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Wall Street Prep

Equities Markets Certification (EMC©)

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Wall Street Prep Certification Program

Equities Markets Certification (EMC©)

  •   7 Courses
  •   9h 52m
  •   17,685 Students

This self-paced EMC certification program prepares trainees with the skills they need to succeed as an Equities Markets Trader on either the Buy Side or Sell Side.

Earn a Verified Certification

Shareable on LinkedIn and in resumes

Finish in 1 Month

Recommended pace 2-3 hours/week

Globally Recognized

The same rigorous training program used by salespeople and traders at top global investment banks

Skills Covered

About this Equities Markets Certification Program

equities marketsf certification

While other Equities Markets courses add formulas and complexity to hide the lack of real-world experience, Wall Street Prep’s Equities Markets Certification was created by former sales and trading professionals focused on what interns, new hires, and early career analysts need to know on the job.

Designed following extensive discussion with hiring managers at major investment banks, we built our Equities Markets program around gaining the practical knowledge needed of growing markets such as ETFs, Delta One and Prime Brokerage.

Laptop with glasses and palm tree
Laptop with glasses and palm tree
Taught by Markets Professionals

Master how to use the Bloomberg terminal to analyze financial statements, find consensus EPS and monitor short interest.

Course overview with check marks
Course overview with check marks
A Comprehensive Program

Designed with input from the largest global investment banks on what Equities Markets salespeople and traders need to know.

Trophy with celebrating students
Trophy with celebrating students
Meaningful, Shareable Certification

Graduates will receive a blockchain-verified, shareable certification that can easily be added to LinkedIn and resumes.

What You Will Learn

  • Master the technical skills and concepts that Equities traders are expected to know on the trading floor
  • Learn how to chart, graph and analyze stocks, indices and futures on Bloomberg
  • Speak and understand the trader jargon
  • Analyze company financials using the Bloomberg Excel-Add In
  • Demystify the Buy-Side business model and learn how Asset Managers and Hedge Funds are paid and their economic drivers and priorities
  • Learn how ETF Traders profit from arbitrage opportunities
  • Compare funded investment options (Mutual Funds, ETFs) with Unfunded investment Options (Futures and Equity Swaps)
  • Discover how derivatives are traded, margined, and hedged
  • Understand how to “short a stock” and the Securities Lending process
  • Demystify Hedge Fund Trading strategies

Your Path to Certification

This course is career-focused. We begin with an overview of how a individual stocks are traded on an exchange. Then we analyze the drivers of a company's public valuation using the Bloomberg Excel Add-In and the investor relations role; proceed to discuss equity indices and different approaches in the market to invest in these indices including asset managers, ETFs, futures and Delta One; and conclude with a discussion of securities lending and prime brokerage, analyzing how asset managers lend hedge funds the shares to short.

Recommended Path

1. Cash Equities Week 1
2. Equity Valuation Week 1
3. Equity Indices, Asset Managers and ETFs Week 2
4. Equity Futures and Delta One Week 3
5. Hedge Fund Strategies Week 3
6. Securities Lending and Prime Brokerage Week 4
7. ESG Investing Week 4

Complete in 10 Hours

The EMC is a job-focused program that drills down on what Equities Markets professionals need to know while cutting out the rest. Average completion time (coursework + exam) is 10 hours.

Skills Equities Markets Employers Look For

  • Fixed Income

    Covered
  • Bloomberg

    Covered
  • Hedging

    Covered
  • Trading

    Covered
  • Derivatives

    Covered
  • ESG

    Covered

Top Jobs the EMC Will Prepare You For

  • Position

    1st Year Salary + Bonus *

  • Delta One Trader

    $135-160,000

  • ETF Trader

    $135-160,000

  • Buy Side Trader

    $105-130,000

  • Hedge Fund Trader

    $150-175,000

  • Cash Equities Sales Trader

    $100-125,000

  • Cash Equities Sales Researcher

    $100-125,000

  • ESG Analyst

    $105-130,000

  • Prime Brokerage Analyst

    $105-130,000

* glassdoor.com estimates.

$128K
The average starting salary + bonus for Equity Sales & Trading Analysts. See our Sales & Training Salary Guide for more details of the career and pay progression. Data on starting salaries is taken from glassdoor.com U.S. estimates.

The EMC© is the same program used to train new hires at Wall Street's largest investment banks

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WSP trains investment professionals and traders at the world's largest sell-side investment banks and buy-side asset managers.

"Our employees are telling us this is the best virtual learning experience they have ever had."

— Associate Director, Learning & Development
Global Investment Bank

What's Included

12 Lessons
1h 4m

Cash Equities

 12 Lessons  1h 4m

Course 1 of the Equities Markets Certification (EMC©) program. Cash Equities are the fundamental building blocks of the Equity Markets. We begin with an overview of the Equities trading floor and mapping out the different roles and responsibilities. We then take a look at exchange trading, and discuss the different order types, trading conventions ...

Course 1 of the Equities Markets Certification (EMC©) program. Cash Equities are the fundamental building blocks of the Equity Markets. We begin with an overview of the Equities trading floor and mapp ...

Course 1 of the Equities Markets Certification (EMC©) program. Cash Equities are the fundamental bui ...

1
View Course TOC
18 Lessons
1h 29m

Equity Valuation

 18 Lessons  1h 29m

Course 2 of the Equities Markets Certification (EMC©) program. Designed for Salespeople and Traders, this course provides an overview of equity valuation including the P/E ratio and EV/EBTIDA. We begin with an overview of valuation metrics and drivers of the income statement. We the discuss EPS and how we arrive at consensus EPS. After discussing t ...

Course 2 of the Equities Markets Certification (EMC©) program. Designed for Salespeople and Traders, this course provides an overview of equity valuation including the P/E ratio and EV/EBTIDA. We begi ...

Course 2 of the Equities Markets Certification (EMC©) program. Designed for Salespeople and Traders, ...

2
View Course TOC
24 Lessons
1h 54m

Equity Indices, Asset Managers and ETFs

 24 Lessons  1h 54m

Course 3 of the Equities Markets Certification (EMC©) program. Equity Indices such as the S&P500 drive market sentiment. We begin by discussing the major equity indices and then dive into the detail of how they are constructed and calculated. Next, we explore Asset Managers and explore how they invest funds for both institutional and retail inv ...

Course 3 of the Equities Markets Certification (EMC©) program. Equity Indices such as the S&P500 drive market sentiment. We begin by discussing the major equity indices and then dive into the deta ...

Course 3 of the Equities Markets Certification (EMC©) program. Equity Indices such as the S&P500 ...

3
View Course TOC
13 Lessons
1h 5m

Equity Futures and Delta One

 13 Lessons  1h 5m

Course 4 of the Equities Markets Certification (EMC©) program. Most traders start their day by looking at Equity Futures. This course builds on the Equity Indices, Asset Managers and ETFs course which looked at funded investments. The Equity Futures and Delta One course focuses on derivatives and achieving the same exposure using unfunded investmen ...

Course 4 of the Equities Markets Certification (EMC©) program. Most traders start their day by looking at Equity Futures. This course builds on the Equity Indices, Asset Managers and ETFs course which ...

Course 4 of the Equities Markets Certification (EMC©) program. Most traders start their day by looki ...

4
View Course TOC
13 Lessons
1h 6m

Hedge Fund Strategies

 13 Lessons  1h 6m

Course 5 of the Equities Markets Certification (EMC©) program. This course demystifies Hedge Fund Strategies and how Hedge Fund Investors evaluate Hedge Funds. We begin by discussion traditional equity hedge funds and then discussing the strategies of growing quantitative hedge funds. Next, we discuss Macro, Relative Value and Credit Hedge funds, w ...

Course 5 of the Equities Markets Certification (EMC©) program. This course demystifies Hedge Fund Strategies and how Hedge Fund Investors evaluate Hedge Funds. We begin by discussion traditional equit ...

Course 5 of the Equities Markets Certification (EMC©) program. This course demystifies Hedge Fund St ...

5
View Course TOC
15 Lessons
1h 10m

Securities Lending and Prime Brokerage

 15 Lessons  1h 10m

Course 6 of the Equities Markets Certification (EMC©) program. How do you short a stock? In this course, we discuss the process to short a stock and walk through an example of how a hedge fund would borrow shares an asset manager through a securities lender. We discuss the fee model and economics of borrowing shares through a securities lender. Nex ...

Course 6 of the Equities Markets Certification (EMC©) program. How do you short a stock? In this course, we discuss the process to short a stock and walk through an example of how a hedge fund would b ...

Course 6 of the Equities Markets Certification (EMC©) program. How do you short a stock? In this cou ...

6
View Course TOC
26 Lessons
2h 3m

ESG Investing, Green Bonds and Social Bonds

 26 Lessons  2h 3m

The last decade has seen exponential growth in ESG investing worldwide. Designed for those seeking to learn about the role of Sustainable Finance at an Investment Bank, this course explores exactly how this transformation happened and how the market formalized the structure and conventions for Green Bonds and Social Bonds. It discusses both from th ...

The last decade has seen exponential growth in ESG investing worldwide. Designed for those seeking to learn about the role of Sustainable Finance at an Investment Bank, this course explores exactly ho ...

The last decade has seen exponential growth in ESG investing worldwide. Designed for those seeking t ...

7
View Course TOC

Get the Equities Markets Certification (EMC©)

Equities Markets learners are eligible to earn Wall Street Prep's globally recognized Fixed Income Markets Certification (EMC©). The certification is earned by successfully completing the final exam from each of the program's individual courses. These online assessments can be taken any time after enrollment in the program.

Course Samples

Overview of the Equity Markets
Consensus EPS
Introduction to Equity Indices
ETF Introduction
Futures on Bloomberg
Hedge Fund Strategy Demand, Hedge Fund Economics
Hedge Fund Leverage
How Investors Express a Negative View
Lenders of Securities, Fee Income for Lenders

Meet Your Instructor

Eric Cheung

Eric is the lead instructor for Wall Street Prep’s Capital Markets and Sales & Trading programs. Eric’s financial markets career began after he was a finalist for J.P. Morgan’s Fantasy Futures trading competition. Eric worked at J.P. Morgan for 10 years across DCM, Syndicate and Sales & Trading Roles, including in the Cross Asset Sales & Structuring group with trade execution experience across all asset classes. Eric is an expert in International Markets and Cross-Border transactions with global work experience in New York, London, Hong Kong and Tokyo.

Round Out Your Markets Training:
Buy the FIMC© and EMC© Together and Save $199

Fixed Income Markets
Certification (FIMC©)

11 Courses • 24h 36m

Reg Price $399

Equities Markets
Certification (EMC©)

7 Courses • 9h 52m

Reg Price $299

  • Buy both programs together for a complete Markets Training Program.
  • Gain a real-world understanding of Fixed Income and Equities Markets trading.
  • Learn what it takes to become a successful trader on the Buy Side and Sell Side.
$499 Reg. $698

Frequently Asked Questions

How long does it take to complete the full certification program?

Most participants need ~10 hours to complete the program, which is approximately 4 weeks at 2-3 hours a week. There are 8+ hours of videos, 7 excel based exercises, 10 quizzes and an hour long certification exam.

How do you teach Bloomberg?

Skills taught in Bloomberg are divided into bite-sized and searchable videos. The videos are recorded from a start screen with individual functions and keystrokes called out and highlighted to make the process easily replicable. Excel exercises files have the Bloomberg codes and syntax for participants to replicate their analysis on their own stocks and indices.

Do any Investment Banks use this program to train new-hire salespeople and traders?

Yes – this same material is used to teach new hires at large investment banks across the world. This course was designed based on the needs of investment banks to train new hires, and we’re excited to offer the same materials in a certification program.

What background knowledge is necessary? Are there any prerequisites needed?

This course is carefully constructed to assume no background knowledge or prerequisites. We balance that with the understanding that the typical learner has a passion for finance and strive for a balance that is not too basic but does not assume prior knowledge.

Do I need to take the courses in a specific order?

No, although the courses are designed to flow in a certain order, they can be taken in individual bite sized lessons. Perfect for the busy professional that needs to quickly learn or reference a specific topic.

Learner Feedback

Earn CPE Credits with WSP Online Courses

Wall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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