Derivatives Market Module by Institute of Financial Market Courses: Fee, Duration, How to Apply

Quick Facts

particular	details
Medium of instructions English	Mode of learning Self study, Virtual Classroom	Mode of Delivery Video Based

Course overview

The best way to gain a command over topics such as payoff charts, indices, risk management, and regulation is by taking up this course of NISM Derivatives Market Module - NISM Series 8 that is being offered by IFMC Institute. Derivatives Market Module course will make sure that the student is well-versed with the currency market by getting them familiarised with various key concepts such as the role of demand and supply mechanism, the effect of macroeconomic indicators, and the impact of government policies. This certification programme uses frameworks of fundamental analytics to make sure that there are no losses because of uncertainties in the currency market.

This introductory level course provides the contents for a month, in which the candidates are required to learn, understand the concepts, and have an attendance of at least 95 percent. This will enable them to obtain certification by NISM and NCFM which will be beneficial in a variety of employment firms.

Course and certificate fees

Fees information

₹ 10,000

The students have to pay Rs. 1,700 for registration.
A sum of Rs. 10,000 has to be paid for certification.
The only payment method is through PayU money.

Particulars	Amount in Rs.
Registration fee	1,700
Certification fee	10,000

Note- The fee for examination for SEBI and NSE will be extra as will be given.

certificate availability

Yes

certificate providing authority

NISM Raigad +1 more

Who it is for

The Derivatives Market Module course - NISM Series 8is directed towards:

Equity dealers who work as client advisers in stock broking companies
Risk managers
Stockbrokers
Derivatives traders
Derivative analysts
Trading professionals
Compliance managers
Treasury Executive

Eligibility criteria

Education

Derivatives Market Module course is only applicable to the students who have passed their senior secondary from a recognised board. It is recommended that the students have at least a bachelor’s degree in any programme.

Certification Qualifying Details

A certificate will be provided at the end of the programme to the candidates who have at least 95 percent attendance and will depend upon viva, projects, NSE exams, internal exams, projects, and practical classes. This certification will be given by NISM and NCFM.

What you will learn

Some of the unique lessons that the candidates will be leaving the Derivatives Market Module certification course are:

Receive in-depth insight into the market of Indian equity derivatives
Understand the importance of the concepts of settlement, risk management, clearing
Gain skills that will provide you with entry level jobs in the companies indulging in stock broking
Discuss about the markets of equity derivatives in context to operational mechanism
Know the type of environment in which the operation of Indian equity markets take place
Learn technical tools that will benefit your career and help it progress
Know more about strategies of global training with the help of derivatives that are built using options and futures
Gain an exposure towards live markets with the help of hands-on experience by practical projects

The syllabus

Derivatives Market Introduction and Fundamentals

Derivatives and equity market
What are the types of derivatives?
What is the derivatives market?
Significance of derivatives
Indian derivatives market
Evolution of the derivatives market
Risk in derivatives market

Quantitative Fundamentals

What is the share prices' lognormal distribution?
What is a normal distribution?
How to do continuous compounding?
What is Beta?
What is R-Square?

Derivatives Market Volatility

GARCH model
Implied volatility
Exponentially Weighted Moving Average (EWMA)
Historical volatility (σ)
ARCH model

Introduction to Forwards

Determining stock futures price (with dividend)
Contango & backwardation
Cost of carrying
Criteria for re-inclusion of excluded stocks
Determining stock futures price (without the dividend)
Index Selection Criteria
Margins Daily Mark-to-Market Settlement
The convergence of Spot & Futures
Reverse Cash & Carry Arbitrage
Determining Index Futures Price (without Dividend)
Price Steps and Price Bands for Contracts
Criteria for Continued Eligibility of Stock
Cash & Carry Arbitrage
Selection Criteria
Determining Index Futures Price (with Dividend)
Stock Selection Criteria
Contracts
Novation
Final Settlement
Quantity Freeze for Futures Contracts
Cost of carrying – Commodities

Understanding Index

Applications of Index
Major Indices in India
Attributes of an Index and concept of impact cost
Significance and economic purpose of Index
Types of Indices
Index management
Introduction to Index

Introduction to Options and Trading Strategies

Overview of Binomial and Black-Scholes option pricing models
Fundamentals of options pricing
Basics of options
Strangle: market view and payoff charts
Straddle: market view and payoff charts
Basics of Option Greeks
Butterfly spread: market view and payoff charts
Protective Put: market view and payoff charts
Uses of Options
Covered Call: market view and payoff charts
Collar: market view and payoff charts
Option spreads and their payoff charts
Payoff Charts for Options
Basics of options pricing and option Greeks

Introduction to the Clearing and Settlement system

Settlement Mechanism for stock and index futures and options
Clearing Members, their role and eligibility norms
Risk Management features and position limits
Clearing Mechanism and computation of open positions
Understanding margining and mark to market under SPAN

Regulatory Framework

Regulation of Exchanges
Different aspects of risks
Eligibility for derivative trading
Market Manipulation
Regulatory control on contracts
Risk Management at Clearing
Objective of Regulation

Accounting of Derivatives

Taxation of Derivative transaction in securities
Accounting of Futures and Options contracts

Admission details

For students applying in the course of NISM Derivatives Market Module - NISM Series 8should follow the following guidelines:

Step 1: You need to visit the given link to land on the homepage of the course: https://www.ifmcinstitute.com/classroom-stock-market-courses/derivatives-market-module/

Step 2: There will be an option of ‘Pay Now’ under the heading Pay full or Partial Course Fees. Click on it and it will take you to a payment gateway.

Step 3: Provide your name and enter the amount that you need to pay to complete the purchase.

Step 4: The student will be enrolled after the payment and they can then start learning.

How it helps

In the financial sector strategy, the market of Indian derivatives has been on a steady rise for the past few years. The skills provided by the programme of NISM Derivatives Market Module - NISM Series 8caters to the needs of the organisations related to the Indian derivatives market and makes the candidate ready to take on real-life challenges and perform better. Since this course is an introductory level course, it makes it possible for students with little to no experience to apply and make a mark in this industry.

Through the efficient pedagogy of IFMC Institute, the candidate will master the theoretical content along with the practical aspect that is necessary before working in a real firm. There will be various assessments that will be conducted for motivating the candidates into putting their best efforts to learn this course. The viva, assignments, and internal assignments keep a check on the candidate’s progress and push them to do more.

The certification that comes with this programme, verified by NISM and NCFM is recognisable in various big and small companies. The certification also adds to the benefit of those working as stockbrokers and dealers as it adds to their existing knowledge. It provides a way for students and professionals that are unhappy with their current jobs or pay to improve their situations by working at a better firm.

FAQs

What are the details of the programme?

This programme is an introductory level course that will polish the skills of Indian derivatives market for the candidates. This is a short course running for about a month and the students will be given a certification by NISM and NFMC on completing the course.

How can I get the facility of franchisee?

Reach Mr. Manish at his phone number, which is 9811073006, to know about the franchisee facility. It is available in almost every city of our country.

What are the total fees?

Candidates have to pay Rs. 1,700 for registering in the course and Rs. 10,000 to avail of the certification.

What are the job opportunities of this course?

This course offers a 100 percent job guarantee for all. However, it is advised that the candidates at least have a bachelor’s degree because senior secondary graduates are provided jobs in small companies like sub-broker offices, while the former can get jobs in big companies.

What are the documents that I need to submit during admission?

All original self-attested copies of 10th as well as Senior Secondary certificates, marksheets, professional certificates are needed by the institute during admission time by the candidates.

How can I avail a certification?

There are certain factors that have to be kept in mind which include recommendation and remarks of the faculty and centre head, decision of the centre in charge as well as the candidates’ performance in the viva, assessments, internals, NSE exams etc.

Will there be any exams?

Yes, the exam has a total of 150 questions that are given in the form of multiple-choice questions.

What are the career paths that I can choose after studying this course?

The candidates can choose to become Equity Dealers, Trading professionals, Compliance Managers, Stockbrokers, Portfolio Manager, Research Analyst, etc after completing the course.

Who are the partner employees of IFMC Institute?

The partner institutes of IFMC Institute in which the certification is highly recognised are Bank of America, Morgan Stanley, HSBC Bank, Citibank, Deutsche, and RBS.