The Indian Institute of Foreign Trade (IIFT) has tied up with the Bombay Stock Exchange (BSE) to offer a four-month long certificate programme in capital and financial markets. The course will start on 23 August and will have 170 contact hours spread over a period of four months.
The selection for the course will be on the basis of candidate interviews conducted by faculty members from IIFT as well as officials from the Bombay Stock Exchange.
IAS officers, chartered accountants and financial journalists have so far enrolled for the course, with 70 per cent of the applicants having relevant work experience and many already trading actively in the markets.
The course will be focused on practical training and the institute is planning to get online trading simulators to facilitate learning in both equity and derivatives. The faculty for the course will include in-house faculty from the institute as well as private investment bankers and trading practitioners.
The course outline was conceptualised both by the BSE as well as IIFT. BSE officials have sent IIFT an outline of what they would like to see included in the course with further addditions being suggested by the IIFT faculty before coming up with the course outline.
The course structure includes primary and secondary markets, derivatives, forex management, commodity markets, bond markets, mutual funds and hedge funds, fundamental analysis, mergers and acquisitions, private equity and venture capital, risk management, technical analysis and portfolio structuring and valuation.
The course fee has been pegged at Rs50,000. The classes will be held at the IIFT Delhi campus. Classes for the course will be conducted either on a daily basis for two hours each on all weekdays or over five hours each on Saturday and Sunday. This will be subject to the option that the candidates themselves find most suitable.