DEBT Capital Markets (DCM)

Program Description

Behind every great company lies a financing structure. And behind much of that financing lie the debt capital markets: the mechanism through which corporates, financial institutions, and governments raise funds by issuing debt to investors. To understand DCM is to understand how the economy is financed.

This program walks through the cycle of a debt issuance: origination, structuring, placement, and the role of each participant, from the issuer to the underwriting bank and the institutional investor. Twelve hours of technical depth that allow participants to read an issuance the way those who build it do.

The course is delivered in Virtual Live format starting in July 2026. It is part of the extended PWM 2026 catalog of the Private Wealth Management Institute, with an investment of $30,000 MXN, VAT not included.

General Objective

For participants to understand how the debt capital markets operate, from the origination and structuring of an issuance through its placement, as well as the role of the different participants and the implications for issuers and investors.

Learning Objectives

• 01Understand the function of the debt capital markets within the financial system.
• 02Learn the process of originating, structuring, and placing debt issuances.
• 03Distinguish the principal debt instruments and their tenor, rate, and risk characteristics.
• 04Analyze the role of issuers, underwriting banks, and institutional investors in an issuance.
• 05Interpret the market conditions that determine the cost and timing of an issuance.
• 06Assess the implications of debt issuances for portfolios and private wealth investors.

Why Take This Program

1. Twelve hours of technical depth on the debt capital markets.
2. Covers the cycle of an issuance: origination, structuring, and placement.
3. Explains the role of each participant: issuers, underwriting banks, and investors.
4. Virtual Live format: live sessions with real-time interaction, from any location.
5. Begins in July 2026.
6. Knowledge applicable on both the issuer side and the investor side.
7. Complements the PWMI catalog's training in financial markets.
8. Part of the extended PWM 2026 program catalog of the Private Wealth Management Institute.
9. Investment of $30,000 MXN, VAT not included.
10. The institutional backing of the Private Wealth Management Institute.

Syllabus — Key Topics