Survey sovereign T-bills, notes & bonds, plus quasi-govt, municipal and supranational paper. We show auction formats, benchmark curves and the unique tax, liquidity and policy roles these securities play worldwide.

Short-term working-capital lines, ABCP, bank revolvers and repos vs. long-term IG or HY bonds—this module links funding choices to credit strength. Walk through loan covenants, backup liquidity lines and why HY issuers rely on collateral and call protection.

From roadshow to re-offer we track a new issue’s life, then dive into secondary-market micro-structure. Understand broad vs. sector indexes, turnover math and why liquidity clusters in the newest (“on-the-run”) paper. We also compare primary auctions, syndications and private placements.

Go beyond plain-vanilla coupons. We map amortizing schedules, sinking-funds, FRNs, zeros, linkers and deferred-coupon bonds. Compare issuer pros & investor cons, then learn how contingency features—calls, puts, converts—reshape risk/return for both sides of the deal.

First stop on the bond tour: what exactly are you buying? We break down issuer types, par value, coupons (fixed vs. floating), seniority in liquidation and the covenants that legally bind the borrower. See how each feature shapes cash-flow timing and default risk, and why investors demand different yields for different structures.

The capstone module—linking cash flows to price. Inside you will:

• Contrast dividend discount, FCFE and Gordon growth models.
• Build multi-stage models and reconcile to market multiples.
• Use asset-based and enterprise-value approaches.

You’ll graduate able to triangulate value from first principles and market sentiment.

Turn history into forward numbers:

• Define forecast objects, horizons and scenario design.
• Model revenues, costs, working capital and capex.
• Stress-test with sensitivity & scenario analysis.

The result: defensible pro-formas ready for valuation.

No company operates in a vacuum. This module teaches you to:

• Navigate third-party and custom industry classification schemes.
• Size markets, gauge growth and benchmark profitability.
• Apply Five-Forces and external factor checklists.

You’ll pinpoint where a company sits on the competitive map—and why that drives valuation multiples.

A forensic look at a firm’s historical performance:

• Dissect business models and revenue drivers.
• Classify costs, analyse working capital and capital structure.
• See how analysts craft the classic research report.

Mastering the rear-view mirror sets the stage for credible forward forecasts.

Dive into the world’s dominant asset class. Grasp what equity really represents and why its risk-return profile is unique. Highlights:

• Common vs. preferred vs. private shares.
• Domestic, cross-border and DR structures.
• Return drivers, ROE and cost of equity.

These building blocks are the foundation for later valuation work.