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LOMA 357 — Institutional Investing: Principles and Practices

Course Type: Course Portal, Designation
Topics: Financial Services & Financial Planning, Life Insurance
Designations: ACS, FLMI
Language: English



Overview

LOMA 357 provides an understanding of the investment regulatory environment and investing for life insurance companies and similar institutions. This course takes investments out of the black box! You’ll learn about investment returns and risks, investment performance, and fund options for retirement products and other products with fund options.

Topics

  • Overview of Investments
  • Regulation and Standardization
  • Governance and Control
  • Risk and Return in Investments
  • Fund Options of Separate Accounts
  • Institutional Portfolio Management
  • Managing the General Account
  • Bonds and Bond-Related Investments
  • Investments Based in Real Estate
  • Stocks, Derivatives and Alternative Investments
  • Understand the movement of funds into, and out of, financial services companies.
  • Describe the objectives of solvency regulation and market conduct regulation, including transparency, fiduciary standards, suitability requirements, disclosure regulations, and privacy protection requirements; explain how companies can proactively manage the risk of changing regulatory requirements and standards.
  • Recognize potentially unethical or illegal practices that the investment function must guard against, including insider trading, front running, late trading, market timing, soft-dollar arrangements, collusion, theft, fraud, and Ponzi schemes.
  • Describe the purpose of attribution analysis, explaining the significance of sector selection, security selection, portfolio concentration, momentum, and unexplained residual return, and understand how the results of attribution analysis are used in portfolio analysis.
  • Describe the investment attributes of structured debt securities, including asset-backed securities and collateralized loan obligations, and the process a loan originator follows to create structured debt securities.
  • Describe private equity and distinguish among different types of private equity investments, including venture capital funds, leveraged buyout funds, mezzanine debt funds, and distressed debt funds.

Course Format

Course Portals include the following elements:

  • PDFs of the assigned course materials that can be printed or read online
  • The same interactive Practice Questions and Sample Exams currently found in LOMA Test Preparation Guides (TPGs)
  • Recommended study plans to help learners set goals and manage their study schedule
  • A variety of additional media-oriented features designed to enhance the study and review process

Exam Format

The LOMA 357 exam has 60 questions and a time limit of 2 hours. It is available in I*STAR, Prometric and Paper exam formats.

Study Materials

Institutional Investing: Principles and Practices (LOMA, 2013)
ISBN 978-1-57974-420-5

Test Preparation Guide for LOMA 357 (LOMA, 2013)
ISBN 978-1-57974-419-9

Optional printed textbook (not included in bundled fee)

Institutional Investing: Principles and Practices (LOMA, 2013)
ISBN 978-1-57974-418-2
PBD Order # 357-10-13

Ordering printed study materials

Most Course Portals include online access to the course’s study materials and do not require purchase of additional printed study materials. However, you can order printed study materials for some designation courses (for an additional cost) via LOMA’s learning system, or by using the textbook order form and information below:

For the United States and Canada, you can order study materials for designation courses through PBD by using the form and information below:

2017

PBD Worldwide
P.O. Box 930108
Atlanta, Georgia 31193-0108
Tel: 1-800-887-3723 or 770-280-4178
Fax: 770-280-4150
Email: LNH@pbd.com
Website: www.lomabookstore.com

Additional textbook order forms

Forms include applicable mailing and contact information

2017

How to Enroll

Enrolling in Courses with Proctored Exams

LOMA requires proctored examinations for many of its professional designation courses. Study materials for these courses are delivered via online Course Portal, and enrollment in the Course Portal also includes enrollment in one of our proctored exam options for the course. Proctored exams are administered in LOMA member organizations and in independent testing locations around the globe. LOMA exams vary in length from two–three hours. Consult the Designation Study Materials Roadmap for specific information about the length of your exam.

Proctored examinations can take one of three forms:

Enrollment Step-by-Step

  1. Log in to your LOMA Learning account using your login ID and password.
  2. Browse the Learning Catalog for the course for which you would like to enroll.
  3. Select ADD TO CART next to the items for which you would like to enroll.
  4. Choose Exam Type — you must choose between Prometric, I*STAR, or Paper Exam enrollment.
    • Select Exam Site — your company’s primary exam site (if applicable) will appear on the screen. To see other available exam sites, click “Search.”
    • Note for Independent Students: Click “Include 3rd party exam sites” to find open exam sites offered by other companies. More information on Independent Student enrollment.
    When you have selected an exam site, click “Save.”
  5. Return to the catalog to continue searching for courses and add additional items to your shopping cart, or click the shopping cart to check out.
    • If you have not already done so, you will be prompted to log in to the LOMA learning system at this time. Once you have successfully logged in, click the shopping cart again to begin the checkout process.
     
  6. Review your shopping cart. Click CHECK OUT to proceed.
  7. If you are purchasing a physical product (example: a textbook), complete the SHIPPING information screen.
  8. Enter payment information
    • If your company has set up direct billing with LOMA, an account code will appear next to the “Bill My Company” field.
    • If you are using direct-to-company billing method, ensure that the radio button next to the “Bill My Company” field is selected and then click “Next” to continue.
    • If you are paying for your enrollment by credit card, enter all of the required fields for a credit card transaction. Once you have provided all of the required information, click “Next” to continue.
  9. Review your order, accept LOMA’s Terms and Conditions, and click BUY NOW. An enrollment confirmation will be emailed to you.

See the LOMA 357 video
LOMA 357