Printing of currency is an essential activity for any country, and India is no exception. The Reserve Bank of India (RBI) is responsible for the printing of currency notes in India. In this blog, we will take a closer look at the process of printing currency notes in India and the various factors that influence the process. Printing currency in India is the responsibility of the Reserve Bank of India (RBI), which is the central bank of the country. The RBI was established in 1935 and is headquartered in Mumbai. The RBI is responsible for determining the amount of currency notes that need to be printed in India. The amount of currency notes that are printed is determined based on various factors, such as the demand for currency in circulation, the need for new notes, and the replacement of old and damaged notes. Once the amount of currency notes to be printed is determined, the RBI places an order with the two government-owned printing presses in Nashik and Dewas. History of currency pr
Everyone little bit hears about share market we can say it Capital Market. It is important aspect of countries economy, main task of capital market is to raise funds for businesses and another important thing is transfer of ownership that is equity sharing. Investor can also invest money and get returns from it.
Capital market is vast area of expansion so obviously the career opportunity is there but many few peoples are aware about this. In this blog we are going to explain some of the courses which enhance your career in capital market.
There are several courses available in India for individuals interested in learning about the capital markets.
1) National Institute of Securities Markets (NISM) Certifications:
The National Institute of Securities Markets (NISM) is an educational institute established by the Securities and Exchange Board of India (SEBI) to promote education and research in the securities markets. NISM offers a range of certification programs related to the capital markets, which are designed to help individuals develop the skills and knowledge required to work in the securities markets. Here are some details about the various NISM certifications:
Securities Markets Foundation Certification (SMFC)
Mutual Fund Certification (MFC)
Equity Derivatives Certification (EDC)
Currency Derivatives Certification (CDC)
Investment Adviser (IA) Certification
Research Analyst (RA) Certification
Securities Operations and Risk Management Certification (SORMC)
Each certification has its own syllabus and examination pattern. To appear for the certification exam, individuals must register with NISM and pay the applicable fee. Once they pass the exam, they will be awarded the relevant certification. These certifications are valid for a certain period, and individuals need to renew them periodically by passing a renewal exam.
Information about NISM examinations:
Exam format: The NISM examinations are conducted online, and the format of the exam is multiple-choice questions. Each question has four options, and the candidate must select the correct answer.
Duration: The duration of the NISM examinations varies depending on the certification. The SMFC, MFC, EDC, CDC, IA, and RA exams are of 2 hours duration each, while the SORMC exam is of 100 marks and 3 hours duration.
Passing marks: To pass the NISM examinations, candidates must obtain a minimum of 60% marks. This means that out of 100 marks, a candidate must score at least 60 marks to pass the exam.
Eligibility: The eligibility criteria for each NISM certification vary. Generally, candidates who have completed their graduation or are in the final year of their graduation are eligible to appear for the exams. However, the specific eligibility criteria for each certification can be found on the NISM website.
Exam fees: The fees for each NISM certification exam vary. The fees for the SMFC, MFC, EDC, CDC, and RA exams are Rs. 1500 each, while the fees for the IA and SORMC exams are Rs. 2000 each.
Registration: Candidates who wish to appear for NISM examinations must register on the NISM website and create a user account. Once the account is created, they can select the exam they wish to appear for and pay the applicable fees.
Exam centers: The NISM examinations are conducted at various centers across India. Candidates can select their preferred exam center while registering for the exam.
Validity: The NISM certifications are valid for a period of three years. After the expiry of the certification, candidates must pass the renewal exam to renew their certification.
Overall, NISM certifications are a great way for individuals to gain knowledge and skills in the securities markets and enhance their career prospects in the financial sector.
Source: https://www.nism.ac.in
2) Diploma in Capital Markets (DCM):
Diploma in Capital Markets (DCM) is a comprehensive program that provides individuals with knowledge and skills related to various aspects of capital markets, including equity, debt, and derivatives markets. This program is designed to cater to the needs of individuals who wish to pursue a career in the financial services sector, particularly in the area of capital markets.
Here are some details about the DCM program:
Eligibility: Candidates who have completed their graduation in any stream from a recognized university or institution are eligible to apply for the DCM program.
Course duration: The DCM program is a one-year course. The program is divided into two semesters, and each semester is of six months duration.
Course content: The DCM program covers a wide range of topics related to capital markets, including equity markets, debt markets, derivatives markets, mutual funds, and risk management. The course is designed to provide a comprehensive understanding of the functioning of capital markets and the various instruments and products traded in these markets.
Course delivery: The DCM program is delivered through a mix of classroom lectures, case studies, projects, and practical training. The program is designed to provide hands-on experience to individuals and help them develop practical skills related to capital markets.
Assessment: The DCM program is assessed through a combination of assignments, projects, quizzes, and examinations. Candidates must obtain a minimum of 50% marks in each subject to pass the course.
Certification: Candidates who successfully complete the DCM program are awarded a diploma certificate. This certificate is recognized by the financial services industry and can help individuals enhance their career prospects in the capital markets.
There are several institutions in India that offer Diploma in Capital Markets (DCM) courses. Here are some links to the websites of a few institutions that offer this course:
There are several institutions in India that offer Diploma in Capital Markets (DCM) courses. Here are some links to the websites of a few institutions that offer this course:
National Stock Exchange (NSE):
https://www.nseindia.com/education/content/diploma-capital-market
BSE Institute Limited:
https://bsevarsity.com/courses/diploma-in-capital-markets
Symbiosis Institute of Management Studies:
https://www.sims.edu/post-graduate-diploma-in-capital-markets
Indian Institute of Capital Markets (IICM):
http://www.iicmva.in/courses-offered.html
3) Chartered Financial Analyst (CFA):
Chartered Financial Analyst (CFA) is a professional certification program offered by the CFA Institute based in the United States. The program is designed to provide individuals with advanced knowledge and skills related to investment management, asset valuation, and financial analysis. Here are some details about the CFA program:
Eligibility: To be eligible for the CFA program, candidates must have a bachelor's degree from a recognized university or institution or have an equivalent combination of education and work experience. Additionally, candidates must meet one of the following criteria:
Have at least four years of work experience in the investment industry
Have a combination of work experience and education that totals at least four years
Course structure: The CFA program is divided into three levels, each of which focuses on a different set of topics related to investment management, financial analysis, and ethics. The three levels are:
Level I: Focuses on fundamental concepts related to investment management and financial analysis.
Level II: Focuses on more advanced topics related to investment management, including asset valuation and portfolio management.
Level III: Focuses on portfolio management and wealth planning, as well as ethics and professional standards.
Course content: The CFA program covers a wide range of topics related to investment management, including equity investments, fixed income investments, alternative investments, portfolio management, and wealth planning. The program is designed to provide individuals with a comprehensive understanding of the investment management industry and equip them with practical skills required to succeed in this field.
Assessment: The CFA program is assessed through a combination of multiple-choice questions, item sets, and essay questions. Candidates must pass all three levels of the program to earn the CFA designation.
Certification: Candidates who successfully complete all three levels of the CFA program and meet the work experience requirement are awarded the CFA designation. The CFA designation is recognized globally and is considered one of the most prestigious designations in the investment management industry.
Here is the link to the official website of the CFA Institute where you can find more information about the Chartered Financial Analyst (CFA) program:
https://www.cfainstitute.org/programs/cfa
4) Financial Risk Management (FRM):
Financial Risk Management (FRM) is a professional certification program designed to provide individuals with advanced knowledge and skills related to financial risk management. The FRM program is offered by the Global Association of Risk Professionals (GARP), a non-profit organization based in the United States. Here are some details about the FRM program:
Eligibility: To be eligible for the FRM program, candidates must have a bachelor's degree from a recognized university or institution or have an equivalent combination of education and work experience. There are no specific work experience requirements for the FRM program.
Course structure: The FRM program is divided into two parts, each of which focuses on different topics related to financial risk management. Part I of the program covers the foundations of risk management, including quantitative analysis, financial markets, and valuation and risk models. Part II of the program covers advanced topics related to risk management, including credit risk, market risk, operational risk, and risk management in investment management.
Course content: The FRM program covers a wide range of topics related to financial risk management, including risk assessment and analysis, risk measurement and management, risk modeling, and risk governance. The program is designed to provide individuals with a comprehensive understanding of the different types of financial risks that organizations face and equip them with practical skills required to manage these risks effectively.
Assessment: The FRM program is assessed through a combination of multiple-choice questions and item sets. Candidates must pass both parts of the program to earn the FRM designation.
Certification: Candidates who successfully complete both parts of the FRM program are awarded the FRM designation. The FRM designation is recognized globally and is considered one of the most prestigious designations in the field of financial risk management.
On this website, you can find details about the eligibility criteria, course structure, course content, exam format, and other relevant information related to the FRM program.
This above mention courses are available online. Some of other courses are regarding this are also available, we will take look in next Post.
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