The Post Graduate Executive Programme in Financial Market (PGEPFM) has been designed in collaboration with BSE with the objective of developing trained professionals capable of occupying positions of responsibility in stock exchanges, commodity exchanges, regulatory bodies market intermediaries, banks, mutual funds and asset management companies and other similar entities.

The uniqueness of the programme lies in its extensive use of market professionals as resource persons for the programme. Apart from sound grounding in academic concepts pertaining to the capital markets, the participants will get a change to interact with senior regulatory officials, executives of exchanges, leading merchant bankers, institutional investors and FIIs.

The programme is comprehensive in nature, covering all financial markets – cash equity, equity derivatives, currency derivatives, commodities and foreign exchange. What has been sought to be achieved is an ideal blend of useful theoretical knowledge and its application to capital markets. Pedagogy for the programme comprises class room teaching, case studies, panel discussions, presentations and visits to national and overseas (optional) financial centres.

The effective delivery of the program requires proper appreciation of ‘applied financial data analysis’. The institute facilitates the participants towards application of Information Technology in various paradigms of IT interfaced learning by designing the curriculum accordingly. The programme would begin on February 27, 2010 and venue of the course would be NIFM, Faridabad. The timings of the course work will be from 10:00AM to 04:00PM on SATURDAY & SUNDAY.

The programme fee would be Rs. 2 Lakhs (Two Lakhs Rupees) to be payable in the following manner:

1. Rs. 1 Lakh to be paid before commencement of the programme.

2. Rs. 1 Lakh to be paid before commencement of third Quadmester. 

The expenses on international visit(s) would be borne by the candidate (approximately Rs. 75000/-). The top three candidates would be eligible for concessional visit.

• All participants must have completed Graduation or a degree equivalent thereto from an Indian University / Institutions recognised by Association of Indian Universities.

• The candidate must have 3 years of regular work experience. One year of work experience relaxation would be considered in exceptional cases.

• Professional Qualifications like CA, CS, ICWA, CFA, etc. would have an added advantage.

The written test is an aptitude test. It is designed to assess the natural ability of a person towards the desired objective of the programme.

The questions will mainly be asked from: “Quantitative Aptitude; Reading, Comprehension and Verbal Ability; Data Interpretation & Data Sufficiency; and General Awareness on Business & Economy” to test the inclination of the applicant towards managerial tasks and roles.

The programme has been designed to cover 20 papers in four quadmesters. Followings are the list of papers which are to be discussed/taught during the course:

Quadmester 1:

1. Economics for the financial markets – macroeconomic factors impacting the financial markets and elements of microeconomics.
2. Quantitative and statistical techniques for financial markets
3. Cost and Management Accounting; understanding balance sheets
4. Statistics for Financial Analysis
5. Computer Applications in Finance

Quadmester 2:

1. Corporate Finance
2. Legal framework for business with special emphasis on capital market laws
3. Fixed income securities
4. Foreign Exchange market
5. Marketing of Financial services

Quadmester 3:

1. The Primary market – IPO regulations and book building
2. Equity trading – Fundamental and Technical Analysis
3. Trading in cash equity – market microstructure and rules of the exchange
4. Equity derivatives – futures and options, hedging and trading strategies, risk management
5. Financial institutions and markets

Quadmester 4:

1. Mutual Funds and Portfolio Management
2. Mergers and Acquisitions
3. Commodities Market
4. Corporate Reporting and Disclosure
5. Global capital markets

 For details, DOWNLOAD Syllabus

• The admission will be based on written examination to be conducted by NIFM on 19/04/2009 at Faridabad. Group ‘A’ officers of Government of India would be exempt from written test.

• Merely fulfilling the eligibility criteria and appearing for written test would not entitle the participant for admission to the programme. Decision of NIFM regarding admission of the participants to the programme would be final.