LEVEL 100

Level 101 - Introduction to Investments

A basic survey for persons with little or no prior background on the financial markets, including
potential investors, students etc. The topics include the f.

The concept of capital and financial markets.

Risks and rewards of investing.

How and why securities prices change.

Valuing securities.

Duration: 4 days
Fees: GH61.00

LEVEL 200
Level 201 - Fundamentals of Finance and Financial Markets
This course introduces participants to fundamentals of Finance and Financial Markets and covers
Accounting, Economics, Securities Laws, etc. It will be terminal for most non-professional
students, but for aspiring professionals in the industry, it serves as the foundation and a
prerequisite for further courses in preparation for licensing and/or advanced responsibilities. As a
prerequisite, a student without a background in finance, economics and accounting should have
completed Course 101 or a specialized course for professionals in the finance services industry.
Areas of study include the following:

Economics - Introduction

Money and Capital Markets.

Introduction to Corporate Finance

Regulation of the Financial Markets.

Introduction to Economics.

Accounting and Financial Statement Preparation.

Introduction to Financial Analysis.

Valuation Models.

Accounting Fundamentals

Time Value of Money

Duration: 10days
Fees: GH204.00
Exams Fees: GH60.00

LEVEL 300
Level 301/2 - Securities Trading and Investment Advisory Techniques
A specialized course for professionals who will be servicing client accounts as registered
representatives and or investment advisors, and who will be seeking licensing in these capacities.
Topics Include the following:

The stock exchange structure

Roles and Responsibilities of LDM's and ADO's

Rules and Regulations regarding trading on GSE

Trading procedures

Reporting and Record keeping

Clearance and Settlement

Listing application processServicing client accounts

Agency/principal concepts

Determining the Clients needs/objectives

Identifying appropriate investment vehicles

Portfolio considerations and techniques

Rules and regulations of SEC and GSE

Salesmanship and building your business

Duration: 7 days
Fees: GH255.10
Fees: GH60.00

Level 303 - Investment Analysis and Portfolio Management/Introduction to Derivatives

A specialized course for research analysts, financial Service professionals and other interested
individuals. Areas of study include the following:

Overview of Investment Analysis and Portfolio Management

Fixed Income Analysis and Portfolio Strategies

Risk-Return and Portfolio Formation

Valuation of Equities

Performance Evaluation

Introduction to Derivatives: spot market, forwards, futures, options and swaps

Duration: 10 days
Fees: GH307.00
Exam Fees: GH60.00

Level 304 - Corporate Finance

A specialized course for those performing investment banking activities for brokerage firms as
well as for chief financial officers and other senior personnel of potential corporate issuers. The
topics include:

Fundamentals of corporate finance

Rates of return

Cost of Capital

Capital budgeting decisions

Short term vrs long term financing decisions capital structure

Dividend policy and related issues

Issuance of securities

Mergers and Acquisitions

Issuer repurchase

Duration: 10 days
Fees: GH307.00
Exams Fees: GH60.00
LEVEL 400
Level 401 - Legal & Regulatory Framework and Supervision
This course is relevant and essential for ADOs and other Senior Personnel of Stock Brokerage
Firms. Directors and Managers of Banks, Financial Institutions, as well as Firms listed on the
Exchange, will find the course informative and useful. Topics include:

An overview of Securities Regulations

The Structure if the Regulatory System in Ghana

The Ghana Stock Exchange as a Self-Regulatory Organization

Regulation of Collective Investment Schemes

Duration:3Days
Fees:GH153.00
Exams Fees: GH 60.00

GSE Securities Course Schedule - There Will Be Two Sessions For Each Period (Afternoon And
Evening Sessions)
Afternoon sessions starts at 2:00pm and ends at 5:00pm
Evening sessions starts at 5:00pm and ends at 8:00pm

FEBRUARY/MARCH/APRIL 2014

Exam Date
(Optional)

Course

Course Date

Level 101 - Introduction to Investment

Feb 03 - 06

Not Examinable

Level 201 - Fundamentals of Finance and Financial

Markets

Feb 10 - 21

May 02

Level 304 - Corporate Finance

Feb 26 - Mar
May 06
11

Level 303 - Investment Analysis and Portfolio Management Mar 17 - 26

Level 301/302 - Investment Advisory Techniques &

Securities trading

May 09

Apr 01 - Apr
May 13
9

Level 401 - Legal & Regulatory Framework & Supervision Apr 14 - 16

May 16

JUNE/JULY/AUGUST 2014

Course

Course Date

Exam Date
(Optional)

Level 101 - Introduction to Investment

Jun 02 - 05

Not Examinable

Level 201 - Fundamentals of Finance and Financial

Markets

Jun 09 - 20

Sep 02

Level 304 - Corporate Finance

Jun 25 - Jul
08

Sep 05

Level 303 - Investment Analysis and Portfolio

Management

Jul 14 - 25

Sep 09

Level 301/302 - Investment Advisory Techniques &

Securities trading

Jul 30 - 31

Sep 12

Level 401 - Legal & Regulatory Framework & Supervision Aug 11 - 13

Sep 16

OCTOBER/NOVEMBER 2014

Course

Course Date

Exam Date
(Optional)

Level 101 - Introduction to Investment

Sep 23 - 26

Not Examinable

Level 201 - Fundamentals of Finance and Financial

Markets

Sep 30 - Oct
Dec 08
13

Level 304 - Corporate Finance

Oct 16 - 29

Dec 10

Level 303 - Investment Analysis and Portfolio

Management

Oct 31 - Nov
Dec 12
13

Level 301/302 - Investment Advisory Techniques &

Securities trading

Nov 17 - 25

Level 401 - Legal & Regulatory Framework & Supervision

Nov 27 - Dec
Dec 17
01

Dec 15