eLEARNING

Certifi cate in Derivatives Market StrategiesUNLOCK THE COMPLEX WORLD OF DERIVATIVES WITH A GLOBALLY RESPECTED CREDENTIAL

Moody’s Certifi cate in Derivatives Market Strategies (CDMS) is an internationally recognized certifi cation that validates the knowledge and skills required to enter into and progress in a variety of roles that employ derivatives. With the Moody’s CDMS in hand, individuals will be recognized for their specialized knowledge and qualifi cations in the advanced concepts of both exchange-traded and over-the-counter (OTC) derivative investments and their applications.

Program OverviewThe CDMS is structured to provide an efficient and customizable e-learning experience that offers a modular approach that can be easily accessed and studied through mobile devices. The program materials cover international derivative concepts and applications. Learners receive a recognition certificate following completion of each of the six module's on-line quiz. Once all module quizzes are complete, the learner is eligible to write the final proctored exam.

CDMS Program Benefi ts

» Demonstrated an advanced, global standard in developing risk management, trading and product structuring strategies using derivatives while raising professional standards.

» Gained an in-depth understanding of exchange-traded and OTC derivatives and learned about the various underlying markets that the key derivative instruments are based on and are frequently used in.

» Earned Moody’s Certificate in Derivatives Market Strategies(CDMS) provides the globally recognized skills to unravel this complex subject into actionable knowledge that can be immediately applied in current roles or could assist in career progression.

» Learned about exchange-traded and OTC derivatives and how to apply these products in a number of different settings

UPON COMPLETION, YOU WILL HAVE:

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EXECUTIVE DIRECTOR, MOODY’S ANALYTICS

MOODY’S ANALYTICS CERTIFIES

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SELF-PACED LEARNING

60 –80 HoursAVAILABILITY

24/7 • Online

Who Should Enroll?Moody’s Certifi cate in Derivative Market Strategies (CDMS) is an internationally recognized certifi cation that individuals and corporate clients have endorsed as validating the knowledge and skills required to enter into and progress in a variety of roles that employ derivatives such as:

» Trading Desk Professionals

» Retail and Institutionalsales staff

» Portfolio Managers

» Research Analysts

» Structured ProductDevelopers

» Compliance Officers

» Risk Managers

» Back-Office Staff

» Treasury Staff

Learning Path

6 Modules • 32 Lessons

Certifi cate RecipientCertifi cate in Derivatives Market Strategies Exam

Introduction to Derivatives

Pricing of Derivatives

Underlying Markets

OTC Derivatives

Advanced Hedging and Product Structuring

Techniques Using Derivatives

Advanced Trading Techniques Using Derivatives

CDMS MODULES

1 An Overview of Derivatives An Overview of Derivatives

2 Understanding Underlying Markets

The Interest Rate Market

The Foreign Exchange Market

An Overview of the Crude Oil Industry

The Natural Gas Market and Industry Overview

An Overview of the Gold Industry and Markets

Agricultural Markets

3 Pricing of Forward and Option Based Contracts

Pricing of Forward-based Contracts

Option Pricing and Volatility

Option Sensitivities

4 OTC Derivatives Forward Rate Agreements and Forward Exchange Agreements

Over-the-Counter Options

Introduction to Swaps

Interest Rate Swaps

Currency Swaps

Credit Swaps

Other Types of Swaps

5 Advanced Trading Techniques Using Derivatives

Bull and Bear Spreads

Volatility Strategies I

Volatility Strategies II

Hedging Strategies

Income Strategies

Option Strategies and Technical Analysis

Futures Spread Strategies

Fundamental Analysis of Futures Markets

Technical Analysis of Futures Markets

6 Advanced Risk Management and Product Structuring Techniques Using Derivatives

Hedging Equity Market Risk

Hedging Interest Rate Risk

Hedging Foreign Exchange Risk

Hedging Commodity Risk

Principal Protected Notes (PPNs)

Derivative-Based ETFs

Program Outline

MODULES LESSON

Why Moody’s Analytics?

Current and Consultative

Unparalleled Expertise

Comprehensive Coverage

We work with you to understand the distinct needs of your organisation to design, implement, and track the performance of your learning programmes from end-to-end, including skills assessment, programme

design, implementation, evaluation, and enhancement.

We offer a broad set of technical and soft skills programmes that can be combined and

adapted to the needs of your staff. Our areas of expertise include banking, finance, sales, finTech,

negotiation and leadership development.

In delivery, our people make the difference – combining deep experience with intellectual passion for content, and having earned superior academic credentials, they

are committed to delivering outstanding quality.

Certification ExamCompletion of the modular learning materials and preparation for the proctored examination (60 multiple choice questions, 3 hours in length) generally takes 60-80 hours of study. On average, candidates who are employed full-

time can complete the course materials in 3-6 months. After completing the six modules specified, the candidate will be eligible to register for the certification examination. A pass score of 60% is required to earn the certification.

Contact UsIf you are interested in our program, email us at eLearning@moodys.com or visit us at www.moodysanalytics.com/certifications.

About Moody’s AnalyticsMoody’s Analytics helps banking, capital markets and risk practitioners worldwide respond to an evolving marketplace with confidence. We offer unique solutions and best practices for measuring and managing risk through loan origination and risk infrastructure, credit and risk analytics, economic research, financial advice and training and certification. As the training partner to many of the world’s leading global and regional banks, we have proven experience and expertise in

delivering world-class solutions that enhance staff proficiency and drive lasting business impact.