The course 'Basics of Investing in the Stock Market' is organized by the GPW Foundation and the Warsaw School of Economics, under the honorary patronage of the Warsaw Stock Exchange.
The course is in hybrid form: In-person in SGH classrooms and remotely via the MsTeams application.
Date: October 18-20, 2024.
Cost: 550 PLN.
Registration: https://www.gpw.pl/szkola-gieldowa-zapis/?city=WA
Detailed course program:
1. The impact of the economic environment on the stock market (2.5 hours), including among others:
* Basic concepts of the financial market.
* The relationship between the economic environment and the Stock Exchange.
* The impact of the economic environment on investment decisions.
* WIG index and corporate profits in Poland.
* Gross Domestic Product (GDP).
* The structure of GDP growth and stock prices in Poland.
* GDP forecasts.
* State policy in Poland.
* Inflation.
* Interest rates.
* Unemployment.
* Economic cycle – assessment of the cycle phase.
2. The functioning of the Warsaw Stock Exchange (3 hours), including among others:
* The importance of the capital market in the economy.
* Capital market infrastructure.
* Primary market – IPO.
* Secondary market – first order and transaction.
* Session schedule.
* Stock exchange information.
3. Capital market and financial instruments (3 hours), including among others:
* Basic legal acts.
* Financial market.
* Capital market.
* Financial instruments listed on the stock exchange:
- Cash market.
- Stocks.
- Rights to shares.
- Subscription rights.
- Bonds.
- Preemptive rights from bonds.
- Investment certificates.
- Structured products.
- ETFs.
- Mortgage bonds.
* Derivatives market:
- Futures contracts.
- Options.
4. Company selection and evaluation (3 hours), including among others:
* Stages of fundamental analysis, characteristics of the company and market environment.
* Company's financial statements – how to read them and what to pay attention to.
* Financial analysis ratios and market ratios.
* Comparative analysis based on selected companies.
5. Technical analysis, behavioral finance, and principles of managing a portfolio of financial instruments (3 hours), including among others:
* Technical analysis.
- Axioms of technical analysis.
- Sources of stock market data and their use in analysis.
- Methods of data presentation.
- Elements and tools of technical analysis.
- Trend analysis.
- Selected price formations.
- Use of moving averages in analysis.
* Behavioral finance.
- Basics of behavioral finance.
- Types of errors made by investors.
* Principles of managing a portfolio of financial instruments.
- The concept of an investment portfolio.
- Components of an investment portfolio.
- Investment horizon.
- Stages of the portfolio construction process.
- Diversification and risk reduction of the portfolio.
- Example investment strategies.
Participants of the course receive educational material in the form of a textbook in pdf format. It includes presentations used by the instructors and information about additional literature and sources of information on the discussed topics.
After completing the course, participants also receive an electronic certificate.