A comprehensive and 100% online program, exclusive to TECH, with an international perspective supported by our membership with The Economics, Business and Enterprise Association”

Stock Trading and Financial Markets represent a fundamental component of the global economic dynamic, enabling the efficient allocation of capital and market liquidity. In recent decades, the incorporation of advanced technologies and computational algorithms has transformed traditional practices, driving an evolution toward more sophisticated and automated strategies. Faced with this reality, professionals need to develop advanced competencies to handle cutting-edge analytical tools that optimize decision-making in volatile and complex environments. 

In this context, TECH is launching a ground-breaking Master's Degree in Stock Trading and Financial Markets. Designed by leading figures in the field, the academic pathway delves into the most sophisticated tools for market analysis, with an emphasis on risk management. At the same time, the syllabus provides students with the keys to mastering next-generation technological tools to track market movements in real time. As a result, graduates will develop advanced skills to interpret complex financial indicators, apply advanced quantitative analysis techniques, and manage risk with precision. In this way, they will become highly competitive professionals, fully adapted to the demands of today’s financial environment. 

Moreover, TECH offers a flexible 100% online modality that allows students to set their own schedules and pace of study. It also employs its disruptive Relearning system to ensure natural and progressive learning. In addition, participants will benefit from a variety of multimedia resources such as detailed videos, specialized readings, and interactive summaries. 

Thanks to the membership in the Economics and Business Association (EBEA), graduates will have access to publications, digital resources, and online seminars to stay up to date. They will also be able to participate in annual conferences and apply for the EBEA professional recognition, boosting their growth and professional excellence in economics and business.  

You will develop skills for risk management and the design of profitable Trading strategies” 

This Master's Degree in Stock Trading and Financial Markets contains the most complete and up-to-date program on the market. The most important features include:

• The development of practical case studies presented by experts in Stock Trading and Financial Markets
• The graphic, schematic, and practical contents with which they are created, provide scientific and practical information on the disciplines that are essential for professional practice
• Practical exercises where self-assessment can be used to improve learning
• Its special emphasis on innovative methodologies
• Theoretical lessons, questions to the expert, debate forums on controversial topics, and individual reflection assignments
• Content that is accessible from any fixed or portable device with an internet connection

You will master the use of modern platforms specialized in Financial Market operations” 

The faculty includes professionals from the field of Stock Trading and Financial Markets, who bring their real-world experience to this program, as well as renowned specialists from leading firms and prestigious universities.

The multimedia content, developed with the latest educational technology, will provide the professional with situated and contextual learning, i.e., a simulated environment that will provide an immersive learning experience designed to prepare for real-life situations.

This program is designed around Problem-Based Learning, whereby the student must try to solve the different professional practice situations that arise throughout the program. For this purpose, the professional will be assisted by an innovative interactive video system created by renowned and experienced experts.

The Relearning system applied by TECH in its programs reduces the long hours of study so frequent in other teaching methods”

You will develop a strategic profile that will enable you to coordinate multidisciplinary teams and design effective investment plans”

The teaching materials that are part of this degree have been designed by a team of Finance experts. Thanks to this, the curriculum will provide an in-depth understanding of the global financial environment, foreign exchange operations, and even investment in fixed-income assets. Likewise, the syllabus will offer the most innovative Trading strategies to identify risks early and mitigate them efficiently. In this regard, the didactic content will address the taxation of investments and trends in sustainable finance. In this way, graduates will operate successfully in complex and dynamic markets.

You will analyze current financial regulations, as well as their direct impact on stock market operations and global Markets”

Module 1. Analysis of the Global Financial Environment

1.1. Objectives of the Global Financial Environment

1.1.1. The Global Financial Environment
1.1.2. Financial System
1.1.3. Macroeconomic Environment

1.2. Analysis of the Financial Environment

1.2.1. Structure of the Financial System
1.2.2. Participating Agents and Typology
1.2.3. Financial Assets
1.2.4. Functions of the Financial System

1.3. The Financial System Markets and Financial Intermediaries

1.3.1. Capital Markets
1.3.2. Money Markets
1.3.3. Banking Institutions

1.4. Economic Environment Analysis

1.4.1. Microeconomics
1.4.2. Macroeconomics
1.4.3. Economic Agents

1.5. Economic Indicators

1.5.1. GDP and its Components
1.5.2. Inflation and Employment
1.5.3. Medium-Frequency Activity Indicators: PMI, Industrial Production

1.6. Interpretation of Economic Indicators

1.6.1. Measurement of GDP: Supply, Demand, and Income
1.6.2. CPI: Difference Between Headline and Core Readings
1.6.3. Indicators and Economic Activity

1.7. Analysis of the Economic Situation

1.7.1. Economic Cycles of Boom and Recession
1.7.2. Fiscal Policies
1.7.3. Monetary Policies
1.7.4. Current Financial Issues: Double-Digit Inflation
1.7.5. Current Financial Issues: Central Banks Rapidly Raising Interest Rates
1.7.6. Big Data in the Financial System

1.8. Global Economic and Financial Institutions

1.8.1. BIS
1.8.2. Central Banks: FED, ECB
1.8.3. UN: IMF, World Bank
1.8.4. Regulators: IOSCO, ESMA
1.8.5. OECD and WTO
1.8.6. Others

1.9. International Financial Organizations

1.9.1. G7, G20, G5
1.9.2. European Institutions
1.9.3. International Organizations: WTO, WHO
1.9.4. Country Groups: ASEAN, Pacific Alliance, BRICS, MIST, Next Eleven, EMEA, APAC

1.10. Financial Regulations

1.10.1. MiFID I and MiFID II
1.10.2. Investor Profile and Classification of Clients and Financial Products
1.10.3. Basel

Module 2. Currency Trading

2.1. International Financial Markets

2.1.1. Financial Globalization
2.1.2. Profitability and Risk of International Investment
2.1.3. Role of International Economic Organizations

2.2. International Trade and International Monetary System

2.2.1. Evolution of International Trade
2.2.2. Theories of International Trade
2.3.3. Need for a Monetary System

2.3. Foreign Exchange Market

2.3.1. Features of Foreign Exchange Markets
2.3.2. Peculiarities of the Foreign Exchange Market
2.3.3. Exchange Rate Insurance

2.4. Exchange Rates

2.4.1. Nomenclature
2.4.2. Currency Codes
2.4.3. Interconnection Institutions
2.4.4. Exchange Rate Variations
2.4.5. Causes of Exchange Rate Variation
2.4.6. Cross Exchange Rates
2.4.7. Exchange Rate Adjustmen

2.5. Relative Variation of the Exchange Rate

2.5.1. Depreciation vs. Devaluation
2.5.2. Price Variation: Inflation and Deflation
2.5.3. Law of One Price
2.5.4. Big Mac Index

2.6. Structure and Functioning of the Forex Market

2.6.1. Historical Background Leading to the Birth of the Forex Market
2.6.2. Floating Exchange Rates
2.6.3. Structure of the Global Market and Main Financial Centers
2.6.4. Advantages and Disadvantages of the Forex Market

2.7. Forward Foreign Exchange Market: Futures and Options

2.7.1. Currency Futures
2.7.2. Currency Options
2.7.3. Currency Swaps

2.8. Theories on Exchange Rate Determination

2.8.1. Purchasing Power Parity Theory (PPP)
2.8.2. Interest Rate Parity Theory (IRP)
2.8.3. Closed Fisher Theory
2.8.4. International or Open Fisher Theory
2.8.5. Expectations Theory

2.9. Risks in International Finance

2.9.1. Exchange Rate Risk
2.9.2. Interest Rate Risk Management
2.9.3. Exchange Rate Risk Management

2.10. Fundamental Strategies and Techniques for Trading in Forex

2.10.1. Strategies and Techniques for Trading in Forex
2.10.2. Types of Strategies
2.10.3. Trends

Module 3. Investment in Fixed-Income Assets

3.1. Fixed-Income Assets

3.1.1. Characteristics of Fixed-Income Assets
3.1.2. Types of Fixed Income
3.1.3. Key Concepts in Fixed Income

3.1.3.1. Face Value, Issue Price, Redemption Price, Coupon, Zero-Coupon Issue

3.2. Valuation of Fixed-Income Assets

3.2.1. Profitability Analysis
3.2.2. Risks Associated with Fixed-Income Investment
3.2.3. Risk Premium

3.3. Term Structure of Interest Rates

3.3.1. Term Structure of Interest Rates
3.3.2. Yield Curve (Zero-Coupon)
3.3.3. Measurement of Interest Rate: Duration, Sensitivity, and Convexity
3.3.4. Public Debt Markets. International Perspective

3.4. Primary Market

3.4.1. Secondary Market
3.4.2. Type of Assets: Bonds and Debentures
3.4.3. Market Members

3.5. Private Debt or Corporate Debt Markets International Perspective

3.5.1. Private Debt or Corporate Debt Markets
3.5.2. Organization of Markets
3.5.3. Traded Products

3.6. Primary Fixed-Income Market

3.6.1. Characteristics of Asset Issuance
3.6.2. Process of Issuing New Fixed-Income Securities
3.6.3. Issuance by Public Offering and Auction

3.7. Secondary Fixed-Income Market

3.7.1. Secondary Fixed-Income Market
3.7.2. Private Debt – Public Debt Market
3.7.3. Short-Term, Medium-Term, and Long-Term Issuances

3.8. Credit Rating and Rating Agencies

3.8.1. Measuring Default Risk
3.8.2. Rating Agencies
3.8.3. Credit Rating Process

3.9. Fixed-Income Portfolio Management

3.9.1. Active Management Investment Strategy
3.9.2. Passive Management Investment Strategy
3.9.3. Liquidity and Other Important Risks in Fixed-Income Management

3.10. Investor Profile

3.10.1. Investor Profile
3.10.2. Risk Profiles
3.10.3. Type of Fixed-Income Investor

Module 4. Investment in Equity Assets

4.1. Initial Public Offering Process. Key Aspects

4.1.1. Characteristics of Equity Assets
4.1.2. Market Members
4.1.3. Requirements
4.1.4. Stock Market Transactions: IPO, OPS, Takeover Bid, Capital Increase and Reduction
4.1.5. Market Operation: Schedule
4.1.6. Stock Market Sectors

4.2. Advantages of Listing on the Stock Exchange

4.2.1. Company Financing
4.2.2. Objective Valuation
4.2.3. Liquidity for the Shareholder
4.2.4. Prestige

4.3. Stock Market

4.3.1. Trading and Settlement Systems
4.3.2. Stock Market Operations
4.3.3. Order Types and Fixing Method
4.3.4. Trading Platforms

4.4. International Equity Indexes. Developed Countries

4.4.1. Characteristics
4.4.2. European Indexes
4.4.3. U.S. Indexes
4.4.4. Global Indexes

4.5. International Equity Indexes. Emerging Countries

4.5.1. Asian Indexes
4.5.2. Latin American Indexes
4.5.3. Other Indexes
4.5.4. ADRs

4.6. Trading Platforms

4.6.1. Main Trading Platforms
4.6.2. Requirements of Trading Platforms
4.6.3. Classification of Platforms by Asset
4.6.4. Brokers

4.7. Market Quality Measures

4.7.1. Liquidity
4.7.2. Volatility
4.7.3. Efficiency

4.8. Investment Schools I. Value Investors

4.8.1. Value Investing
4.8.2. Value and Price: A Fundamental Distinction
4.8.3. Value Investors

4.9. Investment Schools II. Growth and Quality Investing

4.9.1. Growth Investing
4.9.2. Quality Investing
4.9.3. Investors

4.10. Investment Decisions

4.10.1. Intrinsic Valuation: Discounted Cash Flows
4.10.2. Relative Valuation: Comparable Multiples
4.10.3. Company Listing at an Attractive Price

Module 5. Derivatives Trading

5.1. Objectives of Derivatives Trading

5.1.1. Derivatives Trading. Objectives
5.1.2. Derivative Transactions
5.1.3. Derivatives Trading. Advantages and Disadvantages

5.2. International Derivatives Market

5.2.1. International Derivatives Market
5.2.2. Classification of the Derivatives Market
5.2.3. Analysis of the Main Markets

5.3. Regulatory Framework of the Derivatives Market

5.3.1. Regulatory Framework of the Derivatives Market
5.3.2. Evolution of Derivatives Market Regulation
5.3.3. International Regulatory Framework of Derivatives

5.4. Investment Transactions in Derivatives

5.4.1. Interest Rate and Fixed-Income Derivatives
5.4.2. Equity Derivatives
5.4.3. Credit Derivatives

5.5. Challenges of Options Investment

5.5.1. Characteristics of Options Investments
5.5.2. Types of Options Investments
5.5.3. Main Challenges of Options

5.6. Challenges of Futures Investment

5.6.1. Characteristics of Futures Investments
5.6.2. Types of Futures Investments
5.6.3. Main Challenges of Futures

5.7. Challenges of Swaps Investment

5.7.1. Characteristics of Swaps Investments
5.7.2. Types of Swaps Investments
5.7.3. Main Challenges of Swaps

5.8. Challenges of Forward Contracts Investment

5.8.1. Characteristics of Forward Investments
5.8.2. Types of Forward Investments
5.8.3. Main Challenges of Forwards

5.9. Derivatives Investment Strategies

5.9.1. Derivatives Investment Strategies in Fixed Products
5.9.2. Derivatives Investment Strategies in Variable Products
5.9.3. Derivatives Investment Strategies in Credit Products

5.10. Derivative Investment Risks

5.10.1. Derivatives Investment Risks in Fixed Products
5.10.2. Derivatives Investment Risks in Variable Products
5.10.3. Derivatives Investment Risks in Credit Products

Module 6. Technical Analysis

6.1. Technical Analysis

6.1.1. Chart Analysis. Principles
6.1.2. The Rationale Behind Chart Analysis
6.1.3. Dow’s Theory

6.2. Types of Charts

6.2.1. Line Chart
6.2.2. Bar Chart
6.2.3. Candlestick Chart

6.3. Trendlines, Supports and Resistances

6.3.1. Classification of Trends
6.3.2. Evaluation of Trendlines
6.3.3. How to Determine the Break of Key Levels

6.4. Trend Reversal Patterns

6.4.1. Key Characteristics
6.4.2. Main Trend Reversal Patterns
6.4.3. Examples

6.5. Trend Continuation Patterns

6.5.1. Key Characteristics
6.5.2. Main Trend Reversal Patterns
6.5.3. Examples

6.6. Indicators Based on Moving Averages

6.6.1. Definition of Moving Average
6.6.2. How to Trade with a Moving Average
6.6.3. MACD

6.7. Price-Based Indicators (Oscillators)

6.7.1. RSI
6.7.2. Stochastic
6.7.3. Momentum

6.8. Trading Strategy

6.8.1. Analyzing the Chart
6.8.2. Analyzing the Indicators
6.8.3. Mindset Before Trading

6.9. Psychotrading

6.9.1. Psychological Phases
6.9.2. Main Emotions to Overcome
6.9.3. Commandments of TradingTrading Commandments

6.10. Mindset Shift: Commandments of TradingTrading Commandments

6.10.1. Commandments of TradingTrading Commandments
6.10.2. Before the Trade
6.10.3. During the Trade
6.10.4. Closing the Trade

Module 7. Fundamental Analysis

7.1. Economic and Financial Diagnosis of the Company

7.1.1. The Company’s Economic-Financial Activity
7.1.2. Equity Analysis
7.1.3. Economic Analysis
7.1.4. Financial Analysis
7.1.5. Dimensional Analysis
7.1.6. Practical Application

7.2. Fundamental Analysis by Multiples of Comparable Companies

7.2.1. Description of the Method
7.2.2. Selection of Comparable Companies
7.2.3. Corrections to be Made by the Analyst

7.3. Valuation of Companies by Multiples

7.3.1. Multiples Based on the Share Price
7.3.2. Multiples Based on the Company’s Market Value
7.3.3. Multiples Based on Company Performance
7.3.4. Dynamic Multiples
7.3.5. Practical Application

7.4. Dynamic Methods of Company Valuation

7.4.1. Investment Selection Methods Applied to Fundamental Analysis
7.4.2. The Discount Rate
7.4.3. Financial Projections

7.5. Estimation of the Company’s Cost of Financing

7.5.1. The Cost of Equity
7.5.2. The Cost of Debts
7.5.3. Weighted Average Cost of Capital
7.5.4. Practical Application

7.6. Optimal Financial Structure of the Company

7.6.1. Existing Theories
7.6.2. The Traditional Thesis
7.6.3. Estimation of Optimal Financial Structure
7.6.4. Practical Application

7.7. Business Valuation Using the Dividend Discount Method

7.7.1. Description of the Method
7.7.2. Analysis with Constant Dividends
7.7.3. Analysis with Growing Dividends
7.7.4. Practical Application

7.8. Optimal Dividend Policy

7.8.1. Options for Dividend Distribution
7.8.2. Dividend Distribution Policies
7.8.3. Payout and Profit Reinvestment Returns
7.8.4. Choosing the Optimal Dividend Policy
7.8.5. Practical Application

7.9. Company Valuation Using the Discounted Cash Flow Method

7.9.1. Description of the Method
7.9.2. Calculation of the Residual Value by Multiples
7.9.3. The Calculation of the Residual Value by the Perpetual Growth Method
7.9.4. Practical Application

7.10. Implementation of Fundamental Analysis

7.10.1. Stages of Fundamental Analysis
7.10.2. Investment Recommendations
7.10.3. Market Consensus
7.10.4. Investment Strategies Based on Fundamental Analysis

Module 8. Financial Products

8.1. Collective Investment

8.1.1. Involved Agents
8.1.2. Types of Fees
8.1.3. Advantages and Disadvantages of Collective Investment

8.2. Investment Funds

8.2.1. Classification of Investment Funds
8.2.2. Valuation and Performance of Investment Funds
8.2.3. Management Styles
8.2.4. Analysis and Selection of Investment Funds

8.3. Other Investment Vehicles

8.3.1. SICAVs
8.3.2. Real Estate Investment Vehicles
8.3.3. ETFs

8.4. Alternative Investment Funds

8.4.1. Concept of Alternative Management
8.4.2. Hedge Funds
8.4.3. Classification of Hedge Funds
8.4.4. Investment Strategies in Hedge Funds

8.5. Concept of Insurance

8.5.1. Factors Relevant to the Insurance Contract
8.5.2. Procedure of an Insurance Contract
8.5.3. Types of Insurance Contracts

8.6. Classification of Insurance

8.6.1. Personal Insurance
8.6.2. Property and Casualty Insurance
8.6.3. Property Insurance
8.6.4. Combined Insurance

8.7. Pension Plans and Funds

8.7.1. Concept and Nature of Pension Plans
8.7.2. Pension Funds
8.7.3. Covered Contingencies
8.7.4. Payout Modalities
8.7.5. Tax Incentives

8.8. Retirement Planning and Personal Coverage

8.8.1. Public and Private Pension Systems
8.8.2. Coverage Percentage Calculation
8.8.3. Savings Alternatives
8.8.4. Selection of Personal Coverage

8.9. Investment in Banking Products

8.9.1. Asset Products
8.9.2. Liability Products
8.9.3. Banking Services

8.10. Other Alternative Investments

8.10.1. Venture Capital
8.10.2. Commodity-Linked Products
8.10.3. Tangible Assets

Module 9. ESG Investments

9.1. ESG Pillars and Sustainable Development

9.1.1. The Three Pillars of ESG
9.1.2. Millennium Declaration and Millennium Development Goals (MDGs)
9.1.3. United Nations Global Compact
9.1.4. Sustainable Development Goals (SDGs)

9.2. Corporate Sustainability

9.2.1. Interrelation Between the Global Compact Principles and SDGs
9.2.2. Interrelation Between the ESG Pillars and SDGs
9.2.3. Paris Agreement and Sendai Framework
9.2.4. Corporate Sustainability Strategies

9.3. Sustainable Investments: Regulatory Context and Supervision

9.3.1. Definition of Sustainable Investment
9.3.2. Overview and Historical Evolution of Sustainable Investment
9.3.3. Regulatory Context
9.3.4. The Problem of Greenwashing
9.3.5. European Regulator Action (ESMA) on Sustainable Investment

9.4. Types of Sustainable Investments

9.4.1. Green Bonds
9.4.2. Companies Aligned with ESG Criteria
9.4.3. Sustainable Investment Funds
9.4.5. Thematic Funds and Megatrends
9.4.6. Impact Investments
9.4.7. Other Sustainable Assets

9.5. The Environmental Pillar

9.5.1. Main Environmental Issues
9.5.2. Relationships between Activities and Environmental Problems
9.5.3. International Cooperation and Megatrends
9.5.4. Opportunities in Terms of Climate Change and Environmental Issues

9.6. The Social Pillar

9.6.1. Social Megatrends and their Effects
9.6.2. Major Social Aspects and Business Activities
9.6.3. Significant Social Factors

9.7. The Governance Pillar

9.7.1. Variables related to the Management Team
9.7.2. Variables related to Shareholders
9.7.3. Variables related to the Communities
9.7.4. Variables related to Corporate Social Responsibility

9.8. Sectoral Issues

9.8.1. MIFID II and Sustainable Investments: Investment Advisors
9.8.2. SFDR and Sustainable Investments: Asset Managers
9.8.3. Understanding the Taxonomy of Sustainable Investments

9.9. Passive Management and ESG Indexes

9.9.1. Passive Management and ESG Indexes
9.9.2. ETF Investors and Sustainability
9.9.3. Sustainable Market Indexes

9.10. Information related to Sustainable Finance

9.10.1. Agents Involved in the Sustainable Finance Model
9.10.2. Frameworks for ESG Information Standardization
9.10.3. ESG Data and Rating Providers and Aggregators
9.10.4. Sources and Characteristics of Information

Module 10. Taxation of Investments

10.1. Global Tax Framework

10.1.1. Income Taxes
10.1.2. Corporate Tax
10.1.3. Indirect Taxes
10.1.4. Wealth Taxes
10.1.5. Excise Taxes

10.2. Taxation of Financial Transactions

10.2.1. Capital Income
10.2.2. Capital Gains and Losses
10.2.3. Tax Withholding

10.3. Taxation of Savings

10.3.1. Political Considerations
10.3.2. Economic Considerations
10.3.3. Financial Considerations
10.3.4. Tax Considerations
10.3.5. Social Considerations

10.4. Taxation of Investments in Southern Europe

10.4.1. Tax Rate
10.4.2. Income from Movable Capital
10.4.3. Capital Gains and Losses
10.4.4. Wealth

10.5. Taxation of Investments in the Rest of Europe

10.5.1. Tax Rate
10.5.2. Income from Movable Capital
10.5.3. Capital Gains and Losses
10.5.4. Wealth

10.6. Taxation of Investments in Latin America

10.6.1. Tax Rate
10.6.2. Income from Movable Capital
10.6.3. Capital Gains and Losses
10.6.4. Wealth

10.7. Taxation of Investments in Asia

10.7.1. Tax Rate
10.7.2. Income from Movable Capital
10.7.3. Capital Gains and Losses
10.7.4. Wealth

10.8. Taxation of Investments in the U.S

10.8.1. Tax Rate
10.8.2. Income from Movable Capital
10.8.3. Capital Gains and Losses
10.8.4. Wealth

10.9. Double Taxation

10.9.1. How International Double Taxation Works
10.9.2. Deduction for International Double Taxation
10.9.3. Countries with Double Taxation Treaties

10.10. Tax Incentive

10.10.1. Concept and Examples
10.10.2. Concept of Tax Dumping
10.10.3. Tax Havens

You will apply advanced technical and fundamental analysis techniques to identify investment opportunities in International Financial Markets”