ACI Diploma

 

The Diploma now comprises a single, electronic examination of 3 hours. The examination  comprises 8 sections each containing 6 true/false statements.  The titles for each of these new sections will be as follows:

Advanced options, Advanced Foreign Exchange & Money Markets, Advanced FRA’s & Futures, Advanced Repo’s, Advanced Capital Markets, Advanced Risk Management, Advanced Fundamental & Technical Analysis, Advanced Swaps.

Each of the 6 true/false statements taken from the above 8 topic sections will carry 2 marks for a correct answer for a total of 96 marks.

 

Topics:

• Foreign Exchange

• Money Markets

• FX Derivatives

• Short term Interest Rate Derivatives

• Repos

• Capital Markets & Derivatives

• Risk Management

• Fundamental & Technical Analysis

• Complex Multiple Choice questions

• Foreign Exchange Calculations

• Money Market Calculations

• FX & Short Term Interest Rate Derviative Calculations

• Repo Calculations

• Capital Markets & Derivative Calculations

• Advanced Options

• Advanced FX & Money Markets

• Advanced FRA's & Futures

• Advanced Repos

• Advanced Capital Markets

• Advanced Risk Management

• Advanced Fundamental & Technical Analysis

• Advanced Swaps

Total maximum possible score: 256 marks

Grades:

• Pass          167-191 marks

• Merit          192-217 marks

• Distinction   218 marks and above

Prometric Code 3I0-006: The examinations are delivered, on behalf of ACI, by Prometric via its network of over 2,000 worldwide testing centres. The examination will be taken electronically on-line and the results are available immediately you have completed your examination. You will receive a detailed printout giving the result of each topic area covered by the syllabus.

If you pass the exam you will receive written confirmation of their result at the test centre. A formal Certificate will be dispatched to you later, either directly by ACI or via your national association.

If you fail the exam you can re-register and re-sit the examination as soon as you feel competent to do so.  The detailed feedback you receive should make it easier for you to revise those areas where your score was below the required pass level.

Asset Management 

 

Summary

In this course we study how risk and return on securities interact in a portfolio. We cover the calculation of an optimal portfolio with multiple assets and introduce the Capital Asset Pricing Model, the use of Sharpe and Treynor ratios and general economic theory.

 

Course Modules

This program includes the following modules: 

 

Money Market 

Money Market Cash Instruments 

Repurchase Agreements

Forward Rate Agreements 

 

Foreign Exchange 

Spot FX 

Forward FX

FX Swaps 

 

Futures 

Futures Market Structure 

Eurocurrency Futures 

 

Swaps

Currency Swaps 

 

Conventional Options

Option Concepts 

Option Pricing 

Option Risks 

FX Options 

This program include the following modules: 

 

Financial Concepts

Fundamental Math

Fundamental Statistics 

Time Value of Money

 

Bonds

Bond Pricing and Yield

 

Yield Curve Analysis

Spot Yields 

 

Money Markets

Money Market Cash Instruments 

 

Foreign Exchange 

Spot FX

 

Futures 

Futures Market Structure

 

Swaps

Interest Rate Swaps

 

Conventional Options

Option Concepts 

 

Exotic Options

Introduction to Exotic Options

 

Structured Securities 

Callable Bonds 

 

Credit Derivatives

Credit Derivatives Building Blocks

 

Risk Management

Introduction to Risk Management

 

Regulation 

The ACI Code

This program includes the following modules: 

 

Equities 

Equity Valuation Ratios

Equity Pricing Models

 

Futures

Futures Market Structure 

Equity Index Futures 

 

Swaps

Equity Swaps

 

Conventional Options 

Option Concepts

Option Pricing 

Option Risks

Equity Options

Options Strategies 

 

Company Analysis

The Income Statement

The Balance Sheet

The Cash Flow Statement

Company Ratio Analysis 

Company Valuation 

 

Exotic Options

Introduciton to Exotic Options

Digital Options 

Barrier Options

Asian Options 

Forward Options 

Multi-asset Options

Compound Options 

 

Structured Securities 

Warrants

Convertible Bonds