TRAINING
The Capital Markets and Financial Innovation Federal Training Program
In recent years, Argentina has experienced a series of economic challenges that evinced the importance of diversifying sources of financing and promoting a more dynamic and efficient capital market. This context calls for greater participation by private investment in project financing, on account of which the capital market is now being considered a fundamental tool for sustainable economic development and job creation.
In this respect, it is essential to implement public policies that promote the development of the capital market and make it accessible to a wide range of economic actors.
The CFI's Capital Markets Training Program seeks to strengthen financial innovation and provide professionals with technical and financial training, in addition to promoting ethics, transparency, and social responsibility.
As an institutional stakeholder, the CFI plays an instrumental role in achieving a balanced economic and social development of the Argentine provinces, financing projects and promoting investment opportunities. The capital market is a fundamental tool in the pursuit of these objectives as it allows to gear savings towards productive investment, mobilize financial resources, reduce costs, and diversify the country's financial structure, fostering the participation of investors and entrepreneurs from all over the country.
The first module, Introduction to the Capital Market and its Instruments, covers topics such as capital markets, sources of public and private financing, bonds, stocks, derivatives (options, futures, and swaps), and mutual funds.
The second module, Portfolio Analysis and Management, covers portfolio management and investment decisions, fundamental analysis of stocks, technical analysis and behavioral finance, and macroeconomics and monetary policy.
The third module, Business and Project Finance, covers topics related to SME financing, such as negotiation of checks, mutual guarantee associations (SGRs) and guarantee funds, public offerings and corporate bonds, as well as production financing tools (multilateral organizations, public programs, investment banks).
The fourth module, Public Sector Financing and Sustainability, covers the following topics: bills, bonds, trusts, tax revenue sharing systems, royalties, sub-sovereign sector financing, legal aspects of public financing, and sustainable finance (ESG).
Finally, cryptocurrencies and blockchain, fintech and their impact on the capital market are the topics of the last module, called Financial Technology and New Investment Instruments.
In addition to classes, the Program includes complementary workshops on basic concepts of financial mathematics, gender equality in the capital market, risk ratings, corporate finance, social and economic evaluation of projects, public sector financing, and federalism.
After the classes and workshops, the training ends with the presentation of a final project. At this stage, participants will be able to choose between structuring an SME placement or structuring a public offering.
- Understanding how capital markets work and their relationship with the economy.
- Knowing the different financial analysis tools available to assess the profitability and risk of investments.
- Developing investment portfolio management skills, both in the public and private sectors.
- Providing the knowledge necessary to manage financing instruments for the public sector at the national, provincial and municipal levels: bonds, treasury bills, and financial trusts.
- Learning about the different financing instruments available and their application in production projects.
- Learning about the different forms of responsible and sustainable investment and their impact on the economy and society.
Virtual classes provide a space for participation where attendees can engage in debates of pre-reading materials, presentations, and group discussions. Workshops and seminars, which focus on complementary and relevant topics, aim to provide participants with a federal and inclusive vision of the capital market and financial development.
