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NSE Certified Market Professional (NCMP)

NSE Certified Market Professional (NCMP) certificates are issued to those candidates who
have cleared NCFM modules (stated in Table below) as per the following eligibility criteria:
NCMP Level 1 3 4 modules
NCMP Level 2 5 6 modules
NCMP Level 3 7 8 modules
NCMP Level 4 9 - 10 modules
NCMP Level 5 11 or more modules
Sr. No.
Name of Module
BEGINNERS MODULES
1

Financial Markets: A Beginners Module

Mutual Funds : A Beginners' Module

Currency Derivatives: A Beginners Module

Equity Derivatives: A Beginner's Module

Interest Rate Derivatives: A Beginners Module

Commercial Banking in India : A Beginner's Module

Clearing Settlement and Risk Management Module

OTHER MODULES
1

Back Office Operations Module

Banking Sector Module

Capital Market (Dealers) Module

Commodities Market Module

Derivatives (Advanced) Module

Derivatives Market (Dealers) Module

FIMMDA-NSE Debt Market (Basic) Module

Financial Market (Advanced) Module

Fundamental Analysis Module

10

Insurance Module

11

Investment Analysis and Portfolio Management Module

12

Macroeconomics for Financial Markets Module

13

Merger & Acquisitions Module

14

Mutual Funds (Advanced) Module

15

NSDLDepository Operations Module

16

Operations Risk Management Module

17

Options Trading (Advanced) Module

18

Options Trading Strategies Module

19

Project Finance Module

20

Securities Market (Advanced) Module

21

Securities Market (Basic) Module

22

Technical Analysis Module

23

Wealth Management Module

24

Venture Capital and Private Equity Module

This hierarchy of certifications is aimed at enabling the candidates to better demonstrate their
domain knowledge relating to financial markets.
Candidates are requested to kindly take note of the following:

Only valid NCFM certificates (i.e. certificates not yet time-barred) for the modules stated
in Table 1, obtained on or after August 17, 2007, will be taken into account for NCMP
certification. However, the NCMP certificate itself would have no validity period. At
most one Beginners module will be counted towards certification for Level 1 and not
more than two Beginners modules will be counted towards certification for Level 2 and
above.

Only successful attempts for distinct modules will be considered. In other words, if a
candidate has successfully cleared the same module more than once, then only one of
those attempts of that particular module will be considered for the NCMP certification.

In case a candidate is found to be eligible for more than one level, then only the
certificate for the highest level will be issued to the candidate. (For example: As of today
if a candidate already holds 7 valid certificates since August 17, 2007, then he/she will be
directly eligible for NCMP Level 3 certification.)

The NCMP certificates will be given in addition to the usual NCFM certificates that are
issued to candidates.

The NCMP certificates will be generated on a monthly basis and will be dispatched in the
subsequent month.

Circular regarding NCMP certification can be accessed below:


Circular download no.

Date

Particulars

NSE/NCFM/12900

August 17, 2009

Introduction of NCMP certificates

NSE/NCFM/19484

December 2, 2011

NCMP certification: Introduction of Level 5

Proficiency Certificate
Certifications of proficiency are being introduced wherein certificates will be awarded to
candidates depending upon the NCFM modules successfully cleared by them. The certificate
awarded to the candidates will be named as Proficiency Certificate which will require
qualifying various NCFM modules.
The qualifying criteria for the various certifications are as given below:
A) NSE Certified Derivatives Pro (NCDP)
On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers)
Module + Options Trading Strategies Module.
B) NSE Certified Derivatives Champion (NCDC)
On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers)
Module + Options Trading Strategies Module + Option Trading (Advanced) Module.
C) NSE Certified Investment Analyst Pro (NCIAP)
On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis
Module + Fundamental Analysis Module.
D) NSE Certified Investment Analyst Champion (NCIAC)
On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis
Module + Fundamental Analysis Module + Wealth Management Module.
Candidates are requested to kindly take note of the following:

Only valid NCFM certificates (i.e. certificates not yet time-barred) will be taken into
account for Proficiency Certification. However, the Proficiency Certificate itself would
have no validity restriction.

The Proficiency Certificates will be printed on a monthly basis and will be dispatched by
the first week of the subsequent month (for e.g. the Proficiency Certificates for the month
of May will be dispatched by the first week of June.)

The Proficiency Certificate will be issued to the candidates only after completing the
combination of modules given above.

Only successful attempts for distinct modules will be considered i.e. in case a candidate
has appeared twice for the same module, then only one attempt of that particular module
will be considered for the Proficiency Certificates.

NISM

Important Settings
About NISM

For queries pertaining to NISM Certification Portal, please contact NISM Certification
Helpdesk on 91-8080806476 (Monday to Friday, 09:30 am to 05:30 pm) or on email:
certification@nism.ac.in.

NCFM Modules

Important Settings
FOUNDATION MODULES

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Algorithmic Trading Module

Technology development across global markets has necessitated a multidimensional approach for
understanding the Importance of Algorithmic Trading. This course encompasses trading in
various asset classes with special focus on Equity Index Futures, Options, and Commodities.
Why should one take this course?

To improve the knowledge in Algorithmic Trading.

To learn about different trading strategies.

To Learn Risk Management in Algorithmic Trading.

To learn about Algorithmic Trading and its Audit and Compliance Process.

Who will benefit from this course?

Analysts

Dealers

Traders

Consultants

Investors

Students

Anybody having interest in the Stock market operations

Test details
Duartion: 60 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 3 years from the test date.
Fees
6,870/- (Rupees Six Thousand Eight Hundred and Seventy only) inclusive of service tax.
Download
Course Outline : Algorithmic Trading Module (.pdf)
The content has been developed by QuantInsti, which is a pioneering institute for Algorithmic &
Quantitative Trading education in Asia.
Financial Markets: A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Financial Market Beginner's Begineer's Module (.pdf)
Mutual Funds: A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Mutual Funds: A Beginner's Module (.pdf)
Currency Derivatives: A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Currency Derivatives: A Beginner's Module (.pdf)
Equity Derivatives: A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Equity Derivatives: A Beginner's Module (.pdf)
Interest Rate Derivatives: A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Interest Rate Derivatives: A Beginner's Module (.pdf)
Commercial Banking in India : A Beginner's Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Commercial Banking in India: A Beginner's Module (.pdf)
FIMMDA-NSE Debt Market (Basic) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
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)
Securities Market (Basic) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline: Securities Market (Basic) Module (.pdf)
Clearing Settlement and Risk Management Module

Clearing, Settlement and Risk Management are vital functions of a Clearing Corporation. This is
a Foundation Level Programme for those who wish to learn operational guidelines/procedures of
Clearing, Settlement, Collateral Management and Risk Management in National Securities
Clearing Corporation Limited.

Why should one take this course?

To learn the procedures of Clearing, Settlement, Collateral Management and


the Risk Management

Who will benefit from this course?

Students

Teachers

Employees of Clearing Members

Anybody having interest in the Indian Securities Market

Test details
Duartion: 60 minutes
No. of questions: 75
Maximum marks: 100, Passing marks: 60 (60%). There is no negative marking in this module.
Certificate validity: For successful candidates certificates are valid for 3 years from the test date.
Fees
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline: Clearing Settlement and Risk Management Module (.pdf)
Banking Fundamentals - International

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


FLIP (www.learnwithflip.com) offers a range of high quality, award winning e-learning &
certification programs across Banking & Financial Services (BFS), both for freshers and working
professionals.
This set of programs designed specifically for the IT audience, is the first of its kind in India.
They lay the foundation for IT professionals engaged in BFS projects. They equip you with the
necessary domain knowledge, to interact with customers confidently, and better understand their
requirements.

Details about the Module


Enrolment Process
Pricing & What you get
Capital Markets Fundamentals - International

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


FLIP (www.learnwithflip.com) offers a range of high quality, award winning e-learning &
certification programs across Banking & Financial Services (BFS), both for freshers and working
professionals.
This set of programs designed specifically for the IT audience, is the first of its kind in India.
They lay the foundation for IT professionals engaged in BFS projects. They equip you with the
necessary domain knowledge, to interact with customers confidently, and better understand their
requirements.

Details about the Module


Enrolment Process
Pricing & What you get

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INTERMEDIATE MODULES

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Capital Market (Dealers) Module (CMDM)

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Capital Markets (Dealers) Module (.pdf)
Derivatives Market (Dealers) Module (DMDM)

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Derivatives Markets (Dealers) Module (.pdf)
Investment Analysis and Portfolio Management

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline: Investment Analysis and Portfolio Management Module (.zip)
Fundamental Analysis Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Fundamental Analysis Module (.pdf)
Options Trading Strategies Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Options Trading Strategies Module (.pdf)
Operations Risk Management Module

Every business operates in an internal and external environment which has embedded hazards for
business operations referred to as inherent risks of doing business. Operational risk management

is a methodology which helps in risk assessment, risk decision making, and implementation of
risk controls, which results in acceptance, mitigation, or avoidance of risk which is highly
integral to businesses.
Why should one take this course?

To have a comprehensive and in depth knowledge about operations risk


management.

To identify operations risk issues.

To understand approaches to mitigate operations risk issues.

Who will benefit from this course?

Students

Finance Professionals

Employees with banks and financial services sector

Anybody having interest in this subject

Test details
Duration: 120 minutes
No. of questions: 75
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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Operations Risk Management Module (.pdf)

Banking Sector Module

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.

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download

Course Outline : Banking Sector Module (.pdf)


Treasury Management Module

Treasury management has always been an important function in any organization, more
significantly in banking and finance companies. The Treasury function has always been vital in
making sure that the business has sufficient liquidity to meet its obligations, whilst managing
payments, receipts and financial risks effectively.
With the ever increasing pace of change to regulation, compliance and technology in the
financial sector, Treasury has increasingly become a strategic business partner across all areas of
the business, adding value to the operating divisions of a company.
Why should one take this course?

To have a comprehensive and in depth knowledge about treasury


management.

To understand the various risks for companies and role of treasury


management in mitigating them.

To know the various treasury management processes and how risk is to be


managed in the treasury.

Who will benefit from this course?

Students

Finance Professionals

Employees with banks and financial service sector

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Treasury Management Module (.pdf)
Insurance Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Insurance Module (.pdf)
Macroeconomics for Financial Markets Module

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

Who will benefit from this course?

Students of Management and Commerce

Economists

Finance Professionals

Stock Analysts

Employees with 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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Macroeconomics for Financial Markets Module (.pdf)
NSDL-Depository Operations Module

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.
Why should one take this course?

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : NSDL-Depository Operations Module (.zip)
Commodities Market Module

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
2,061/- (Rupees Two Thousand and Sixty One Only) inclusive of service tax.
Download
Course Outline: Commodities Market Module (.pdf)
Surveillance in Stock Exchanges Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Surveillance in Stock Exchanges Module (.pdf)
Corporate Governance Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.

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
Compliance Officers (Brokers) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.

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

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.

Download
Course Outline : Compliance Officers (Corporates) Module (.pdf)
Information Security Auditors Module (Part-1) & Information Security
Auditors Module (Part-2)

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
2,576/- (Rupees Two Thousand Five Hundred and Seventy Six Only) inclusive of service tax
each for Information Security Auditors Module (Part 1) and Information Security Auditors
Module (Part 2).
Download
Course Outline : Information Security Auditors Module Part - I & II
Technical Analysis Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Technical Analysis Module (.pdf)
Mergers and Acquisitions Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Mergers and Acquisitions Module (.pdf)
Back Office Operations Module

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 posttrade 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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Back Office Operations Module (.pdf)
Wealth Management Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Wealth Management Module (.pdf)
Project Finance Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Project Finance Module (.pdf)
Venture Capital and Private Equity Module

In recent years, the relevance of small and medium enterprises (SMEs) for economic
development has become particularly noteworthy. However, often these firms are more
financially constrained than larger firms. In such scenarios, venture capital and private equity
play a vital role in constituting a valuable resource for a firms' growth, especially for more
innovative SMEs, so that they can support economic development and innovation in the
economy. Private equity is considered to be one of the elements of a good entrepreneurial ecosystem. In the last couple of decades, it has emerged as a serious source of finance for start-ups,
growing companies and takeover transactions.
Why should one take this course?

To understand the role of private equity in the country and the difference
between various forms of early stage finance.

To know how private equity funds are structured and their format of
operation.

To comprehend the entire gamut of post-investment support that can come


with private equity capital.

Who will benefit from this course?

Students

Finance Professionals

Entrepreneurs

Employees of SMEs

Anybody having interest in this subject

Test details
Duration: 120 minutes
No. of questions: 70
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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Venture Capital and Private Equity Module (.pdf)
Financial Services Foundation

The objective of this module is to help students to get an overview of the financial world with an
emphasis on careers related to financial analysis. The course also aims to build strong foundation
for CFA, the most recognized Global Qualification in Investment Areas.

The Financial Services Foundation Program is being offered by IMS Proschool - a leading
Financial Services Education provider in India. The following are the benefits of the program:
1. Orients you for career in fields such as Financial Analysis, Investment
Banking, Equity Research and Portfolio Management.
2. Helps you to take first steps towards global qualification in Investments - CFA
(US).
3. Equips you for a role in the Investment Industry or Financial KPOs.
4. Also prepares you for Claritas certification from CFA Institute

For more details, Click here to Download the Brochure

Details about the Module


NSE Certified Quality Analyst Module

This course is developed by SSA Business Solutions (P) Ltd.


The NSE Certified Quality Analyst (NCQA) is a finance professional who has knowledge of
quality tools and their uses and is involved in quality improvement projects, but doesn't
necessarily come from a traditional quality area. NCQA modules have been prepared with a view
to provide candidates the required application level knowledge and skills on quality thinking and
quality tools such as Lean, 7 Steps of Problem Solving, Data Analysis Tools, and basics of Six
Sigma in their everyday work. On successful completion of the course, the candidate should gain
proficiency in executing small quality improvement projects, including collecting and analyzing
voice of customer, gathering and analyzing data and re-engineering processes with a view to
improving their efficiency and effectiveness.
To know more click here
Why should one take this course?

To understand how quality relates to a professional in the finance world

To understand the business relevance of Customer Focus and Quality

To learn to apply data analysis and decision making tools in everyday work

To develop an understanding of various popular problem solving tools and


methodologies and learn a systematic approach to Quality Improvement

To learn how to calculate productivity, and identify & eliminate different types
of waste in the process

To gain recognition through the coveted NCFM certification process

Who will benefit from this course?

Finance professionals from industries like Banking, NBFC, IT, Outsourcing,


Auditing, Broking etc.

Professionals from any service industry/ Finance function within a


manufacturing industry

Anyone interested in enhancing their Quality and Analytical skills

Students aspiring to make a career in Finance Industry

What do you need to get started?

Keenness to learn

Enrolment Process:
Remember, you need to complete SSAs training and then undergo NCFMs testing process.
Hence, you need to register with both SSA 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.
Not Registered with SSA?

Click here and click on Buy Now

Enroll for the course

Access SSA-NCQA e-learning module

Complete the online course

Supply SSA with the NCFM registration number

Appear for NCQA test on NSE website

Already registered with SSA?

Click here to access SSA-NCQA e-learning module

Complete the online course

Supply SSA with the NCFM registration number

Appear for NCQA test on NSE website

Pricing and What You Get:


SSA
Trainin
g

NCQA
Certificati
on

What you get

3202.
26

High quality elearning access for


3 months

What you get

Write the certification exam at


NCFM centers across India, on
any available date

An industry recognized
Certification in NCQA, which is
valid for lifetime

1,718

Courses written by
industry experts

Note:
You need to pay for the SSA training first, at the time of purchase of the course. You will be
directed to pay for the NCQA certification exam thereafter, at the time of booking the date.
For more information, call SSA at 91-22-25685494/25652448 or email training@ssasolutions.com

Course Details
Topic
Introduction

Sub - topic
Introduction

Introduction to History and


quality
Evolution
Quality in current The Indian
Business scenariobusiness scenario

Learning outcomes
-

Approx.
Study Time
(25 hours)
-

List the important milestone in the


1 hr
process of quality evolution
4 hrs

Outline the current Indian


scenario

Role of Quality

Identify the key performance


indicators

Associate performance
indicators with financial
performance

List the elements of quality

Associate customer
satisfaction with quality

Basics of Quality

8 hrs
Quality Gurus

Define quality

Identify the approaches of


different Gurus of quality

Define cost of quality

Identify how cost of quality is


measured

Identify the impact that cost


of quality has on an
organisation

Cost of Quality

Factors
affecting
Quality
Quality Control
methods

Outline the various factors that


affect quality in an organisation

Define process

Define process mapping

List the different types of


process maps

Identify the ways of


eliminating wastage in
various processes

Continuous
Improvement
cycle

State the importance of


measuring performance
towards process
improvement

Explain the continuous


improvement cycle

Systematic
problem
solving

Continuous
improvement and
Problem solving

Define a problem

Identify the types of


problems

State the systematic


approach to problem solving

State the method of


identifying a problem

Identify the tools for problem


solving
12 hrs

Problem
solving & QC
tools

DMAIC

Explain the prioritisation


matrix

List the seven steps of


problem solving

Associate the various tools of


problem solving with each
step

Define DMAIC

Compare DMAIC with the


seven steps of problem
solving

US Securities Operations Module

This program is developed by Finitiatives Learning India Pvt. Ltd. (FLIP). FLIP
(www.learnwithflip.com) offers a range of high quality, award winning e-learning & certification

programs across Banking & Financial Services (BFS), both for freshers and working
professionals.
This set of programs designed specifically for the IT audience, is the first of its kind in India. The
programs at the intermediate level are ideal for IT professionals/Business Analysts engaged in
BFS projects. They equip you with the necessary domain knowledge, to interact with customers
confidently, and better understand their requirements.

Details about the Module


Enrolment Process
Pricing & What you get

+ Expand All | - Collapse All


ADVANCED MODULES

+ Expand All | - Collapse All


Financial Markets (Advanced) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Financial Markets (Advanced) Module(.pdf)
Securities Market (Advanced) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline : Securities Market (Advanced) Module(.pdf)
Derivatives (Advanced) Module

Derivatives are becoming increasingly important in world markets as a tool for risk management.
The presence and role of derivatives in India has been increasing steadily over the years. These
instruments are an important component of the overall financial sector strategy. Derivatives have
found much of their use in the financial world where their advantages are undisputedly high
especially in hedging against risk.
Why should one take this course?

To have a comprehensive and in depth knowledge about derivatives.

To learn to apply advanced techniques of valuation of securities and


derivative products

To understand investment and hedging strategies.

Who will benefit from this course?

Students

Stock-brokers and sub-brokers dealing in derivatives

Security Market Professionals.

Finance Professionals

Portfolio Managers

Employees with banks and financial institutions.

Anybody having interest in this subject

Test details
Duration: 120 minutes
No. of questions: 55
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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
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: Derivatives (Advanced) Module(.pdf)
Mutual Funds (Advanced) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
Download
Course Outline: Mutual Fund (Advanced) Module (.pdf)
Options Trading (Advanced) Module

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
1,718/- (Rupees One Thousand Seven Hundred and Eighteen Only) inclusive of service tax.
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 : Options Trading (Advanced) Module (.pdf)


Modules of Financial Planning Standards Board India (Certified Financial
Planner Certification)

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 02261712424 email: info@fpsbindia.org website: http://www.fpsbindia.org
Equity Research Module

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


FLIP (www.learnwithflip.com) offers a range of high quality, award winning e-learning &
certification programs across Banking & Financial Services (BFS), both for freshers and
working professionals.
There are over 1000 stocks and over 20 different industries and classifications in India. 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


Enrolment Process:
Pricing & What you get
Issue Management Module

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


FLIP (www.learnwithflip.com) offers a range of high quality, award winning e-learning &
certification programs across Banking & Financial Services (BFS), both for freshers and
working professionals.
Indian corporates are increasingly opting to raise long term funds directly from the market either
locally or overseas. They 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


Enrolment Process
Pricing & What you get
Market Risk Module

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


FLIP (www.learnwithflip.com) offers a range of high quality, award winning e-learning &
certification programs across Banking & Financial Services (BFS), both for freshers and
working professionals.
"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


Enrolment Process
Pricing & What you get
Financial Modeling Course

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
Details about the Module
Certified Credit Research Analyst (CCRATM)

The Certified Credit Research Analyst (CCRATM) Certification is being jointly offered by
Association of International Wealth Management of India (AIWMI) & National Institute of
Securities Markets (NISM).
The Certified Credit Research Analyst (CCRATM) is a comprehensive global education program
designed to give an expert level understanding of credit markets to fresh graduates and

experienced professionals. It integrates the fundamentals of financial analysis, credit analysis,


rating methodologies, credit strategy and structuring. It offers the tools a candidate needs to
occupy key positions in the world of finance, private banking, credit ratings and fixed income
domain.
About AIWMI:
AIWMI is a premier global certification body in financial domain, offering other than the
CCRATM certification, prestigious certification programs such as Certified International Wealth
Manager (CIWM), Certified International Investment Analyst (CIIA) and Qualified Family
Office Professional (QFOP) and a wide variety of high-quality executive education programs.
AIWMI primarily focuses on broader and strategic role of developing a more robust and
forward-looking training infrastructure for the financial services sector and to promote more
active industry involvement and collaboration in training and continuing education matters.
AIWMI programs combine state-of-the-art knowledge and skills in finance with practical
experience and insights into the functioning of the financial sector. All AIWMI courses and
education events have an intense and pragmatic curriculum. Participants are exposed to the latest
developments within the global financial services sector.
www.aiwmindia.com
About NISM:
National Institute of Securities Markets (NISM) is a society and public trust, established by the
Securities and Exchange Board of India (SEBI), the regulator for securities markets in India, to
improve the quality of the securities markets through sustained capacity building and knowledge
dissemination.
The activities at NISM are carried out through the following Schools of Excellence:

School for Securities Education (SSE)

School for Securities Information and Research (SSIR)

School for Investor Education and Financial Literacy (SIEFL)

School for Regulatory Studies and Supervision (SRSS)

School for Certification of Intermediaries (SCI)

School for Corporate Governance (SCG)

National Centre for Financial Education (NCFE). (NCFE has been established to
implement National Strategy for Financial Education in line with the work
being done by Financial Stability and Development Council (FSDC) - an apexlevel body constituted by Government of India. http://ncfeindia.org/)

Through these schools, NISM caters to the educational needs of various constituencies such as
investors, issuers, intermediaries, regulatory staff, policy makers, academia and future
professionals in the financial sector.
NISM develops and conducts Certification Examinations and Continuing Professional
Educational programmes to enhance the quality and standards of professionals employed in
various segments of the financial industry. NISM also works closely with all financial regulators
in the area of financial education.
www.nism.ac.in
About CCRATM
The Certified Credit Research Analyst (CCRATM) is a comprehensive global education program
designed to give an expert level understanding of debt capital markets and bank loan markets to
graduates and experienced professionals. It integrates the fundamentals of financial analysis,
credit appraisal, rating methodologies, credit strategy and loan structuring. It offers the tools a
candidate needs to occupy key positions in the world of finance, banking, treasuries, credit
ratings and fixed income domain. CCRATM Certification is being jointly offered by Association
of International Wealth Management of India (AIWMI) & National Institute of Securities
Markets (NISM).
CCRATM has been designed to cover and impart the following skills in Credit Research:
1. Credit Appraisal, Research and Rating Fundamentals
2. Financial Statement Analysis
3. Credit Specific Analysis Bankers and Analyst Perspective
4. Credit Rating Internal and External Rating Methodologies
5. Credit Strategy and Portfolio Management
6. Credit Monitoring, NPA Management, Enhancement and Securitization
7. Credit Risk Models and Regulations
8. Understanding and Analysis of Corporate Banking Facilities and Other
Financing Forms

CCRATMProgram Benefits
Job opportunities: There is no other globally recognized certification that prepares you better,
for employment in the field of bank loans, credit analysis, rating, credit monitoring,
securitization and strategy. CCRATM will open up these opportunities for you.
Practical knowledge: CCRATM will help you deploy the most comprehensive suite of research,
data and tools to analyze and monitor credit analysis on loans, securities, companies and
industries in the market along with new financing instruments.
One-on-one access to industry-leading analysts, briefings, webinars and teleconferences with
global best practices.
Access to in-depth debt market reports that dissect the credit strengths and weaknesses of
corporates, individuals and debt transactions.
Market savvy: Learn how to analyze accurate, timely and comprehensive sets of data on
company financials, industries and deal performance metrics.
Global analytical models: Get insights into risk models, to analyze, screen and monitor
individual loans, credits and portfolios.
Multiple perspectives from qualitative to quantitative and from market-based views to
fundamental analysis, from bankers view to analyst view - on the credit quality of your loan
portfolio.
Benefits all: Even if you are looking to build your own credit research, credit appraisal
framework, rating and credit monitoring/risk measurement system, CCRATM will help you with
the necessary knowledge that embeds the deep expertise in credit analysis.
Details about the Module
Business Analytics Module

Business Analytics (BA) and its related terms such as Business Intelligence, Big Data, Data
Mining, etc. have become a powerful tool for growth in the 21st Century. Gartner, a global
research firm, predicts that by 2015 nearly 4.4 million new jobs will be created globally by
Business Analytics. BA is the process of converting data into insights. It is the extensive use of
data, statistical and quantitative analysis, explanatory and predictive models, and fact-based
management to drive decisions and actions.
One of the primary users of Business Analytics is the Financial Sector. Models that predict credit
quality, investment options, fraudulent credit card transactions and cross-sell / up-sell possibility

are very common in banks, insurance companies, credit rating organizations, research houses,
etc.
IMS Proschool (a leading education service provider in India) has developed a Certification in
Business Analytics that prepares Graduates, Post Graduates, MBAs for the following roles:

Analytics Manager

Analytics Consultant

Business Analyst

Business Intelligence Manager

Data Scientist

The Certification is designed to impart the following skills in Business Analytics:


1. Data Exploration using Statistics
2. Predictive Analytics: Regression - Multiple, Linear and Logistic, Forecasting
3. Data Mining Techniques: Classification, Clustering and Market Basket Analysis
4. Excel, R and SAS

NCFM Modules - Study Material


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Find below the NCFM Study Material documents. You may also be interested in "NCFM Model
Tests", "NSE Test Centres" and "NCFM Test Details - Fees, Questions, Duration, Pass
Marks & Validity"
Financial Markets: A Beginner's Module
http://www.nseindia.com/content/ncfm...ts_revised.pdf
Securities Market (Basic) Module
http://www.nseindia.com/content/ncfm/secmarket.zip
http://www.nseindia.com/content/ncfm/SMBM_rev.pdf
http://www.nseindia.com/content/ncfm/secmarket_corr.pdf
Currency Derivatives: A Beginners Module
http://nseindia.com/content/ncfm/CDBM_workbook.pdf
Mutual Funds: A Beginner's Module
http://nseindia.com/content/ncfm/MFBM-workbook.pdf
Equity Derivatives: A Beginner's Module
http://nseindia.com/content/ncfm/EDBM_workbook.pdf
Interest Rate Derivatives: A Beginner's Module
http://nseindia.com/content/ncfm/ncfm_irdbm_sm.pdf
Commercial Banking in India : A Beginner's Module
http://nseindia.com/content/ncfm/ncfm_CBBM_workbook.pdf
Capital Market (Dealers) Module
http://nseindia.com/content/ncfm/CMDM_rev_Eng.pdf
Derivatives Market (Dealers) Module
http://nseindia.com/content/ncfm/DMDM.zip
http://nseindia.com/content/ncfm/DMDM_rev.pdf
http://nseindia.com/content/ncfm/DMDM_corr.pdf
FIMMDA-NSE Debt Market (Basic) Module
http://nseindia.com/content/ncfm/FIMMDA.pdf
Investment Analysis and Portfolio Management
http://nseindia.com/content/ncfm/ncfm_iapm.zip

Commodities Market Module


http://nseindia.com/content/ncfm/sm_cmm.zip
Options Trading Strategies Module
http://nseindia.com/content/ncfm/sm_otsm.zip
Surveillance in Stock Exchanges Module
http://nseindia.com/content/ncfm/Surveillance.zip
http://nseindia.com/content/ncfm/Surveillance_rev.pdf
http://nseindia.com/content/ncfm/Surveillance_corr.pdf
NSDL-Depository Operations Module
http://nseindia.com/content/ncfm/NSDL.zip
Corporate Governance Module
The Study material for this module is available at the following ICSIs 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
Information Security Auditors Module (Part-1) & Information Security Auditors Module
(Part-2)
http://nseindia.com/content/ncfm/sm_isam.zip

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