FIMS case studies
FIMS · Put your knowledge to work in context.
FIMS is a mid-level to senior professional certification in financial markets, aimed at candidates who already understand basic instruments and now need to work across analysis, valuation, portfolio construction and client advice. It suits bank and securities professionals moving into advisory, investment or product roles, and analysts broadening from a single asset class to whole-portfolio thinking. The FIMS case studies are 5 cases and about 2,649 words.
1Funding a 30-Day Surrender Wave with a Bond-Heavy Portfolio
You are treasurer of a mid-sized life insurer. Policyholder surrenders and agent commissions require 48 million net cash in 30 days.
539 words, about 3 min2A Growth Story with a Working-Capital Warning
You are a credit analyst at a mid-market lender reviewing Northline Components for a sponsored acquisition. Revenue is 520 million, EBITDA is 78 million, and the proposed debt package is 390 million at SOFR+425, seven-year maturity.
546 words, about 3 min3Callable Bond in a Falling-Rate Environment
You manage a 400 million fixed-income fund. You hold 10 million face value of a 7-year, 5.00% semiannual-coupon bond purchased at par.
526 words, about 3 min4Endowment Spending Under a Liquidity Stress Test
You advise a 300 million endowment with a 4.5% spending rule based on the three-year average market value, an inflation assumption of 2.5%, and investment costs of 0.6%. The current policy portfolio is 60% global equity, 30% investment-grade bonds, and 10% cash; its expected nominal return is 6.4% with volatility of 11%.
574 words, about 3 min5Material Information, Allocation Pressure, and a Family Account
You are a portfolio manager at a boutique wealth firm. A long-standing client, who sits on the board of a supplier to a listed company, tells you in a private call that regulatory approval for an acquisition of that listed company is certain to be announced within two weeks.
464 words, about 2 min