This is a basic level programme for those who wish to either begin a career in the financial markets in India or simply learn the fundamentals of capital markets. The course is structured to help understand the basic concepts relating to different avenues of investment, the primary and the secondary market, the derivatives market and financial statement analysis.

Why should one take this course?

• To get a basic understanding of the products, players and functioning of financial markets, particularly the capital market.
• To understand the terms and jargons used in the financial newspapers and periodicals.

Who will benefit from this course?

• Students
• Teachers
• Investors
• Employees of BPOs/IT Companies
• Employees of Brokers/Sub-Brokers
• Housewives
• Anybody having interest in the Indian securities market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Financial Market Beginner's Begineer's Module (.pdf)

Study Material: Financial Market Beginner's Module (.pdf)

Mutual funds have become a much sought after investment product in recent years. This course demystifies the concept of mutual funds and helps create awareness and knowledge about the industry and its functioning.

Why should one take this course?

• To understand the concept of mutual funds.
• To know about the roles of different players viz., custodians, asset management companies, sponsor etc. in the mutual fund industry.
• To learn about the tax and regulatory issues related to mutual funds.
• To understand the fundamentals of net asset value (NAV) computation and various investment plans.

Who will benefit from this course?

• Students
• Investors
• Financial planners
• Analysts
• Equity researchers
• Anybody having interest in the Indian mutual fund industry

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Mutual Funds: A Beginner's Module (.pdf)

Study Material : Mutual Funds: A Beginner's Module (.pdf)

This module has been designed with a view to improve awareness about the 'Currency Derivatives' product, which has been made available for trading in the Indian securities market in 2009. The course content is structured to help a beginner understand what the product is, how it is traded and what uses it can be put to.

Why should one take this course?

• To understand the fundamentals of the currency market.
• To understand the currency futures as a risk management tool.
• To learn about the trading platform of the currency derivatives segment of a stock exchange.

Who will benefit from this course?

• Students
• Teachers
• Bankers
• Corporate Executives
• Employees of Export/Import Houses
• Analysts
• Employees of Brokers and Sub-brokers
• Anybody having interest in the Indian Securities Market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Currency Derivatives: A Beginner's Module (.pdf)

Study Material : Currency Derivatives: A Beginner's Module (.pdf)

This module has been prepared with a view to equip candidates with basic but essential information and concepts regarding the equity derivatives markets.

Why should one take this course?

• To understand the concept of derivative.
• To learn the types of derivative products and their application.
• To learn about the the trading of derivatives on the stock exchanges.

Who will benefit from this course?

• Students
• Teachers
• Employees of Brokers/Sub-brokers
• Individual Investors
• Employees of BPOs/IT companies
• Anybody having interest in the derivatives market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Equity Derivatives: A Beginner's Module (.pdf)

Study Material : Equity Derivatives: A Beginner's Module (.pdf)

Interest rate risk management is becoming increasingly important not just for the financial sector, but for the household sectors as well. Interest rate derivative products are the primary instruments available to manage such risks. Interest Rate Derivatives: A Beginner's Module aims at creating a better understanding of the concepts underlying the money market and giving insights into the motives of and operations related to the trading of interest rate derivatives."

Why should one take this course?

• To understand the concept of money market
• To understand the interest rate derivatives as a risk management tool

Who will benefit from this course?

• Students
• Teachers
• Employees of Banks, Insurance Companies"
• Primary Dealers
• Employees of Brokers/Sub-Brokers
• Anybody having interest in the Indian money market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Interest Rate Derivatives: A Beginner's Module (.pdf)

Study Material : Interest Rate Derivatives: A Beginner's Module (.pdf)

This module aims at familiarizing the candidates with the fundamentals of banking and provides some basic insights into the policies and practices followed in the Indian banking system.

Why should one take this course?

• To learn the fundamentals of banking.
• To improve one's awareness of the policies and practices in the Indian banking sector.
• To be familiar with banking services available in India.

Who will benefit from this course?

• Students aspiring for banking as a career
• Bankers
• Employees of Call Centres / BPOs of Banks
• Teachers of financial courses
• Anybody having interest in the area of banking

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Commercial Banking in India: A Beginner's Module (.pdf)

Study Material: Commercial Banking in India: A Beginner's Module (.pdf)

This module develops on the Financial Market Beginner's Module. It discusses the issues relating to different areas of securities market in greater depth and detail than the Financial Market Beginner's Module. In addition, the course helps understand the securities market structure and government securities market.

Why should one take this course?

• To understand the various products, participants and the functions of the securities market.
• To understand the market design of Primary Market & Secondary Market.
• To understand the government securities market.

Who will benefit from this course?

• Students
• Investors
• Employees of Broker and Sub-brokers
• Depository Particpants employees
• Employees of Mutual Funds
• Employees of Research Houses/Analysts/Researchers
• Employees of BPOs/IT Companies
• Anybody having interest in the Securities Market

Test details

Duartion: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%). There is negative marking for incorrect answers."

Certificate validity: For successful candidates certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline: Securities Market (Basic) Module (.pdf)

Study Material : Securities Market (Basic) Module (.pdf)

Corrigendum (.pdf)

Why should one take this course?

• To understand the capital market trading operations of NSE.
• To understand the clearing, settlement and risk management processes.
• To know about the eligibility criteria for seeking membership at NSE.
• To learn the other important regulatory aspects.

Who will benefit from this course?

• Employees of Stock Brokers and Sub-Brokers
• Students
• Teachers
• Employees of BPO/IT Companies
• Investors
• Anybody having interest in the Stock market operations

Test details

Duration:105 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is negative marking for incorrect answers.

Certificate validity:For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Capital Markets (Dealers) Module (.pdf)

Study Material : Capital Markets (Dealers) Module - English (.pdf)

Study Material : Capital Markets (Dealers) Module - Hindi (.pdf)

Study Material: Capital Markets (Dealers) Module - Gujarati (.pdf)

Derivatives are known to be among the most powerful financial instruments. The Indian equity derivatives market has seen tremendous growth since the year 2000 when equity derivatives were introduced in India. This module provides insights into different types of equity derivatives, their trading, clearing and settlement and the regulatory framework.

Why should one take this course?

• To learn the basics of the derivatives market
• To understand the use of derivative products in speculating, hedging and arbitraging
• To learn the trading, clearing, settlement and risk management in equity derivatives
• To learn the regulatory, accounting and taxation issues relating to equity derivatives.

Who will benefit from this course?

• Students
• Stock Brokers and Sub-Brokers dealing in derivatives
• Custodians and Employees of Mutual funds
• Individual investors as well as High Networth Individuals (HNIs)
• Portfolio Managers
• Financial Institutions
• Anybody having interest in the Stock market operations

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 3 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Derivatives Markets (Dealers) Module (.pdf)

Study Material : Derivatives Markets (Dealers) Module - English (.pdf)

Study Material : Derivatives Markets (Dealers) Module - Hindi (.pdf)

Study Material : Derivatives Markets (Dealers) Module - Gujarati (.pdf)

Corrigendum (.pdf)

This module explains in simple terms the basic concepts of different types of debt instruments (G-secs, T-bills, CPs, Bonds and CDs) and provides useful insights into the Indian debt market, its various components, the trading mechanism of debt instruments in stock exchanges, bond valuation and so on.

Why should one take this course?

• To understand the fundamental features of debt instruments.
• To understand the trading of the debt instruments on the NSE-WDM Segment.
• To know the regulatory and procedural aspects related to debt market.
• To learn the concepts of bond valuation, yield curve, bootstrapping and duration.

Who will benefit from this course?

• Students
• Teachers
• Debt Market Dealers
• Employees of BPO/IT Companies
• Anybody having interest in the Fixed Income Market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Please note that for this module, Open Office application will be provided at the test centres at the time of the test.

Download

Course Outline : FIMMDA-NSE Debt Market (Basic) Module (.pdf)

Study Material : FIMMDA-NSE Debt Market (Basic) Module (.pdf)

Corrigendum

An efficient depository is critical to the efficient functioning of the capital market. This module provides deep insight into the functioning of the depository and outlines the various operational issues. It has been mandated by the National Securities Depository Limited (NSDL) (which is one of the depositories in India), that all branches of depository participants must have at least one person qualified in this certification programme. This module has been jointly developed by NSE and NSDL.

• To understand the rationale for a depository.
• To know about the services provided by a depository.
• To understand the processes involved in a depository's functioning.
• To understand the NSDL application software.

Who will benefit from this course?

• Staff of the Depository Participants
• Students
• Teachers
• Bank Employees
• Investors
• Candidates seeking to make a career in depository operations
• Anyone interested in gaining knowledge about the depository participants operations.

Test details

Duration: 75 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%). There is negative marking for incorrect answers. Candidates securing 80% or more marks in NSDL-Depository operations module only will be certified as 'TRAINERS'.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : NSDL-Depository Operations Module (.zip)

Study Material : NSDL-Depository Operations Module (.zip)

Investment Analysis and Portfolio Management is a growing field in the area of finance. This module aims at creating a better understanding of the various concepts/principles related to investment analysis and portfolio management.

Why should one take this course?

• To have a practical orientation towards the principles of investment, pricing and valuation"
• To learn the various methodologies of financial analysis "

Who will benefit from this course?

• Students of Management and Commerce
• Finance Professionals
• Employees with Treasury & Investment division of banks and financial institutions
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers."

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date."

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline: Investment Analysis and Portfolio Management Module (.zip)

Study Material: Investment Analysis and Portfolio Management Module (.zip)

Fundamental analysis is a stock valuation methodology arrived at by performing security analysis. An appropriate security analysis forms the basis of successful investment decisions.

This module aims at providing a basic insight about fundamental analysis and various valuation methodologies used.

Why should one take this course?

• To have a basic understanding about fundamental analysis .
• To learn the various valuation methodologies

Who will benefit from this course?

• Students of Management and Commerce
• Finance Professionals
• Stock Analysts
• Employees with Treasury & Investment division of banks and financial institutions
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Fundamental Analysis Module (.pdf)

Study Material : Fundamental Analysis Module (.pdf)

This module has been prepared with a view to provide a comprehensive and in depth knowledge about technical analysis.

Why should one take this course?

• To obtain comprehensive knowledge about technical analysis.
• To understand the basis of technical analysis.
• To understand the strengths and weaknesses of technical analysis.

Who will benefit from this course?

• Students
• Stock Analysts
• Finance Professionals
• Employees with Treasury & Investment division of banks and financial institutionss
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred Eighty Six Only).

Download

Course Outline : Technical Analysis Module (.pdf)

Study Material : Technical Analysis Module (.zip)

This module has been prepared with a view to provide candidates with a comprehensive and in depth knowledge about the financial markets

Why should one take this course?

• To have a comprehensive and broad based knowledge about the financial markets.
• To get acquainted with various products, players and functioning of financial markets.

Who will benefit from this course?

• Students
• Teachers
• Investors
• Finance Professionals
• Employees of Trading Members/ sub-brokers
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Financial Markets (Advanced) Module(.pdf)

Study Material: Financial Markets (Advanced) Module (.pdf)

Securities markets are a catalyst for economic development and growth of the economy. They play a critical role in mobilizing savings for investment in productive assets, with a view to enhancing a country's long-term growth prospects. They act as a major driver in transforming the economy into a more efficient, innovative and competitive marketplace.

This module aims at providing a comprehensive and in-depth knowledge about the securities markets. While it not being a necessary criteria, it is advisable to have cleared the NCFM Beginners modules before taking up this module.

Why should one take this course?

• To have a comprehensive and broad based knowledge about the securities markets.
• To get acquainted with various securities markets products, rules and regulations.

Who will benefit from this course?

• Students of Management and Commerce
• Security Market Professionals
• Finance Professionals
• Employees with banks and financial institutions.
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Securities Market (Advanced) Module(.pdf)

Study Material: Securities Market (Advanced) Module (.pdf)

The mutual fund industry has come to occupy an important place in India. It forms an important part of the capital market, providing the benefits of a diversified portfolio and expert fund management to a large number of investors, particularly small investors. With the improvement in deployment of investment through markets, the need and scope for mutual fund operations has increased tremendously.

This module aims at providing a comprehensive and in-depth knowledge about mutual funds.

Why should one take this course?

• To have a comprehensive and broad based knowledge about the mutual fund industry.
• To get acquainted with mutual fund operations, valuation of investments by mutual fund schemes, mutual fund accounting and rules & regulations.

Who will benefit from this course?

• Students of Management and Commerce
• Finance Professionals
• Stock Analysts
• Employees with banks, mutual funds and financial institutions
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline: Mutual Fund (Advanced) Module (.pdf)

Study Material : Mutual Funds (Advanced) Module (.pdf)

Businesses need funds for establishment, growth and development. Banks remain as the main pillar for financing business activities. There is an increased need for qualified individuals who possess requisite skills and significant knowledge in banking in these fast moving, globalized financial markets.

This module aims at providing a basic insight about banking operations and to acquaint the learners with various banking related services.

Why should one take this course?

• have a basic understanding about banking operations
• To get acquainted with various banking related services.

• Students of Management and Commerce
• Finance Professionals
• Employees with banks and financial institutions
• Distributors / Agents
• Anybody having interest in this subject

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Banking Sector Module (.pdf)

Study Material : Banking Sector Module (.pdf)

Insurance serves a number of valuable economic functions that are largely distinct from other types of financial intermediation. The insurance market has witnessed dynamic changes, which includes presence of a fairly large number of insurers both in life and non-life segment. There is an increased need for qualified individuals who possess requisite skills and significant knowledge in insurance in these fast moving and globalised financial markets.

This module aims at providing basic insight about the concept of insurance, types of insurance, fundamentals of risk management, insurance contracts & principles.

Why should one take this course?

• To have a basic understanding about the concept of insurance
• To learn about the various types of insurance, fundamentals of risk management, insurance contracts and principles etc.

Who will benefit from this course?

• Students of Management and Commerce
• Finance Professionals
• Employees with banks and financial institutions
• Distributors / Agents
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Insurance Module (.pdf)

Study Material : Insurance Module (.pdf)

Understanding of Economics is a key to discern how the financial markets operate. There are intricate linkages between various economic factors and financial variables which can have both direct and indirect impact on the financial markets. An economic perspective facilitates identification of the causes of different economic developments as well as anticipation of the possible impact of changes in policies.

This module aims at providing a basic understanding of various macroeconomic concepts and a glimpse of macroeconomic behavior.

Why should one take this course?

• To have a basic understanding of various macroeconomic concepts
• To learn about macroeconomic behavior

• Students of Management and Commerce
• Economists
• Finance Professionals
• Stock Analysts
• Employees with financial institutions
• Anybody having interest in this subject

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

This module has been prepared with a view to provide a comprehensive and in depth knowledge about mergers and acquisitions.

Why should one take this course?

• To have a comprehensive and broad based knowledge about mergers and acquisitions.
• To get acquainted with various forms of re-organisations.

Who will benefit from this course?

• Teachers
• Students
• Finance Professionals
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Mergers and Acquisitions Module (.pdf)

Study Material :Mergers and Acquisitions Module (.zip)

This module has been prepared with a view to provide a comprehensive and in depth knowledge about the back office operations in the securities markets.

Why should one take this course?

• To have a comprehensive and broad based knowledge about back office operations.
• To know the various types of primary issues and the activities that drive the primary market
• To get an overview of various operational activities and gain insights on post-trade activities in the markets.

Who will benefit from this course?

• Students
• Teachers
• Employees of brokers and sub-brokers
• Employees of Mutual Funds
• Finance Professionals
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Back Office Operations Module (.pdf)

Study Material :Back Office Operations Module (.zip)

This module has been prepared with a view to provide a comprehensive and in depth knowledge about wealth management.

Why should one take this course?

• To have a comprehensive and broad based knowledge about wealth management.
• To understand the role of various investment products and structured products in long term wealth creation and the risks underlying such products and services.
• To know about the assessment of risk profile of clients and the importance of asset allocation in wealth management.

Who will benefit from this course?

• Students
• Investors
• Finance Professionals
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Wealth Management Module (.pdf)

Study Material :Wealth Management Module (.zip)

Developing countries like India have a significant demand for projects. Yet capital is scarce. There is a need to channel the capital into the most deserving of projects. Further, the pool of capital has to be widened through involvement of private sector.

Growth of the entire country can be propelled through better infrastructure. Yet, some special needs need to be addressed, before a wider non-government involvement can be expected in building infrastructure for the country

This module addresses such commercial and policy issues related to setting up commercial projects and national infrastructure.

Why should one take this course?

• To have a comprehensive and broad based knowledge about project finance.
• To get acquainted with estimating the cost of a project, various tools used to assess feasibility of projects, benefits of sensitivity analysis and scenario analysis, various sources of project finance and issues related to mobilizing project finance and newer structures of infrastructure financing, role of taxation and incentives in projects.

Who will benefit from this course?

• Students of Management and Commerce
• Finance Professionals
• Employees with banks, public / private sector companies, financial institutions and infrastructure companies
• New entrepreneurs
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred Eighty Six Only).

Download

Course Outline : Project Finance Module (.pdf)

Study Material : Project Finance Module (.zip)

There are vast arrays of strategies available for trading options. This module discusses the objectives of these strategies and the conditions under which they are successful. It is advisable to take the NCFM Derivatives Markets (Dealers) Module test which would make you familiar with the basic concepts of the options market, before attempting this module.

Why should one take this course?

• To learn about the various option strategies.
• To understand payoff concepts.
• To understand the objectives and risks of each different strategies.

Who will benefit from this course?

• Teachers
• Students
• Traders
• Investors
• Employees of BPO's/IT Companies
• Anyone interested in the derivatives market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Options Trading Strategies Module (.pdf)

Study Material :Options Trading Strategies Module (.zip)

This module has been prepared with a view to provide a comprehensive and in depth knowledge about the options markets.

Why should one take this course?

• To have a comprehensive and broad based knowledge about the options markets.

• To get acquainted with various types of options and options strategies

Who will benefit from this course?

• Students
• Teachers
• Investors
• Traders
• Employees of brokers / sub-brokers
• Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 35

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Candidates opting for this module will be provided with Normal Distribution Table at the time of the test.

Please note that for this module Excel 2003 application will be provided at the test centres at Mumbai and Delhi while Open Office application will be provided at all other test centres.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Please note that for this module, Open Office application will be provided at the test centres at the time of the test.

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Course Outline : Options Trading (Advanced) Module (.pdf)

Study Material : Options Trading (Advanced) Module (.zip)

Normal Distribution Table : Options Trading (Advanced) Module (.pdf)

The aim of this module is to provide beginners as well as the dealers with both theoretical and applied knowledge pertaining to commodities trading. The module is beneficial for those who wish to pursue careers in brokerage firms dealing in commodity derivatives. This module has been developed jointly by NSE and NCDEX.

Why should one take this course?

• To understand the difference between commodity and financial derivatives.
• To know the usage of commodity futures.
• To understand the pricing mechanism of commodity futures.
• To learn about the NCDEX trading platform, clearing and settlement operations.
• To know the regulatory framework and taxation aspects of the commodities market.

Who will benefit from this course?

• Students
• Commodity Market Dealers
• Researchers
• Employees of BPO/IT Companies
• Anybody having interest in the Commodities Market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 50 (50%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 3 years from the test date.

Fees

2,022/- (Rupees Two Thousand Twenty Two Only)

Download

Course Outline: Commodities Market Module (.pdf)

Study Material: Commodities Market Module (.zip)

Effective surveillance is the sine qua non for a well functioning capital market. This module has been developed pursuant to the desire of the Inter-Exchange Market Surveillance Group of SEBI to have a certified training programme. The module provides insights into the surveillance issues in the stock market. transactions.

Why should one take this course?

• To understand the importance of market surveillance mechanism.
• To learn the role of surveillance in risk management.
• To learn the rules and regulations like Anti Money Laundering Act, SEBI (Prohibition of Insider Trading) Regulations etc."
• To understand the concept of corporate governance.

Who will benefit from this course?

• Surveillance staff of the Exchanges and Regulators
• Compliance officers
• Students & Teachers
• Anyone interested in the securities market

Test details

Duration: 120 minutes

No. of questions: 50

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).

Download

Course Outline : Surveillance in Stock Exchanges Module (.pdf)

Study Material : Surveillance in Stock Exchanges Module (.pdf)

To build confidence among investors, it is imperative to adopt the best corporate governance policies and practices. Recognizing this need, this module endeavors to impart knowledge about the evolution of the corporate governance in India. It also discusses important concepts related to corporate governance and the regulatory framework governing it. This module has been jointly developed by NSE and The Institute of Company Secretaries of India (ICSI).

Why should one take this course?

• To understand the evolution of corporate governance in India.
• To understand the clause 49 of the listing agreement.
• To know about the disclosure and reporting requirements for companies.

Who will benefit from this course?

• Managerial Staff of Corporates
• Students and Teaching Community
• Students of the Institute of Company Secretaries of India (ICSI)
• Anybody interested in the area of Corporate Governance

Test details

Duration: 90 minutes

No. of questions: 100

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).
 

Course outline

• Evolution of Corporate Governance
1. Evolution of corporate governance in India & abroad; Provisions regarding corporate governance in the listing agreement; Board governance and independence; Board systems & procedures.
• Disclosures
1. Disclosure requirements; Reporting requirements; Related party transactions.
2. Compliance of conditions of the listing agreement with respect to corporate governance.

Study material

The Study material for this module is available at the following ICSI's offices:
A. ICSI-Centre for Corporate Research & Training
Plot No. 101, Sector 15, Institutional Area, CBD Belapur,
Navi Mumbai 400614
Phone - 27577814 - 16, Extn. 406. Fax no. 27574384
email ccrt@icsi.edu, ccrt@vsnl.com.

B. Western Indian Regional Council (WIRC) of the ICSI
13 Jolly Makers Chambers - II, First Floor,
Nariman Point, Mumbai 400021
Phone 22047569, Contact person: Mr. Mani
Fax No. 22850109
email : wiro@icsi.edu

Why should one take this course?

• To understand the statutes pertaining to the securities market.
• To learn about the rules, regulations and bye-laws of the exchanges.
• To understand the SEBI guidelines.

Who will benefit from this course?

• Compliance Officers
• Students of Law colleges
• Candidates interested in making their career as compliance officers/legal officers in the securities market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).
 

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Course Outline : Compliance Officers (Brokers) Module (.pdf)

Compliance officers of any company needs to have adequate knowledge of the legal and regulatory requirements for carrying out the business of that company. A sound knowledge of these helps the organization adhere to the required compliance standards. The Compliance Officers (Corporates) module tests the candidates on their knowledge of the relevant rules, regulations and guidelines governing the corporates such as the Companies Act. Those of you, interested in taking the test in this module need to refer to the Companies Act, SC(R)A, Depositories Act etc as per the curriculum. Please note that no study material is provided for this module.

Why should one take this course?

• To understand the Companies Act, 1956.
• To know about the provisions of the listing agreement.
• To know about the Securities Contracts (Regulation) Act, 1956.

Who will benefit from this course?

• Compliance Officers
• Students of Law colleges
• Candidates interested in making their career as compliance officers/legal officers in the securities market

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees

1,686/- (Rupees One Thousand Six Hundred and Eighty Six Only).
 

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Course Outline : Compliance Officers (Corporates) Module (.pdf)

Information security is of vital importance in the corporate environment where a vast amount of information is processed by organizations on a day to day basis. An information security audit is one of the best ways to determine the security of an organization's information. This module has been developed for those involved with or interested to know about information security related issues in the financial markets. On successful completion of both the parts of this module, candidates are provided with a 'Certified Information Security Auditor for Financial Markets' certification. This module has been jointly developed by NSE and the iSec Services Pvt. Ltd. (iSec).

Why should one take this course?

• To understand the regulatory, legal and compliance issues in information security for financial markets.
• To know the provisions for business continuity plan.
• To understand the security management practices and physical and environmental security.

Who will benefit from this course?

• Students
• People working with the IT and security related department with the Brokers/Sub-brokers
• Employees of IT companies/BPOs
• Bank of employees
• Compliance officers

Test details

Duration: 120 minutes per module (Part 1 & Part 2)

No. of questions: 90 in each module (Part 1 & Part 2)

Maximum marks: 100, Passing marks: 60 (60%) for each module (Part 1 & Part 2); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 2 years from the test date.

Fees

2,528/- (Rupees Two Thousand Five Hundred Twenty Eight Only) each for Information Security Auditors Module (Part 1) and Information Security Auditors Module (Part 2).

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Course Outline : Information Security Auditors Module Part - I & II

Study Material : Information Security Auditors Module Part - I & II

In pursuance of the announcement made by the Finance Minister in his Budget Speech in February 2005, Securities and Exchange Board of India (SEBI) established the National Institute of Securities Markets (NISM) in Mumbai.

SEBI, by establishing NISM, has articulated the desire expressed by the Indian government to promote securities market education and research. more »

Financial Planning Standards Board India, currently, conducts tests in four modules, namely

1. Risk Analysis & Insurance Planning
2. Retirement Planning & Employee Benefits
3. Investment Planning
4. Tax Planning & Estate Planning.
5. Examination 5/Advanced Financial Planning

For any query for the said test(s), candidates need to contact FPSB India at: Tel No 022-61712424 email: info@fpsbindia.org website: http://www.fpsbindia.org

This course is developed by Finitiatives Learning India Pvt. Ltd. (FLIP)

There are over 1000 stocks in India and over 20 different industries and classifications. As local financial markets get increasingly interlinked with global markets, understanding the stock market movements and deciding which stock to invest in, has become bewildering. Who can the investor rely on? Well, equity research analysts are the answer.

Equity research involves gathering relevant information about a company, analyzing it, and coming up with a recommendation that investors and Financial Institutions can use for decision making purposes. It is a respected and admired profession, as these are the people behind the scenes, whose recommendations result in investment decisions worth millions of dollars globally, in the capital markets.

Details about the Module

What does this course cover?

This course takes you through the entire analysis process in detail and gives you a lot of practical insights and tricks of the trade. This covers both qualitative and quantitative analysis in detail using a live case. It also covers the basic valuation techniques used by research analysts in practice.

This course will equip you with the necessary knowledge of:

1. analyzing a company step by step
2. asking the right questions in an analyst call to better understand the company and management.
3. identifying the warning flags amongst the information provided by a company.
4. preparing a comprehensive, high quality research report that investors can rely on.

Course Demo :Click here

This course requires you to complete the e-learning training of Finitiatives Learning India Pvt. Ltd./FLIP (www.learnwithflip.com).

FLIP offers a range of high quality, award winning e-learning programs across the range of Banking & Financial Services (BFS), both for fresh graduates/post graduates, and working professionals.

Who should do FLIP s Equity Research program?

The course is suitable for candidates with the following qualifications:

1. MBAs ( Finance) / CAs
2. Graduates/Post Graduates with some experience in the capital markets area.
3. Other working professionals looking to move into equity research.

In terms of role suitability, this course is relevant for people looking to join the equity research division of a Financial Institution, Mutual Fund or Brokerage firm.

Enrolment Process:

Remember, you need to complete Flip s training and then undergo NCFM s testing process. Hence, you need to register with both FLIP and NSE. Just follow these simple steps:

Register here to get your NCFM registration number. If a security warning pops up, just continue. If you need help registering, click here.

You can skip this step if you already have an NCFM registration number.

New to FLIP?

• Click here here
• Activate your account by clicking on the link in your email
• Choose FLIP-NCFM
• Choose your course andpurchase*

Already registered with FLIP?

• Click here to reach FLIP's site and LOGIN
• Choose 'Buy Now' from the tabs on the top, and click on the link on the top of the product matrix
• Choose your course and purchase*

Note:
*You can purchase the courses online via debit/credit card or netbanking; or via cash/cheque at any Axis Bank branch across India.

Pricing and What You Get:

Flip Training	What you get	NCFM Certification	What you get
2,850	High quality e-learning access for 3 months. Courses written by practitioners –senior IIM alumni. Access to faculty support, user forums & regularly updated content. Access to job posts from our partners: India Infoline, HDFC Bank, Axis Bank, Kotak Bank, etc.	1,686	Write the certification exam at NCFM centers across India, on any available date. An industry recognized Certification in Equity Research, which is valid for two years.

Note:

You need to pay for the Flip training first, at the time of purchase of the course. You will be directed to pay for the NCFM certification exam thereafter, at the time of booking the date.

For more information, call FLIP at 092436-66002 or email support@learnwithflip.com

This course is developed by Finitiatives Learning India Pvt. Ltd. (FLIP)

Indian corporates, given their strong performance and the India growth story, are increasingly opting to raise long term funds directly from the public. Public offers for Equity raised INR 44,100 crore in the March quarter of 2010, compared with just INR 1,100 crore for the same period last year.

Corporates in India engage the services of advisors called Merchant Bankers or Investment Bankers - to manage this entire process of issuance of financial instruments. This requires a specialized set of skills in capital markets a fast paced and exciting area. This is a coveted role in financial services.

The issuance process starts from advising the client on what to raise (equity or debt) and where (local or international) to raise the funds.

Details about the Module

What does this course cover?

This course teaches you how the entire issuance process works. It covers the issuance of all the financial instruments Shares, ADRs, Bonds, CPs and FCCBs.

This course will equip you with the necessary knowledge of:

1. How the issue is managed.
2. The sequence of the issue process, with timelines.
3. The role of merchant bankers in the issue process.
4. Key regulations and documentation requirements.

Course Demo : Click here

This course requires you to complete the e-learning training of Finitiatives Learning India Pvt. Ltd./FLIP (www.learnwithflip.com).

FLIP offers a range of high quality, award winning e-learning programs across the range of Banking & Financial Services (BFS), both for fresh graduates/post graduates, and working professionals.

Who should do Flip's Issue Management program?

The course is suitable for candidates with the following qualifications:

1. MBAs ( Finance or Marketing) / CAs
2. Graduates/Post Graduates with some experience in the capital markets area.
3. Other working professionals looking to take up a role in issue management

In terms of role suitability:

This course is relevant for people looking to join the merchant banking division of

1. A large brokerage firm
2. Any bank
3. A boutique investment house

This course is also relevant for people looking to join SEBI, which is the regulator for these issues.

Enrolment Process:

Remember, you need to complete Flip s training and then undergo NCFM s testing process. Hence, you need to register with both FLIP and NCFM. Just follow these simple steps:

Register here to get your NCFM registration number. If a security warning pops up, just continue. If you need help registering, click here.

You can skip this step if you already have an NCFM registration number.

New to FLIP?

• Click here to reach Flip's site, and register
• Activate your account by clicking on the link in your email
• Choose FLIP-NCFM
• Choose your course and purchase*

Already registered with FLIP?

• Click here to reach FLIP's site and LOGIN
• Choose 'Buy Now' from the tabs on the top, and click on the 'FLIP-NCFM' link on the top of the product matrix
• Choose your course and purchase*

Note:

*You can purchase the courses online via debit/credit card or netbanking; or via cash/cheque at any Axis Bank branch across India.

Pricing and What You Get:

Flip Training	What you get	NCFM certification	What you get
2,850	High quality e-learning access for 3 months. Courses written by practitioners –senior IIM alumni. Access to faculty support, user forums & regularly updated content. Access to job posts from our partners: India Infoline, HDFC Bank, Axis Bank, Kotak Bank, etc.	1,686	Write the certification exam at NCFM centers across India, on any available date. An industry recognized Certification in Issue Management, which is valid for two years.

Note:

You need to pay for the Flip training first, at the time of purchase of the course. You will be directed to pay for the NCFM certification exam thereafter, at the time of booking the date.

For more information, call FLIP at 092436-66002 or email support@learnwithflip.com

This course is developed by Finitiatives Learning India Pvt. Ltd. (FLIP)

"Markets fall 1000 points on election results!" "Markets rise 500 points as short-sellers run for cover!" We've all seen the tremendous volatility that can occur in Financial Markets due to events like this. Market Risk is the risk of financial loss due to this volatility. It is critical for financial institutions to measure and manage this risk. This requires people with specific skill sets.

Market Risk measurement is highly quantitative in nature, and requires a strong foundation in mathematics and statistics. If you are not comfortable with numbers, this is not the place for you.

Details about the Module

What does this course cover?

This course covers the entire Market Risk management process in a financial institution.

This course will equip you with the necessary knowledge of:

1. designing a robust and independent market risk management policy for an institution.
2. measuring market risk across the various portfolios such as equities, bonds, and derivatives.
3. measuring market risk through VaR at the enterprise level
4. monitoring market risk through limits and some practical insights into risk management
5. designing a strong reporting system within the organisation

Course Demo : Click here

This course requires you to complete the e-learning training of Finitiatives Learning India Pvt. Ltd./FLIP (www.learnwithflip.com).

FLIP offers a range of high quality, award winning e-learning programs across the range of Banking & Financial Services (BFS), both for fresh graduates/post graduates, and working professionals.

Who should do FLIP s Market Risk program?

The course is suitable for candidates with the following qualifications:

1. MBAs ( Finance) / CAs
2. Graduates/Post Graduates with some knowledge of maths and statistics
3. Other working professionals looking to take up a role in risk management.

In terms of role suitability:

This course is relevant for people looking to join the risk management function of:

1. A financial institution or brokerage firm.
2. Any bank in the Treasury/Global Markets division.

This course is also relevant for business analysts working in an IT/KPO firm offering solutions in risk management.

Enrolment Process:

Remember, you need to complete Flip s training and then undergo NCFM s testing process. Hence, you need to register with both FLIP and NCFM. Just follow these simple steps:

Register here to get your NCFM registration number. If a security warning pops up, just continue. If you need help registering, click here.

You can skip this step if you already have an NCFM registration number.

New to FLIP?

• Click here to reach Flip's site, and register
• Activate your account by clicking on the link in your email
• Choose FLIP-NCFM
• Choose your course and purchase*

Already registered with FLIP?

• Click here to reach FLIP's site and LOGIN
• Choose 'Buy Now' from the tabs on the top, and click on the 'FLIP-NCFM' link on the top of the product matrix
• Choose your course and purchase*

Note:

*You can purchase the courses online via debit/credit card or netbanking; or via cash/cheque at any Axis Bank branch across India.

Pricing and What You Get:

Flip Training	What you get	NCFM certification	What you get
2,850	High quality e-learning access for 3 months. Courses written by practitioners –senior IIM alumni. Access to faculty support, user forums & regularly updated content. Access to job posts from our partners: India Infoline, HDFC Bank, Axis Bank, Kotak Bank, etc.	1,686	Write the certification exam at NCFM centers across India, on any available date. An industry recognized Certification in Market Risk, which is valid for two years.

Note:

You need to pay for the Flip training first, at the time of purchase of the course. You will be directed to pay for the NCFM certification exam thereafter, at the time of booking the date.

For more information, call FLIP at 092436-66002 or email support@learnwithflip.com

The focus of Financial modeling course is to prepare Graduates, CAs', MBAs' for the following roles::

1. Equity Research Analyst
2. Project Finance Report Preparation
3. Credit Rating Analysis
4. Financial Analyst
5. Business Analyst
6. Financial Research

The Financial Modeling course developed by IMS Proschool - a leading education service provider in India, is designed to impart the following skills in Financial Research:

1. Investment Banking Fundamentals (Accounting, Economics, Financial Management, Financial Markets)
2. Excel Proficiency
3. Financial Modeling

The objective of this module is to help a student get an overview of the various segments within the financial world and get basic understanding of core concepts in finance.

The Financial Services Foundation Program is being offered by IMS Proschool - a leading Financial Services education provider in India. The program will help candidates to:

1. understand key financial management concepts & working of financial markets
2. understand how the finances of a company work
3. get entry level jobs in finance & accounting sector
4. identify areas of interest for further study