Financial Mathematics Training
16
hours/3 months access/Instructor Supported
Overview
Financial Mathematics is a building block to learners in the field of finance.
The topics expose the user to fundamental concepts such as cash flows, present
value, future value, yield and probability that form the basis for further
advanced learning.
After completing this course you will be able to:
- Understand the dynamics of cash flows
- Calculate the various yield measures
such as current yield & yield-to-maturity
- Calculate the price of option-free
bonds and price/volatility characteristics of bonds with embedded options
- Comprehend volatility and correlation
and methods to calculate them
Financial Mathematics
Time taken to complete each Course: Two - Three hours
1. Basic Financial
Measures
·
Objectives
·
Yield Measures
·
Total Return Analysis
·
Net Present Value
·
Duration
·
Convexity
·
Price Value of a Basis Point
2. Time Value of Money
·
Objectives
·
Introduction
·
Future Value of Money
·
Present Value of Money
·
Future Value of Annuities
·
Present Value of Annuities
·
Present Value of Perpetuities
·
Amortization
3. Bond Pricing
·
Objectives
·
Pricing of Option-free Bond
·
Pricing of Floater/Inverse Floater
·
Price Determination between Coupon Periods
·
Yield Analysis
·
Price Volatility
4. Yield Curve Analysis
·
Objectives
·
Introduction to Yield Curve Analysis
·
Types of Yield Curves
·
Analyzing Yield Curve
·
Bond Arbitrage Strategies
·
Application of Yield Curves
5. Probability
Distributions and their Properties
·
Objectives
·
Introduction
·
Types of Probability Distribution
6. Measuring Volatility
·
Objectives
·
Review of Concepts
·
Normal Distribution
·
Introduction to Volatility
·
Estimating Volatility
7. Correlation and
Regression Analysis
·
Objectives
·
Introduction to Correlation
·
Calculating Correlation
·
Regression Analysis
JOB AIDS
·
Measurement Tools
Calculators in Financial
Mathematics
1. Amortization
2. Convexity
3. Basis Point Value
4. Current Yield
5. Duration of Bond
6. Net Present Value
7. Present Value of uneven series
8. Simple Linear Regression
9. Time Value of Money
10. Total Return
11. Yield-to-Call
12. Yield-to-Maturity
13. Price of Option-free Bond
14. Future Value of uneven series
15. Dirty Price and Clean Price
16. Internal Rate of Return
17. Payment Calculator
Elearning Features
ProTrain,
in partnership with Kesdee, offer state-of-the art simulated learning
environment. Exhaustive theoretical material supplemented with
contemporary case studies
Learner friendly courses with:
>
Formulae, definitions and concise summaries
>
Interactive simulations
>
Solved examples, practice exercises and quizzes
>
Mock exams from proprietary database
>
Timed tests in exam format
>
Personalized results for self assessment
>
Glossary, FAQs, Pocket Reference
>
Valuable reference extracts
Other features include :
>
E-mail subject-matter expert
>
Online with 24x7 customer support
Legal
Assistant / Paralegal Course Overview
Are you a
self-starter with an interest in legal work? You can prepare for a fulfilling
career as a legal assistant or paralegal today! Learn to do legal research,
help prepare legal cases for hearings and trials, and work with legal
documents. Work in a law firm, bank, court, government agency, or one of dozens
of organizations who are depending more on legal assistants and paralegals
today.
Best of all,
you can train from home…on your own terms! You pick the time you study, and
manage the pace of your first-rate training built to suit your career needs.
Fast-track your training if you want! It’s in your hands.
Why
Blackstone? With decades of experience, Blackstone is the leader in flexible
career training programs.
As a
Blackstone distance education student, you can enjoy an Online
Student Center. You select the course delivery method that best fits your
educational preferences and your learning style. You’ll have access to all the
support you need as you complete this course.
Through the
Legal Assistant / Paralegal training program, you’ll gain the clock hours
needed to sit for the Certified Legal Assistant (CLA) certification exam given
by the National Association of Legal Assistants
(NALA). You can learn how to use powerful legal research tools like
LexisNexis ® Total Research System, Shepard’s®
Citations Service; and so much more. (Learn more about the products and
services for paralegals offered from LexisNexis
®.)
The Blackstone
Legal Assistant / Paralegal training program even teaches you how to find a
job!
Now is the
time to launch your new legal assistant/ paralegal career.
Click for free information >>

Legal
Assistant / Paralegal Career
What is a
Paralegal?
Sometimes
paralegals are referred to as legal assistants, lawyer’s assistants, or
investigators. Each of these terms describes dependable, skilled professionals
who serve in a variety of capacities in the legal community. Paralegals have
been officially recognized by the American Bar Association since 1968.
Paralegals
provide valuable services while working under the supervision of lawyers.
Responsibilities vary greatly depending upon the employer and position.
Paralegals are often responsible for conducting research, drafting legal documents,
working with clients, and assisting in trial preparation.
How do I know
if a paralegal career is right for me?
Becoming a
paralegal is a great choice for your future if you are seeking a more
fulfilling profession or you want to improve your current lifestyle. Paralegal
training can provide the edge you need to stand out and step up in your current
career as well as help you achieve professional certification.
Are there
legal assistant and paralegal job opportunities out there? And what about job
security?
There is a
steadily increasing need for paralegals in the private sector as well as in
various government offices. Even when other elements of the economy slow down,
the need for paralegals will continue to grow. This is because paralegals can
provide many of the same services as lawyers, but at a lower cost.
In recent
years, the number of new jobs in the national paralegal market has outpaced the
growth rate for most other jobs. The U.S. Department of Labor estimates employment for paralegals will grow
much faster than the average for all occupations through 2014.
Paralegals are
in demand at private law firms, large corporations, insurance companies, and
government agencies. Some paralegals choose to work in community legal aid
offices, helping to bring legal services to those who wouldn’t normally have
access to such help.
Experienced
paralegals may enjoy even greater opportunities creating a home business. See
where Blackstone graduates are employed!
What kind of
salary could a paralegal / legal assistant earn?
According to
the National
Association of Legal Assistants, paralegals had an average salary of
$48,211 in 2008. Many also received a bonus, which averaged $3,808.
According to
the 2008-09 Occupational Outlook Handbook, top paralegal pay was over
$67,540 in 2006, while the middle 50 percent of paralegals earned between
$33,920 and $54,690.
Where will I
work as paralegal and what will I be doing?
Paralegals
fill an assortment of positions in almost every locale in law firms and a
multitude of other entities. Often, paralegals choose positions based on unique
interests and skills, previous work experience, or future goals for
specialization and advancement.
When you
receive your diploma, you may choose to work in a corporate legal department
handling employee benefits and contracts, or performing necessary regulatory
research and analysis. Or, you may work for a small law firm and use your
knowledge of all aspects of law, or a large law firm where you will specialize
in criminal law or real estate law.
No
matter what your interests, the paralegal field—with its unlimited variety of
employers, specialties, and positions—likely holds the perfect opportunity for
you and your dreams for the future.
Organizations
that employ paralegals include:
- Banks; Savings and Loans
- Construction Companies
- Corporate Legal Departments
- Court Reporting Agencies
- Federal and State Banking Agencies
- Insurance Companies
- Internal Revenue Service
- Law Firms
- Law Schools
- Legal Aid Societies
- Municipal, Trial, and Appellate Courts
- Private Investigators
- Sheriff’s Department
- Title Companies
- Unions
Paralegals
also work for federal, state, and local government, where there is an
increasing need for additional paralegals. Large numbers of paralegals work for
the Federal Deposit Insurance Corporation, the U.S. Department of Justice, the
U.S. Department of Treasury, and the U.S. Department of Defense.
Additionally,
community legal aid offices of federal and state government employ paralegals
as:
- Benefits Representatives
- Bankruptcy Law Specialists
- Case Advocates and Specialists
- Community Education Specialists
- Consumer Law Specialists
- Domestic Relations Specialists
- Employment Law Specialists
- Health Law Specialists
- Housing/Tenant Law Specialists
- Immigration Law Specialists
- Information and Referral Specialists
- Legal Research Specialists
- Legislative Advocates
- Public Entitlement Specialists
- Senior Citizens Specialists
- Social Security Specialists
- Tribal Court Representatives
- Wills Procedures Specialists
Can I enroll
in the Blackstone legal assistant / paralegal course without prior legal
training?
Yes! If you
are a motivated self-starter, you will find the home study course to be
well-paced and easy to understand. You will learn to crawl before you have to
walk. Then before you know it, you will be running towards your new and
exciting career.
What will I
receive when I enroll in the Blackstone legal assistant / paralegal course?
You will
receive the materials, training, and support that you need to become an
entry-level paralegal. Materials include:
- ten-volume Modern American Law series
- a law dictionary and glossary
- two volumes covering legal research and writing and another
covering ethics
- a text on finding a job as a paralegal and improving your
employability skills with a corresponding study guide
- 31 exams to assess your knowledge
- an official transcript and diploma at course completion
Experts in the
field of paralegal studies have prepared these materials. All materials have
been time-tested and proven to provide students with the knowledge necessary to
succeed. While comprehensive, the materials are also easy to understand because
they are written in clear English. A detailed list of the items above can be
viewed by clicking on the Materials tab at the top of this page.
The
Blackstone program also provides the required clock hours needed to sit for the
Certified Legal Assistant (CLA) examination administered by the National Association of
Legal Assistants (NALA).