Programmes

Fixed Income: Markets, Securities and Institutions

  • Executive
  • Department of Finance
  • Application code EE954
  • Starting 2018

Many organisations and their executives are affected on a daily basis by interest rate changes, central bank policy, and developments in key market benchmarks such as the LIBOR interest rate. In today’s economy, it is essential to be fluent in the language of fixed income markets.

5 day intensive programme 2018 dates to be confirmed

This unique intensive course covers the key concepts and institutional knowledge necessary to navigate modern fixed income markets successfully. It is aimed at professionals who are not yet experts in fixed income markets but would gain from a deeper understanding of the world’s largest, most complex financial market.

The course is led by Professor Ian Martin and Dr Martin Oehmke, faculty members of the #1 Finance department in Europe* with teaching experience at LSE, Stanford GSB and Columbia Business School. Over five days, participants will gain an authoritative overview of the critical players and institutions that shape the market and develop key valuation and risk management techniques. 

This course is targeted at professionals who interact with fixed income markets and would gain from a deeper understanding of these markets. The target audience includes, but is not limited to:

  • financial services and insurance executives
  • executives at family offices, pension funds, and sovereign wealth funds
  • portfolio managers and asset managers
  • risk managers
  • central bankers, regulators, and policymakers
  • journalists with a focus on markets and the economy
  • lawyers with an interest in securities markets

Tuition Fee: £5,795
Includes all LSE tuition, course materials, daily lunches, and networking events. You will also be awarded an LSE certificate of completion at the end of the five days. 

Part of LSE Executive Education Courses

Programme details

Entry requirements

Executive Education Courses are taught to the School's high standard and are therefore academically rigorous. Participants are expected to be fluent in English, with a good first degree in a relevant subject. 

As an executive programme, experience in the workplace is a key requirement. Most of our participants have more than 10 years' experience but we will consider fast-track candidates with a minimum of two years' professional experience. 

Requirements in brief

  • Fluency in English
  • Undergraduate degree
  • Professional experience (see above)

Prerequisites:

Familiarity with Excel will be assumed. All valuation techniques will be taught in class, but a degree of familiarity with basic discounting would be beneficial.

More information about LSE Executive Education Courses

Course outcomes


  • Gain valuable insight into Treasury markets and other government bond markets, including hands-on practice in bond valuation, interest rate risk analysis, and in interpreting the behaviour of the yield curve 

  • Engage with recent research that demonstrates the influence and role of central banks through conventional and unconventional monetary policy 

  • Achieve a broad understanding of the key money markets: the fed funds market, the Eurodollar market and benchmark interest rates such as LIBOR 

  • Understand the LIBOR scandal and debate the current and future impact of LIBOR market reform 

  • Gain insight into the role of forward and interest-rate swap markets and master key valuation and risk management techniques

  • Study secured funding (repo) markets, including the role of these markets during the financial crisis 

  • Learn about the credit risk and CDS markets

  • Explore securitisation and CDOs and their role in recent market turmoil, and discuss the future of these financial instruments

The programme takes an interactive approach through carefully selected case studies, hands-on exercises and discussion sessions with faculty and senior industry peers.

Find out more about LSE Executive Education Courses

Faculty and guest speakers

The course will be taught by:

  • Dr Martin Oehmke
  • Professor Ian Martin

 

 

Download a detailed course outline

Download a detailed course outline

  • When will you attend?
  • Areas of interest
  • Are you intesrested in a specific course?

Apply Now

Related programmes

Executive Behavioural Economics and the Modern Economy (2018)

Short courses — Code(s) EE941

Executive Corporate Finance and Strategy (2018)

Short courses — Code(s) EE951

Executive Effective Asset Management (2018)

Short courses — Code(s) EE953

Executive Executive Global Master's in Management (2018)

Part-time — Code(s) N2U9

Executive Executive MSc Social Business and Entrepreneurship (2018)

Part-time — Code(s) N2UC

Request a prospectus

  • Name
  • Address

Register your interest

  • Name

Speak to Admissions

Content to be supplied