Many organisations and their executives are affected on a daily basis by interest rate changes, central bank policy, and developments in key market benchmarks such as the LIBOR interest rate. In today’s economy, it is essential to be fluent in the language of fixed income markets.

This unique intensive course covers the key concepts and institutional knowledge necessary to navigate modern fixed income markets successfully. It is aimed at professionals who are not yet experts in fixed income markets but would gain from a deeper understanding of the world’s largest, most complex financial market.

The course is led by Professor Ian Martin and Dr Martin Oehmke, faculty members of the #1 Finance department in Europe* with teaching experience at LSE, Stanford GSB and Columbia Business School. Over five days, participants will gain an authoritative overview of the critical players and institutions that shape the market and develop key valuation and risk management techniques. 

Programme benefits:

  • Gain valuable insight into Treasury markets and other government bond markets, including hands-on practice in bond valuation, interest rate risk analysis, and in interpreting the behaviour of the yield curve 

  • Engage with recent research that demonstrates the influence and role of central banks through conventional and unconventional monetary policy 

  • Achieve a broad understanding of the key money markets: the fed funds market, the Eurodollar market and benchmark interest rates such as LIBOR 

  • Understand the LIBOR scandal and debate the current and future impact of LIBOR market reform 

  • Gain insight into the role of forward and interest-rate swap markets and master key valuation and risk management techniques

  • Study secured funding (repo) markets, including the role of these markets during the financial crisis 

  • Learn about the credit risk and CDS markets

  • Explore securitisation and CDOs and their role in recent market turmoil, and discuss the future of these financial instruments

The programme takes an interactive approach through carefully selected case studies, hands-on exercises and discussion sessions with faculty and senior industry peers.


Familiarity with Excel will be assumed. All valuation techniques will be taught in class, but a degree of familiarity with basic discounting would be beneficial.

This executive course is suitable for:

This course is targeted at professionals who interact with fixed income markets and would gain from a deeper understanding of these markets. The target audience includes, but is not limited to:

  • financial services and insurance executives
  • executives at family offices, pension funds, and sovereign wealth funds
  • portfolio managers and asset managers
  • risk managers
  • central bankers, regulators, and policymakers
  • journalists with a focus on markets and the economy
  • lawyers with an interest in securities markets 

What's included in the fee?

The fee for this executive course includes: all LSE tuition, course materials, daily lunches, coffee breaks, two complimentary networking events with fellow senior participants and full office support. You will also be awarded an LSE certificate of completion at the end of the five days.

Programme Director

Professor Ian Martin

Professor Martin is the Programme Director for Msc Finance & Economics in LSE. His research includes the influence of disasters on financial markets; co-movement and contagion in financial markets; the pricing of long-dated assets; derivative pricing; and, most recently, forecasting in financial markets. As well as being an editor for Economica, his papers have appeared in the Quarterly Journal of Economics, Econometrica, the American Economic Review, the Review of Economic Studies, the Journal of Political Economy, and the Journal of Finance. Professor Martin has also previously worked as an interest-rate derivatives trader at Goldman Sachs and as an Associate Professor of Finance at Stanford University's Graduate School of Business.  



Dr Martin Oehmke

Dr Oehmke's main fields of interest are Financial Economics, Corporate Finance Theory and Financial Intermediation. Some of his research papers  include "Liquidating Illiquid Collateral", "The Anantomy of the CDS Market" and "Credit Default Swaps and the Empty Creditor Problem" which was the winner of the Goldman Sachs International Prize for Best Conference Paper. His publications can be found in Journal of Financial Economics, Journal of Economic Theory and Review of Financial Studies. Prior to his appointment at LSE Dr Oehmke has also held positions at the Federal Reserve Bank of New York, Oliver Wyman & Company and Goldman Sachs International.


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Previous LSE Executive Education Courses clients include:

  • Bank of England
  • Bayer SAS
  • Sky
  • Cancer Research UK
  • Coca Cola Enterprises
  • Credit Suisse
  • Ernst & Young
  • European Central Bank
  • Financial Services Authority
  • Google
  • Institute of Chartered Accountants
  • KPMG
  • Microsoft
  • Moet Hennessey
  • PwC
  • Siemens AG
  • The World Bank
  • Transport for London
  • United Nations
  • WHO
  • WTO


Receive more information about our 2017 executive short courses.


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How to contact us

+44 (0)207 849 4615

Tel: +44 (0)20 7849 4615

Executive Summer School Office Address Details (below)

Executive Education Courses Office
Houghton Street
London WC2A 2AE