Programme

1. Introduction to the financial markets

1.1. What is the stock market?

1.2. The importance of the stock market in a globalised world

1.3. Classification of markets

1.4. The surveillance of markets

1.5. Stock market products

1.6. The contracting of shares

1.7. Stock indexes

2. Participants in the stock market and its operations

2.1 The players of the stock exchange

2.2 Financial operations

2.2.1 The Public Sales Offers (OPV)

2.2.2 The Public Subscription Offers (OPS)

2.2.3 Listing

2.2.4 Privatizations

2.2.5 The Public Acquisition Offers (OPA)

2.2.6 Capital increase

2.2.7 Capital reductions

2.2.8 Split or split

3. Investing in tock market step by step

3.1. Is the stock market profitable in the long run?

3.2 Circuit of investment in the stock market

3.3 Credit to the market

3.4 Costs of operations

3.5 Introduction to securities lending

3.6 Taxation of stock operations

4. Fundamental analysis: a macroeconomic perspective

4.1 The fundamental analysis

4.2 The stock exchange cycles

4.3 Macroeconomic analysis and its variables

4.4 Macroeconomic Models

4.5 The intervention of the economic authorities

4.6 Economic variables interrelate

4.7 Economic indicators

5. Fundamental analysis II 

5.1. Non-financial information

5.1.1 Market Analysis

5.1.1.1 Porter’s Five Forces

5.1.1.2 Canvas Business Model

5.1.1.3 Blue ocean, red ocean

5.2. Financial information 

5.2.1 Sources of financial information

5.2.1.1 The profit and loss account

5.2.1.2 Audit reports

5.2.1.3 Consolidated statements

5.2.1.4 Balance sheets

5.3 The stock market ratios

5.3.1 The sources of financial information

5.3.2 Book value

5.3.3 Profitability ratios

5.3.2 Efficiency ratios

5.4 Dynamic analysis of companies. Valuation methods

5.4.1 Decision making through comparable ratios

5.4.2 Decision making through valuation methods

5.4.2.1 Dividend valuation model

5.4.2.2 Valuation model through cash flows

5.4.2.3 P / VC valuation model

6. Technical analysis

6.1 Introduction

6.2 Theory of Dow

6.3 Technical analysis versus fundamental analysis: When & what

6.4 Representation of the graphics

6.5 Scale of prices and time

6.6 Volume and interest

6.7 Basic notions

6.8 Introduction to the Chartist Figures

6.9 Indicators and Oscillators

6.10 Elliot Wave

6.11 Candlestick, Japanese Candles

6.12 Psychology. ‘Behavioral finance’

7. Risk analysis and portfolio management (part 1)

7.1 Introduction and basic concepts

7.2 Portfolio analysis. Medium-variance approach

7.3 Value at Risk

7.4 Efficient portfolios and efficient frontier

7.5 Concept of correlation. The contribution of Markowitz

7.6 Portfolio Management

7. Investment funds and ETFs (part 2)

7.1 Introduction

7.2 Investing in an Investment Fund

7.3 Investment vehicles

7.4 Exchange Traded Funds (ETF)

7.5 Interpretation of an Investment Fund

8. Futures and options

8.1 Introduction

8.2 Concept of derivative instrument

8.3 The organized markets

8.4 What are the futures?

8.5 Strategies to operate in futures. Coverage and arbitration

8.6 What are the options?

8.7 Synthetic positions

8.8 Coverage with options

8.9 Unorganized markets (OTC)

8.10 Swaps

8.11 Forwards

8.12 CFD

9. Commodities and currencies

9.1 Introduction and basic concepts

9.2 Commodities

9.3 Contracting and Markets

9.4 Specification of a futures contract

9.5 Convergence of the futures price with the spot price

9.6 Agricultural products

9.7 Energy

9.8 Metals

9.9 CRB Index

9.10 FOREX

10. Trading contest