Markets and Financial Instruments

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

1,500/- (Rupees One Thousand Five Hundred Only).

Course outline

•Markets and Financial Instruments
Types of Markets: Equity, Debt, Derivatives, Commodities; Meaning and features of private, public companies; Types of investment avenues.
•Primary Market
Initial Public Offer (IPO); Book Building through Online IPO; Eligibility to issue securities; Pricing of Issues; Fixed versus Book Building issues; Allotment of Shares; Basis of Allotment; Private Placement.
•Secondary Market
Role and functions of Securities and Exchange Board of India (SEBI); Depositories; Stock exchanges; Intermediaries in the Indian stock market; Listing; Membership; Trading; Clearing and settlement and risk management; Investor protection fund (IPF); and Do's and Don'ts for investors, Equity and debt investment.
•Derivatives
Types of derivatives; Commodity and commodity exchanges; Commodity versus financial derivatives.
•Financial Statement Analysis
Balance sheet; Profit & loss account; Stock market related ratios; Simple analysis before investing in the shares; understanding annual report; Director's report etc.