Last Updated: Aug 06, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Credit Analysis & Credit Derivatives | 15% | - Credit risk measurement and rating - Securitization and structured credit - Credit default swaps (CDS) |
| Portfolio & Risk Management | 15% | - Fixed income portfolio construction - Regulatory and market conventions - Hedging interest rate and credit risk |
| Structured & Embedded Option Securities | 20% | - Bonds with embedded call/put options - Convertible and exchangeable bonds - Inflation-linked securities |
| Fixed Income Analysis & Valuation | 25% | - Interest rate risk and duration/convexity - Term structure of interest rates - Bond pricing and yield measures |
| Interest Rate Derivatives | 25% | - Interest rate swaps and options - Futures and forward rate agreements - Valuation and risk management of derivatives |
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