Kursuskatalog Course program Forår Spring

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www .ftpcourses. com

Kursuskatalog

Forår

Spring

14

Course program

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Content

Certification Programmes

Certificeret Finansiel Supporter Certified Financial Supporter Certified Fixed Income Manager

Derivatives

Introduktion til derivater Introduction to Derivatives Pricing and Trading Swaps Fixed Income Derivatives

Risk Management

Risikostyring og kontrol Risk Management and Control Aktiv gældspleje med derivater Counterparty Risk - CVA and CCP Value at Risk

Risk Management in the Life and Pension Industry

Bond Analysis

Det Danske Obligationsmarked The Swedish Bond Market

Corporate Bonds and Credit Trading Danske realkreditobligationer

Financial Markets

Introduktion til de finansielle markeder Introduction to the Financial Markets Introduction to Back-office

Portfolio Management

Asset Allocation

Fixed Income Portfolio Management Performance Measurement

Financial Applications

Excel in Finance (I) – using the Built-in Functionality Excel in Finance (II) – introduction to VBA Programming

Instructors Course Calendar 3 4 5 6 6 7 7 8 8 9 10 10 11 12 12 13 13 14 14 15 16 16 17 18 18 19 20

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CERTIFICATION PROGRAMMES

Certificeret Finansiel Supporter

København

Modul 1: 25. -26. februar Modul 2: 24. – 25. marts Modul 3: 24. – 25. april, 2014

Uddannelsen er relevant for folk der arbejder eller understøtter front office funktioner i en finansiel institution eller en finansafdeling i en virksomhed.

• Modul 1: De finansielle markeder (aktier, obligationer, penge- og valutamarkedet)

• Modul 2: Derivater (futures, optioner, repo’er, swaps, FRA’er, caps/ floors, swaptioner, kreditderivater)

• Modul 3: Risikostyring og kontrol (markeds-, kredit-, likviditets- og operationel risiko, lovgivning, controlling)

• Opgaver • Eksamen

For further information visit www.FTPcourses.com

Sprog: Dansk Formateriale: Diverse artikler og e-learning moduler Niveau: Introducerende Pris: DKK 29.500

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CERTIFICATION PROGRAMMES

Certified Financial Supporter

Stockholm Module 1: March 12 - 13 Module 2: April 28 - 29 Module 3: May 14 -15, 2014 Oslo Module 1: March 5 - 6 Module 2: April 2 - 3 Module 3: May 8 - 9, 2014

The education is relevant for people who work with or support front office in a financial institution or a finance department in a corporate company.

• Module 1: The Financial Markets (the money, the FX, the bond and the stock markets)

• Module 2: Derivatives (futures, options, repo’s, swaps, FRA’s, caps/ floors, swaptions, credit derivatives)

• Module 3: Risk Management and Control (market, credit, liquidity and operational risk, BIS III, controlling)

• Exercises • Exam

The education is relevant for people who work with or support front office in a financial institution or a finance department in a corporate company.

• Module 1: The Financial Markets (the money, the FX, the bond and the stock markets)

• Module 2: Derivatives (futures, options, repo’s, swaps, FRA’s, caps/ floors, swaptions, credit derivatives)

• Module 3: Risk Management and Control (market, credit, liquidity and operational risk, BIS III, controlling)

Language: English

Pre course material: Articles and e-learning modules Level: Introductory Price: SEK 35.500 Language: English

Pre course material: Articles and e-learning modules Level: Introductory Price: NOK 29.500 NEW CERTIFICATION PROGRAMME IN OSLO

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CERTIFICATION PROGRAMMES

Certified Fixed Income Manager

Stockholm

Module 1: January 20-21 Module 2: February 18-19 Module 3: March 18-19, 2014

The education is relevant for people who work with or support fixed income products.

• Module 1: The Bond Markets (bond types, market conventions, pricing, duration, convexity, yield-to-maturity, zero coupon rates) • Module 2: Fixed Income Derivatives (swaps, repo’s, FRA’s, caps/

floors/collars, swaptions, Bund futures and options, risk measures, pricing)

• Module 3: Fixed Income Portfolio Management (asset allocation, risk measures, tracking error, risk budgeting, currency overlay, at-tribution)

Language: English

Pre course material: Articles and e-learning modules Level: Intermediary Price: SEK 35.500 NEW CERTIFICATION PROGRAMME

“The Certified Financial Supporter

program combines an up to date

in-troduction to the financial markets

and financial derivatives with a risk

management perspective. An ideal

combination if you work in an

en-vironment where a general

under-standing of either one or all of the

subjects is needed. Altogether the

program lived up to my high

expec-tations which were only made

pos-sible by the instructor’s professional

and userfriendly way to pass on their

knowledge.”

Mikkel Brix Jensen, Certified Financial Supporter

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DERIVATIVES

Introduktion til derivater

Introduction to Derivatives

24. – 25. marts, 2014, København

April 28 - 29, 2014, Stockholm April 2 - 3, 2014, Oslo

• Markedspladser, OTC, central clearing • Futures, forwards og CFD’er • Repo’er • Optioner • FRAs • Swaps • Renteoptioner • Kredit derivater • Handel og konventioner • Strukturerede produkter

• The market places, OTC, central clearing • Futures, forwards and CFDs

• Repos • Options • FRAs • Swaps

• Interest rate options • Credit derivatives • Trading and conventions • Structured products

Sprog: Dansk Niveau: Introducerende Pris: DKK 11.500 Language: English Level: Introductory Price: SEK 13.500 NOK 11.500 NEW IN OSLO

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DERIVATIVES

Pricing and Trading Swaps

Fixed Income Derivatives

Multiple Curves and Collateral Consistent Pricing May 12 - 13, 2014, Copenhagen

February 18-19, 2014, Stockholm

• OIS discounting • Dual curve stripping • How to incorporate the basis • Standard and non-standard swaps • The swap curve and zero coupon yields • Bootstrapping zero coupon yield curves • Collateral consistent pricing

• Valuation taking collateral into account • Swaps with an up-front payment • Asset swaps

• Measuring and managing the risks of a swap book • Advanced swap structures

• Interest rate swaps • Repos

• Bund futures and options • Forward rate agreements (FRA’s) • Swaptions

• Caps and floors

• Risk measurement and management • Pricing models for fixed income derivatives • Trading and hedging techniques

Language: English Level: Intermediate Price: SEK 13,500 NEW COURSE Language: English Level: Intermediate Price: DKK 11,500

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RISK MANAGEMENT

Risikostyring og kontrol

24. – 25. april, 2014, København

• Måling og styring af: Markedsrisiko Kreditrisiko Likviditetsrisiko Operationel risiko • Seneste regulering • Økonomisk kapital • RAROC • Controlling • Limits

Sprog: Dansk Niveau: Videregående Pris: DKK 11.500

RISK MANAGEMENT

Risk Management and Control

May 14 - 15, 2014, Stockholm May 8 – 9, 2014, Oslo

• Regulation today • Credit risk management • Market risk management • Operational risk management • Liquidity risk management • Economic capital • Regulatory capital • RAROC

• Controlling • Limits

Language: English Level: Intermediate Price: SEK 13,500 NOK 11,500 NEW IN OSLO

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RISK MANAGEMENT

Aktiv gældspleje med derivater

29.-30. januar, 2014, København

• Elementer i finansiel rådgivning • Analyse af en kundes gældsportefølje • Risikofaktorer ved en gældsportefølje • Måling og styring af renterisici • Varighed for konverterbare lån • Forward rate agreements (FRA)

• Swaptioner, renteloft/-gulv produkter, optionsteori • Renteswap, T/N swap, Constant Maturity Swap (CMS) • Måling og styring af valutakursrisici

• Basis swaps, cross currency swaps, asset swaps • Måling og styring af kreditrisici

Mulighed for at tilkøbe certificeringstest i ”Røde produkter”

Sprog: Dansk Niveau: Mellem Pris: DKK 11.500

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RISK MANAGEMENT

Value at Risk

May 22 - 23, 2014, Copenhagen • Parametric VaR • Delta/Marginal VaR • Component VaR

• Volatility and correlation: SMA, EWMA and GARCH • Expected Tail Loss

• Simulation-based Approaches • Back-testing

• Stress-testing • Excel Workshops

Language: English Level: Intermediate Price: DKK 11,500

RISK MANAGEMENT

Counterparty Risk, CVA and CCP

May 20 - 21, 2014, Copenhagen

• Rules for clearing OTC products • Central clearing parties (CCPs) • Counterparty risk management • Measuring counterparty risk • Credit value adjustment (CVA) • Debt value adjustment (DVA) • Funding value adjustment (FVA)

• New approaches for pricing OTC derivatives

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“The Value at Risk course gave an

excellent perspective on our own

VaR measure, and a number of ideas

on how to take it one step further.”

Jonas Hagberg, Volvo Treasury

RISK MANAGEMENT

Risk Management in the Life and Pension Sector

June 11 - 12, 2014, Copenhagen

• The Pension system • The Solvency II framework

• Fair-value and the Risk free rate curve

• Asset Allocation and the Prudent Person Principle • Asset and Liability Risk Factors

• Internal Models

• Implementing a liability hedge • Liability Driven Investments • Equity and FX-strategies • Risk Budgeting

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BOND ANALYSIS

Det danske obligationsmarked

26.-27. marts, 2014, København

• Centrale aktører på det danske obligationsmarked • Markedskonventioner på det danske marked • Obligationstyper på det danske marked • Obligationer fordelt på udstedere

• Beregning og analyse af kurs, pris og effektiv rente • Nulkupon rente og nulkupon prisning

• Risikomål for obligationer • Varighed og konveksitet

Sprog: Dansk Niveau: Introducerende/ mellem Pris: DKK 11.500

BOND ANALYSIS

The Swedish Bond Market

January 20-21, 2014, Stockholm

• Bonds traded in the Swedish market • Market conventions

• Calculating and understanding yield to maturity • Clean price, dirty price and accrued interest • Understanding bond risk measures • Duration and convexity

• Zero coupon pricing • Zero coupon yields • Inflation-linked bonds • Equity-linked bonds

Language: English Level: Introductory/ intermediary Price: SEK 13.500

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BOND ANALYSIS

Corporate Bonds and Credit Trading

May 6 - 7, 2014, Copenhagen

• Why trade credit risk?

• Ratings, rating transitions and transition matrices • The corporate bond market

• Issuers, market conventions and pricing methodology • Credit-linked notes

• Credit spread trading

• Other tools for credit risk trading • Credit default swaps

• Collateralised debt obligations • Swap futures

Language: English Level: Introductory/medium Price: DKK 11.500

BOND ANALYSIS

Danske realkreditobligationer

23.-24. januar, 2014, København • Realkreditmarkedets opbygning • Ratings og kreditrisiko • Realkreditlovgivningen • Prepayment modeller • Låntageradfærd • Gevinstkrav • Teoretisk pris • Option adjusted spread • Optionsjusteret risiko • SDO-lovgivning

• Produkter i kølvandet på SDO-lovgivningen

Sprog: Dansk Niveau: Videregående Price: DKK 11.500

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FINANCIAL MARKETS

Introduktion til de finansielle markeder

25. – 26. februar, 2014, København

• De finansielle markeders opbygning • Aktører på finansmarkederne: Centralbanken Børsen Bankerne Emmitenter og investorer • Pengemarkedet • Valutamarkedet • Obligationsmarkedet • Aktiemarkedet • Handelskonventioner • Prissætning og risiko

Sprog: Dansk Niveau: Introducerende Pris: DKK 11.500

FINANCIAL MARKETS

Introduction to the Financial Markets

March 12 - 13, 2014, Stockholm March 5 - 6, 2014, Oslo

• The financial markets

• The Central Bank (Riksbanken/Norges Bank) Exhange

The banks

Issuers and investors • The money market • The fx market • The bond market • The stock market • Trading conventions • Pricing and risk

Language: English Level: Introductory Price: SEK 13.500 NOK 11.500 NEW IN OSLO

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FINANCIAL MARKETS

Introduction to the Back-office

January 27-28, 2014, Copenhagen

• The role of back-office in the organization • The flow of transactions

• Clearing houses

• Central securities depository (CSD)

• International central securities depository (ICSD) • Custodians and accounts

• Static data for stocks, bonds and derivatives • Settlement instructions

• Continuous linked settlement (CLS) • Corporate actions

• Confirmation and controls • Accounting

Language: English Level: Introductory/ Medium Price: DKK 11.500

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PORTFOLIO MANAGEMENT

Fixed Income Portfolio Management

March 18-19, 2014, Stockholm

• Strategic and tactical allocation for fixed income portfolios • Optimisation using risk budgeting

• Using delta and component VaR • Delta and component tracking error • Currency overlay management • Fixed income attribution analysis • Scenario generation

• Fixed Income performance measurement

Language: English Level: Intermediate Price: SEK 13,500

PORTFOLIO MANAGEMENT

Asset Allocation

March 10 - 11, 2014, Copenhagen • Risk Budgeting

• Strategic Asset Allocation • Tactical Asset Allocation • Forecasting Risk and Return • Active Asset Allocation • Alternative Investments • Benchmarking

• The Mean-Variance Approach • Understanding the Sharpe Ratio

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PORTFOLIO MANAGEMENT

Performance Measurement

June 11 - 12, 2014, Copenhagen

• Problems with Performance Measurement • Return Calculation in Practice

• Benchmark Construction

• Implementing Risk Adjusted Measures • Sharpe, Jensen and Treynor

• Tracking Error • Information Ratio • Attribution Analysis

• Derivatives and Return Measurement

• GIPS: Global Investment Performance Standards

Language: English Level: Intermediate Price: DKK 11.500

“Extremely well-prepared course

with extensive theoretical focus

which was beyond my

expecta-tions. Well done! I have lots of use

of it in my daily work.”

Jonas Gidlöf, Handelsbanken, Stockholm

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FINANCIAL APPLICATIONS

Excel in Finance (II)

Introduction to VBA Programming January 16-17, 2014, Copenhagen

• The VBA Environment Variables and Naming Objects and Ranges Conditional Actions Loops and Debugging Message and Input boxes

• Build your own: Macros, Procedures and Functions • VBA in Financial Cases

FINANCIAL APPLICATIONS

Excel in Finance (I)

Using the Built-in Functionality April 8 - 9, 2014, Copenhagen

• The Financial Library • Day Count Conventions • Goal Seek and Solver • Matrix Calculations • Regression Analysis • Data Analysis • Charts • Pivot Tables • Scenario Analysis • Auditing your Spreadsheet • Drop-downs, Forms etc

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Instructors

“The instructors have excellent English and teaching skills – they

use good examples and have a very down to earth way of

explain-ing everythexplain-ing”

Leena Runukangas, Nordea Bank AB Risk Management seminar in Stockholm

Jørgen Just Andresen

Jørgen Just Andresen is partner at Financial Training Partner A/S. Prior to co-founding Financial Training Partner in 2002, he was chief financial consultant at SimCorp’s course department where he started in 1996. Before joining SimCorp he worked at Danske Bank with fixed income re-search and fixed income sales.

He holds an M.Sc. (international finance) and an HD (accounting). Jør-gen Just Andresen is also an external lecturer at CopenhaJør-gen Business School and author of the book Finansiel Risikostyring (Financial Risk Management).

Ulrik Strandgaard

Ulrik Strandgaard is partner and managing director at Financial Training Partner A/S, which he co-founded in 2002. He was head of the course department at SimCorp A/S which he joined in 1995. From 1991-1995 he worked for Bikuben Børs as the head of fixed income research. M.Sc. (Econ) from University of Copenhagen and a BA (Business) from University of Melbourne. Ulrik Strandgaard is also an external lecturer on Copenhagen Business School (CBS).

On very specialized topics, we use highly reputable external specialists from the financial sector.

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January Course Location Page 16-17 Excel in Finance (II) - Introduction to VBA Programming CPH 18

20-21 The Swedish Bond Market STO 12

23-24 27-28 29-30

Danske realkreditobligationer Introduction to Back-office Aktiv gældspleje med derivater

CPH CPH CPH 13 15 9

February Course Location Page

18-19 Fixed Income Derivatives STO 7

25-26 Introduktion til de finansielle markeder CPH 14

March Course Location Page

5-6 Introduction to the Financial Markets OSL 14

10-11 Asset Allocation CPH 16

12-13 Introduction to the Financial Markets STO 14 18-19 Fixed Income Portfolio Management STO 16

24-25 Introduktion til derivater CPH 6

26-27 Det danske obligationsmarked CPH 12

April Course Location Page

2-3 8-9 24-25 28-29

Introduction to Derivatives

Excel in Finance (I) - Using the Built-in Functionality Risikostyring og kontrol Introduction to Derivatives OSL CPH CPH STO 6 18 8 6

May Course Location Page

6-7 Corporate Bonds and Credit Trading CPH 13

8-9 Risk Management and Control OSL 8

12-13 Pricing and Trading Swaps CPH 7

14-15 Risk Management and Control STO 8

20-21 22-23

Counterparty Risk, CVA and CCP’s Value at Risk

CPH CPH

10 10

June Course Location Page

11-12 11-12

Risk Management in the Life & Pension Sector Performance Measurement CPH CPH 11 17

Courses Spring 2014

CPH: STO: OSL: Copenhagen Stockholm Oslo

Lyngby Hovedgade 10, DK-2800 Kgs Lyngby Tlf. +45 70 23 23 10,