Overview of Structured Products

Structured products are the largest and fastest growing segment of the financial market. This class provides an overview of structured products from the point of view of the issuer and the investor. This class discusses the advantages issuers receive from creating structured deals as well as the advantages investors can receive from investing in these complex securities.

20-Nov-2008 -- 21-Nov-2008ChicagoUSD$2375register
NY Institute of Finance - Chicago9:00am - 4:30pm Instructional Method:
Group-Live		email course to a friend
Instructor(s): [ Manan Rawal; ] Thu Fri Level: Basicemail a sales rep
CPE Credits: 14.0print this course

17-Dec-2008 -- 18-Dec-2008StamfordUSD$2375register
NY Institute of Finance - Stamford, CT9:00am - 4:30pm Instructional Method:
Group-Live		email course to a friend
Instructor(s): [ Mayra Rodríguez Valladares; ] Wed Thu Level: Basicemail a sales rep
CPE Credits: 14.0print this course

Sales staff, traders, financial analysts, securitization market practitioners, portfolio risk managers, corporate financiers, treasurers, credit risk managers.
No advance preparation required.
Students will be able to:
  • Demonstrate a practical understanding of the core concepts behind structured products
  • Develop an understanding for the range of asset classes that are linked to structured products
  • Understand the current and future path of the structured product market
Basic understanding of financial market asset classes.
"Clear explanations; effective use of examples"
"The instructor was extremely effective at clarifying complex subject matter"
"Integration of articles and current materials. Very interactive with class."
"The depth of the material"
  • Introduction to Financial Engineering
    • Day 1
    Why do Issuers Distribute Structured Products?
    • Deleveraging of balance sheet risk
    • Acceleration of profits
    • Access new forms of capital

    What are the Advantages for Investors?

    • Customization to suit risk appetite
    • Access to new asset classes
    • Address legal / tax / accounting issues
    • Investor has no exposure to an individual fund manager – well defined risk/reward profile

    Form of the Structured Product and Underlying Asset/Collateral

    • Structured note programs
    • SPV: purpose, documentation, servicing
    • Legal considerations including bankruptcy and liens
    • Collateral mix and quality
    • Structured finance growth

    Day 2
    Valuation of Structured Products
    • Fundamental asset pricing building blocks
    • Derivatives market growth
    • Understanding the dynamics behind choosing the underlying asset
    • Liquidity considerations
    • Examples in the equity, fixed income, and credit markets
    • CDO technology and its related applications

    Future Opportunities in the Market

    • Arrival of hedge funds, commodities, and real estate in the structured product market
    • Role of investment banks

    Clients who register for this course will receive a complimentary 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.