
- Auctions
- Private placements
- Kerb deals, block deals, bulk deals
Terminologies
- Interest
- Floating
- Fixed
- Cap/Floor/Collar
- Dividend
- Yield To Maturity
- Duration
- Margin calls
- Brokerage
- Day count convention
- Unscheduled holiday
- DvP and PvP mechanisms
- Trading book
- Mark to market
- Held for trading/available for sale/held till maturity
Entities in securities market
- Issuer
- Market Regulator/s
- Participants
- Intermediaries
Products types
- Money Market instruments
- Treasury Bills
- Certificates of deposits
- Commercial paper
- Bankers acceptances
- Eurodollars
- Repos and reverse repos
- Federal funds
- Brokers calls
- Bond Market instruments
- Treasury notes
- Government bonds/GSECS
- Federal agency debt
- Municipal bonds
- International bonds
- Eurobonds
- Corporate bonds
- Mortgage backed securities (MBS) and Asset backed securities (ABS)
- Collateralised Debt Obligation (CDOs), Collateralised Loan Obligation (CLOs) and Collateralized Bond Obligation (CBO)
- Floaters/Reverse floaters
- Equity products
- Common stock vs preferred stock
- Basics
- Listing and trading
- Quotations
- Bonus shares
- Rights and warrants
- American Depository Receipts (ADR) and Global Depository Receipt (GDR)
- Dividends/withholding taxes
- Splits/consolidation
- Shelf registration/registration/prospectus/Red Herring Prospectus
- IPO process: Fixed price/book building/Auction/Dutch Auction
- Mutual Funds
- Open / closed ended
- Growth / dividend / balanced
- Equity / liquid / diversified sector
Investment banking product and services
- Investment servicing
- Investment services and support
- Investment Accounting Solutions
- Cash Management Services
- Global Custody Services and Depository
- Transaction processing and settlement
- Safekeeping
- Network management and information services
- Account opening services
- Corporate action services
- Income collection services
- Tax services
- Proxy services
- Real-time reporting
- Fund Administration Services
- Hedge Fund Services
- Information Delivery
- Investor, Policyholder and Fund Distributor Services
- Private Equity Services
- Private equity fund administration
- Investor services
- Performance analysis
- Banking services
- Regulatory support
- Real Estate Investment Services
- Investment operations
- Transaction management (confirmation, settlement, failed trades)
- Derivatives servicing and collateral management
- Data management
- Corporate action processing across all custodians
- Reconciliation and control
- Investment recordkeeping
- Information delivery and end-client reporting
- Performance, analytics and risk
- Investment Analytics
- Portfolio Performance Measurement & Attribution
- Fund Performance Comparison
- Investment Portfolio Analysis
- Investment compliance monitoring
- Asset allocation and issuer concentration
- Industry, sector and security investment limits
- Credit quality and derivatives testing
- Duration, VaR and other risk characteristics, leverage restrictions
- Country and regional/state exposures and investment rules
- Asset mix, tracking error, quality ratings
- Corporate governance and industry regulations
CALENDAR
RECORDING