Fixed Income Markets Certification (FIMC©)
Wall Street Prep's globally recognized certification program prepares trainees with the skills they need to succeed as a Fixed Income Trader on either the Buy Side or Sell Side.
Shareable on LinkedIn and in resumes
Finish in 1 month
Recommended pace 4 hours/week
The sameprogram used at top banks
Major Skills Covered
- Bond Math
- Yield Curves
- Money Markets
- Government Bonds
- Corporate Bonds
About this Certification Program
While other Fixed Income courses add formulas and complexity to hide the lack of real-world experience, Wall Street Prep's Fixed Income 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 Fixed Income program around practical requirements like Bloomberg, with Excel exercises to demystify how Bloomberg calculates Yield and Duration on a bond.
9+ Hours of Video Instruction. Acquire expertise taught from an insider's perspective. Master how to use the Bloomberg terminal to analyze bonds, yields and cashflows.
A Comprehensive Program.Designed with input from the largest global investment banks on what Fixed Income salespeople and traders need to know.
Meaningful, Shareable Certification. Graduates will receive a blockchain-verified, shareable certification that can easily be added to LinkedIn and resumes.
Frequently Bought Together
Your Path to Certification
This course is career-focused. We begin with an overview of the Fixed Income Market, sell-side investment banks and buy-side investors; move on to exploring how central banks impact bond yields; and discuss the yield curve. We demystify different fixed income products and build a basis for bond math. Using money markets, we learn about single cashflow investments and government bonds. Finally, we look at corporate bonds, discuss credit analysis, and take a look at the impact of seniority and collateral.
- 1 Introduction to Bonds and Fixed Income Trading Week 1
- 2 Economics and the Role of a Central Bank Week 1
- 3 Money Markets Week 2
- 4 Government Bonds Week 3
- 5 Corporate Bonds Week 3
- 6 Mortgage Backed Securities Week 4
Complete in 16 Hours
The FIMC is a job-focused program that drills down on what Fixed Income Markets professionals need to know while cutting out the rest. Average completion time (coursework + exam) is 16 hours.
Skills Fixed Income Markets Employers Look For
- Fixed Income Covered
- Bloomberg Covered
- Hedging Covered
- Trading Covered
- Derivatives Covered
Top Jobs the FIMC Will Prepare You For
|Position||1st Year Salary + Bonus *|
|Fixed Income Salesperson||$135-160,000|
|Fixed Income Structurer||$135-160,000|
|Fixed Income Quant||$175-200,000|
|Fixed Income Portfolio Manager||$105-130,000|
|Debt Capital Markets Analyst||$135-160,000|
* glassdoor.com estimates.
The average starting salary + bonus for Fixed Income Markets Sales & Trading Analysts. See our Sales & Training Salary Guide for more details of the career and pay progression. Data on average starting salaries is based on glassdoor.com U.S. estimates.
What You'll Learn
- Master the Bloomberg Bond DES screen
- Learn how bond traders and investors measure returns
- Decode the pricing and trading conventions of bonds
- Learn how to chart, graph and analyze bonds and yield curves on Bloomberg
- Use the Bloomberg Bond Calculators for Discounts and Yields
- Discover the Central Bank tools that move markets
- Calculate cashflows, yields and duration of actual bonds
- Demystify the difference between G, T I and Z spreads
- Understand the pricing and valuation process of new issue corporate bond
The FIMC© is the same program used to train new hires at Wall Street's largest investment banks.
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”
Includes 7 core courses + 3 electives
ElectiveCrash Course in Bonds and Debt
ElectiveDebt Capital Markets Primer
ElectiveDebt Capital Markets: How to Survive Day 1
Get the Fixed Income Markets Certification
Trainees are eligible to take the WSP Fixed Income Markets Certification Exam for 24 months from the date of enrollment. Those who complete the exam and score above 70% will receive a the certification. The exam is a challenging online assessment that covers the most difficult concepts taught in the program.
Meet Your Instructor
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 TrainingBuy the FIMC© and EMC© together and save $199
- 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.
Frequently Asked Questions
- How long does it take to complete the full certification program?
Most participants need 16 hours to complete the program, which is approximately 4 weeks at 4 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.
- Can I enroll in a single course?
Yes – you can enroll in any of the 6 individual courses.
- 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.
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