UNC Capital Markets Certificate100 Days, Endless Dividends

Information Session - August 19th, 2015

Introductions

Jim BrittonAssociate Director, UNC CML and Capital Markets Program

Adam RingManaging Director, FIRST FINANCE Institute

Greg BrownProfessor of Finance, Fixed Income Professor

Agenda

Quick overview by Professor Greg Brown to understand the benefits of the program

Provide background on UNC Capital Markets Certificate

Discuss specific details about the program

Answer any specific questions

The oldest public university in the United States, University of North Carolina at Chapel Hill was founded in 1789 and has over 35,000 graduates in 81 different countries. Kenan-Flagler has been recognized as the 11th best business school in the US by Bloomberg BusinessWeek and the #1 Online MBA program by US News and World Report.

FIRST FINANCE Institute (FFI) is the leading enabler of online education programs for premier business schools worldwide. Since 1996 FFI’s parent company has trained financial professionals around the world.

UNC and FFI have partnered to launch an innovative online Certification Program in Capital Markets.

UNC Capital Markets Certificate

Why UNC Capital Markets Certificate?

Real-World Financial Skills In-depth understanding of how markets

operate and specific assets are values Convenient and Cost Effective

Online format; Only physical location requirement is final exam testing center

Unparalleled Quality Program developed by UNC Kenan-Flagler

faculty in collaboration with FIRST FINANCE Institute

UNC Capital Markets Certificate

The online certification program includes three courses designed to prepare and position students and working professionals for success in the financial services industry:

Course 1: Introduction to Capital Markets

Course 2: Fixed Income Markets Course 3: Foreign Exchange Markets

Each of the three courses takes an average of 20 hours to complete (five hours per week for each four-week course). Students will spend approximately 70 to 90 hours to complete the entire UNC certification program, including preparation for the final exam.

UNC Capital Markets

Course 1: Introduction to Capital MarketsStudents will develop an understanding of how capital markets are organized, the roles of key players and the mechanics of financial products – including stocks, bonds and options – that are needed to make informed investment decisions.

UNC Capital Markets

Course 1: FacultyStephen L WeissFounder and Managing Partner of Short Hills Capital Partners, LLC, a fund of hedge funds. SHCP invests in long/short equity hedge funds on behalf of qualified investors and institutions. As a CNBC Contributor, he appears regularly on the Halftime Report

Shelly LombardSpent more than two decades on Wall Street working at some of the world’s preeminent financial institutions, including Barclays, Citi, Drexel Burhnam Lambert, and Chase Manhattan Bank.

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INTRODUCTION TO CAPITAL MARKETS

FIXED INCOME MARKETS

FX MARKETS

WEEK 1 Macroeconomic environment and capital markets, stocks & economic environment:

Money Markets Introduction to the Foreign Exchange market:

WEEK 2 Role of key players in financial markets

Bond markets Discounting cash flows

WEEK 3 Options Pricing FX OptionsWEEK 4 Fixed Income

Products, Discounting cash flows

Fixed income derivatives

The Greeks

UNC Capital Markets 12 Week Outline

Course 2: Fixed Income MarketsStudents will develop an understanding of how the primary bond markets are organized and the roles of key players, learn the primary uses of money market products and bonds, and develop an understanding of new bond issues.

UNC Capital Markets

Course 2: FacultyGreg BrownSarah Graham Kenan Distinguished Scholar and Professor of Finance at UNC Kenan Flagler, where he teaches corporate finance, financial derivatives and macroeconomics. His research centers on financial risk and the use of financial derivative contracts as risk management tools. He also studies private investment strategies, such as hedge funds and private equity.

7

INTRODUCTION TO CAPITAL MARKETS

FIXED INCOME MARKETS

FX MARKETS

WEEK 1 Macroeconomic environment and capital markets, stocks & economic environment:

Money Markets Introduction to the Foreign Exchange market:

WEEK 2 Role of key players in financial markets

Bond markets Discounting cash flows

WEEK 3 Options Pricing FX OptionsWEEK 4 Fixed Income

Products, Discounting cash flows

Fixed income derivatives

The Greeks

UNC Capital Markets 12 Week Outline

Course 3: Foreign Exchange (FX) MarketsStudents will learn essential FX trading terminology and develop an understanding of regulations, market instruments and the mechanics and uses of FX derivatives, as well as valuation techniques.

UNC Capital Markets

Course 3: FacultyChristian LundbladEdward M. O’Herron Distinguished Scholar and Professor of Finance at the UNC Kenan-Flagler Business School. His research spans asset pricing and international finance, with a specialization in emerging market development. Dr. Lundblad served as a financial economist at the Federal Reserve Board in Washington, D.C., where he advised the Board of Governors on international financial market developments.

7

INTRODUCTION TO CAPITAL MARKETS

FIXED INCOME MARKETS

FX MARKETS

WEEK 1 Macroeconomic environment and capital markets, stocks & economic environment:

Money Markets Introduction to the Foreign Exchange market:

WEEK 2 Role of key players in financial markets

Bond markets Discounting cash flows

WEEK 3 Options Pricing FX OptionsWEEK 4 Fixed Income

Products, Discounting cash flows

Fixed income derivatives

The Greeks

UNC Capital Markets 12 Week Outline

All of the three courses count as 60% of the overall program grade. The final exam incorporates content from each of the three courses and counts as the remaining 40% of the grade.

The online curriculum provides a highly interactive learning experience to maximize knowledge retention: Quizzes (both practice and graded weekly) Graded final course exercises Discussion boards Weekly live sessions with learners and instructors (recorded for

review later as well)

UNC Capital Markets

Schedule

Typical schedule for the Certificate (final days and times for live sessions TBD)

UNC Capital Markets: Sample Asynchronous Format

UNC Capital Markets: Sample Synchronous Format

Key Dates:

• 2015: Cohort 2 begins on September 14th, 2015 and runs until December 16th, 2015

• 2016: Cohort 3 begins on February 8th, 2016 and runs until May 4th, 2016

• Sign up at capitalmarkets.unc.edu/enroll. • Deadline is Sept 13th for 2nd cohort

Cost:

• Tuition is $2,500

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The total cost includes 70+ hours of learning.

Includes:

• Three required courses• Printable learning aids• Printable course summaries• Access to teaching assistants

UNC Capital Markets: Next Cohorts & Pricing

Next Steps

Adam Ring FIRST FINANCE Institute - 212-321-7095, ring@first-finance.netJIm Britton UNC Kenan-Flagler Business School - 919-962-3648, Britton@unc.edu

ate in Capital Markets Foundations

Q & A

Capitalmarkets.unc.edu CapitalMarkets@unc.edu