~ General structure of global bond and money markets

~ Arbitrage and the time value of money as the core principles underlying security valuation (and how to use them to price fixed income securities)

~ Classic risk measures of fixed income securities (duration/DV01/convexity) and their applications to risk management

~ Immunization and applications in asset/liability management

~ Pricing, yield, accrued interest and day count conventions

~ Term structure of interest rates, its theories, and some accepted theories (by some) of the forces that shape it

~ Trading applications (riding the yield curve and rate level trading)