This module builds the quantitative foundation required for fixed income analysis by introducing core mathematical concepts such as geometric series, Taylor series, derivatives, integration, and exponential functions. Learners develop the analytical skills necessary to understand bond pricing mechanics, interest rate sensitivity, and continuous compounding models used in modern fixed income mathematics.

This module focuses on the time value of money and its application to bond valuation. It explores exponential and logarithmic functions, zero coupon bond pricing, annuities, and perpetuities, enabling learners to calculate present values and understand long-term cash flow structures in fixed income securities.

This module examines different bond structures and their cash flow characteristics, including bullet bonds, amortized bonds, floating rate bonds, and par coupon rate dynamics. Learners gain practical insights into how coupon structures and repayment patterns influence bond pricing and yield behavior.

This module explores the framework of interest rates, discount rates, yield calculations, and return measurement in fixed income investments. Learners develop the ability to interpret yield measures such as current yield and yield to maturity, and to assess realized return under varying market conditions.