Objectives
Provide a broad panorama of the stock markets, how they work and analysis of securities to start up in professional specialisation. Provide participants with the necessary tools and knowledge to be able to operate on these markets and their operating systems.

Participants
Postgraduates or final-year students who seek professional specialisation. Professionals from financial entities and companies that wish to increase their knowledge of the Stock Exchange. Investors and agents, to have essential knowledge to properly place their capital.

Programme
1. Introduction to Stock Markets

- Structure of the financial system
- Functions and legal framework of stock markets

2. Market Operation

- Assets and operators
- Order and contract systems
- Magnitudes (contracts, capitalisation, etc.)
- Historical performances
- Stock rates

3. Stock Operations

- Capital increases
- Dividends
- Convertible bonds
- OPA's, OPV's
- Splits

4. General Stock Analysis Framework  

- Stock exchange and interest rate
- Business results
- Macroeconomics and economic cycles
- Random Walk
- Market efficiency and anomalies

5. Basic Analysis

- Objectives
- Top-down versus bottom-up
- Financial analysis and company valuation
- Stock ratios

6. Technical Analysis

- Technical analysis principles
- Lines and formations
- Indicators and oscillators

7. Variable Income Portfolios Management

- Portfolio management principles
- Profitability and risk objectives
- Group investment instruments

8. Stock Derivatives

- Variable income options and futures
- Applications of derivatives for speculation, coverage and arbitration

Dates:  July

Hours:  From 17:00 to 21:00 h

Duration:  40 hours

Place:  IEF classrooms, Gran Vía, 670, 2º, - 08010 Barcelona