Master bond valuation, pricing, and fixed income analysis to make smarter investment decisions. Build in-demand skills in yield analysis, risk measurement, and financial modeling used by top finance professionals. This Specialization provides a comprehensive pathway to understanding fixed income markets, combining bond mathematics, pricing techniques, and real-world financial applications. You will learn how to calculate bond prices, analyze yields such as YTM and IRR, and apply duration and convexity to measure interest rate risk. Through structured, practical modules, you will explore bond accounting, amortization methods, and advanced instruments including callable, convertible, and mortgage-backed securities. The program also covers derivatives such as futures, forwards, and FRAs, enabling you to manage risk and identify arbitrage opportunities. By the end of the Specialization, you will be able to evaluate fixed income securities, interpret market movements, and apply quantitative models to support investment and risk management decisions. Ideal for finance professionals, students, and aspiring analysts, this program equips you with the technical and analytical skills needed for careers in investment banking, asset management, treasury, and capital markets.
What you'll learn
Calculate bond prices
Analyze yields including YTM and IRR
Apply duration and convexity to measure interest rate risk
Understand bond accounting and amortization methods
Evaluate callable, convertible, and mortgage-backed securities
Course objectives
Develop skills in yield analysis and risk measurement
Gain familiarity with advanced financial instruments and derivatives
Support investment and risk management decisions through quantitative models