Course Description

In this Fixed Income Fundamentals course, we will introduce key fixed income terms and risk metrics such as coupon, yield and duration. Students will review the global sectors of the bond market, including treasuries and agencies, municipals, securitized and corporate bonds. We will examine yield curves and credit spreads. Students will learn how to calculate bond prices through their discounted cash flows of coupons and other metrics. Finally, students will review the various applications of fixed income investing, including bond portfolio management.

Learner Outcomes

Upon successful completion of this course, students will be able to:

  • Be able to articulate the basics of fixed income investing.
  • Be able to explain fixed income concepts and market operations.
  • Articulate questions designed to gain insight into successful fixed income investing strategies.


Completion of ECON X499.4 with a C or higher

To enroll in Strategic Investments elective courses, students must have completed ECON X499.1, ECON X499.2, and ECON X499.4 with a grade C or better. 

If you have substituted ECON X499.1 with a ECON 134A please email your unofficial transcript to help@professional.ucsb.edu for assistance.  

Concurrent Enrollment Permissible: If you have already enrolled in ECON X499.1 / ECON X499.2 / ECON X499.4 and wish to register before the courses have completed, please contact PaCE Support at 805-893-4200 to bypass the prerequisite.

Applies Towards the Following Certificates

Not offered this quarter. Classes are offered according to the schedule on the respective Certificate or Program Page. Please click on the Request Information below to be promptly notified when enrollment opens.