PGED - FM

POST GRADUATE EXECUTIVE DIPLOMA IN FINANCIAL MARKETS 2013

(One Year Weekend Programme for Working Professionals)

Vision To establish the Institute as a centre par excellence for courses and research in financial markets and for developing high calibre professionals for the industry and academia.

Mission To undertake to develop and deliver high quality programmes in financial markets by maintaining excellent standards of education, ethics, integrity and discipline. To create an innovative, dynamic and world class methodology towards building financial education for the benefit of industry, society, students and other stakeholders.

Contents: 1. 2. 3. 4 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. About GIPE About NSE From the Directors Desk From Managements Desk The Financial Industry Course Overview Salient Features Course Structure Pedagogy Industry Exposure Career Options Eligibility Criteria And Selection Process Information For Prospective Students How To Apply Programme Fees Application Form

ABOUT GIPE

Founded in 1930, the Gokhale Institute of Politics and Economics (GIPE) is one of the oldest institutions for economics teaching and research in India. In 1993, keeping in view its professional standing and scope for further development, the Government of India declared GIPE as Deemed to be a University. GIPE conducts three post graduate courses namely M.A. (Economics), M.A. (Financial Economics) and M.A. (Agribusiness Economics) besides the Ph. D. Programme. It houses RBI Research Unit in Finance. It undertakes a series of research studies in several fields of finance and capital markets. GIPE also houses Agro-economic Research Centre under Union Ministry of Agriculture, Population Research Centre under the Ministry of Health and Family Welfare, the Jamnalal Bajaj Research Unit in Industrial Economics and the Ford Foundation Center for Research in International Economics. The Institute is located in the premises of the Servants of India Society, established in 1905 by the great Indian nationalist leader Gopal Krishna Gokhale (1866-1915). On the Fergusson Hill behind the Institute lies the spot where Gokhale took the vows of the Society poverty, obedience, and service to nation - and administered them to three others. It has become a landmark because of the erection of a column there. Gokhales bungalow still stands in the precincts of the Society. So does a massive banyan tree under which Gokhale and M.K. Gandhi used to discuss political issues. Gandhi regarded Gokhale as his political guru. The Gokhale Institute was established in 1930, incorporating the Servants of India Society library.

About NSE

NSE is the worlds 3rd largest stock exchange and no. 1 stock exchange in India. NSE has brought about unparalleled transparency, speed, efficiency, safety and market integrity. NSE has taken a number of initiatives in India to promote financial market education, financial literacy and vocational courses. It has launched financial markets management programme at 10+2 level in CBSE schools from 2007, financial literacy for about 3 lakh students in Tamil Nadu and in Maharashtra through Maharashtra Knowledge Corporation Limited, Pune. A number of universities such as GGS Indraprastha University, New Delhi, Punjabi University, Patiala, MD University, Rohtak, Bharti Vidyapeeth, Pune have launched MBA and BBA in Financial Markets in academic collaboration with NSE to provide vertical mobility in financial market to the school students. NSE's Certification in Financial Markets (hereinafter called as NCFM) is an online testing system, a revolutionary concept in administration of examinations and the only one of its kind today in the country. It is virtually a bench mark in financial market industry and many employers rely upon NCFM modules passed by the students while considering them for employment. The National Stock Exchange (NSE) is India's leading stock exchange covering various cities and towns across the country. NSE was set up by leading institutions to provide a modern, fully automated screen-based trading system with national reach. The Exchange has brought about unparalleled transparency, speed & efficiency, safety and market integrity. It has set up facilities that serve as a model for the securities industry in terms of systems, practices and procedures. NSE has played a catalytic role in reforming the Indian securities market in terms of microstructure, market practices and trading volumes. The market today uses state-of-art information technology to provide an efficient and transparent trading, clearing and settlement mechanism, and has witnessed several innovations in products & services viz. demutualisation of stock exchange governance, screen based trading, compression of settlement cycles, dematerialisation and electronic transfer of securities, securities lending and borrowing, professionalisation of trading members, fine-tuned risk management systems, emergence of clearing corporations to assume counterparty risks, market of debt and derivative instruments and intensive use of information technology.

FROM THE DIRECTORs DESK

The Post Graduate Executive Diploma in Financial Markets is a unique programme designed in collaboration with NSE. It is for those professionals and practitioners who desire to excel in their careers on the strength of their knowledge and understanding of the financial markets. The course lays special emphasis on equipping candidates with practical exposure through mock simulation trading and visits to national and international financial centres. Financial markets have grown tremendously in size, depth and liquidity over the years. Along with the phenomenal growth has grown the complexities and risks in the markets. Similarly, complexities have grown with the emergence of new and sophisticated financial products which have exploded in trading and outstanding exposures. To stay ahead of the curve and emerge as a successful professional one has to have strong knowledge of the financial markets and products. The premise of the programme rests on the motto of acquiring skills to make informed decisions.

The design, depth and the delivery of the programme is ensured through regular monitoring of the programme by a high level Academic Advisory Committee comprising of eminent academicians and practitioners. Similarly, the oversight of the programme is a continuous process and the Academic Advisory Committee regularly monitors the quality and the relevance of the programme. Experienced and eminent faculty from the institute and industry would provide the necessary dimension to make interactions between faculty and students a rich and rewarding experience. I would like to welcome the participants joining this prestigious programme of GIPE, in collaboration with NSE and assure them of the best learning environment.

Dr. Rajas Parchure Director, GIPE

FROM THE MANAGEMENTS DESK

Its my pleasure to welcome you to the Post Graduate Executive Diplma in Financial Markets, a joint collaborative programme by the Gokhale Institute of Politics & Economics (GIPE) and the National Stock Exchange (NSE). The participants of the programme shall understand the cuttingedge financial market concepts, to applying conceptually sound techniques for obtaining an edge over competition. NSE aims at cultivating a culture of knowledge to help professionals to take informed decisions relating to the securities market and has initiated a number of educational initiatives such as certification programs, training, financial literacy at school level, short term courses at college level etc. to develop of a pool of human resources having right skills and expertise to help enhance quality intermediation in the financial markets. The Financial education has been a key focus area of NSE for many years. The exchange has conducted hundreds of seminars on financial literacy, to bring more people into the financial mainstream. Post Graduate Executive Diploma in Financial Markets equips the participants with comprehensive knowledge and skill enhancement to meet the vibrant demands of the financial sector both at the domestic and at international levels. NSE and GIPE brings together the renowned academicians and financial experts associated with major corporate houses, business conglomerates and academic institutions. This unique combination ensures that students learn comprehensive, state-of-the-art financial thinking and techniques, practiced in the rapidly growing and diversified Indian markets.

Ravi Narain Managing Director, NSE

THE FINANCIAL INDUSTRY

The Indian economy is the worlds second fastest growing economy today and is expected to become a US$ 5 trillion economy by 2020. Driven by rising personal incomes, corporate restructuring, de-regulation and liberalisation of financial market, Indian financial industry is expected to enjoy robust growth during coming years. With a sustained growth and rapid development in technology and infrastructure, an increasing share of financial services would get centralized. The last decade has seen unprecedented growth in Indias financial services sector. It employs over 3 million people, constitutes about 5% of the GDP and has an estimated market capitalization of over US$ 200 billion. As India experiences continued economic growth, the financial sector could generate about 10-11 million jobs and a GDP contribution of US$ 350 to 400 billion by 2020 Mc Kinsey & Co. study conducted for Gujarat International Finance Tec-City

The one year executive programme in financial markets has considered the changing needs and the future requirements of the financial industry and equip you with the most contemporary skills and knowledge required to capitalize forthcoming opportunities in the financial world.

COURSE OVERVIEW The Post Graduate Executive Diploma in Financial Market (PGED-FM) is a 1 year week end programme designed jointly by GIPE and NSE 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 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. SALIENT FEATURES: Certification PGED-FM is a comprehensive financial markets programme designed jointly by the Gokhale Institute of Politics & Economics and the National Stock Exchange. The diploma for the 1 year Post Graduate Programme, weekend format, is awarded by the Gokhale Institute of Politics & Economics, a deemed to be University u/s 3 of the UGC Act, in collaboration with the National Stock Exchange. Program PGED-FM is a one year executive programme that begins with a 2 days campus immersion schedule at a venue near Pune followed by classes on every Saturday and Sunday at Pune and Mumbai for the ease of working professionals. Industry Vetted Content NSE and GIPE jointly deliver rich industry oriented curriculum designed to improve the essential skills of the finance professionals. The content is continuously updated based on innovation and leading practices in the financial industry. Experienced Peers The program is restricted to only those with atleast 2 years of relevant work experience. Studying along with experienced finance professionals will nurture your talent and helps you to regularly up-skill yourself to stay competitive in the financial world. Excellent Faculty The combination of senior academicians at GIPE and practicing securities market professionals at NSE successfully deliver the theoretical and practical aspects of the

dynamic curriculum of PGED-FM. Our core, honorary and adjunct faculty stands out for its sound academic credentials and impressive industry experience. Live Market Training Minimum 150 hours of skill development sessions are imparted to students which involve extensive training through market simulation internet based software from NSE i.e. NLT (NSE Learn to Trade). Global Exposure The programme is designed to empower students to become successful finance professionals in the challenging global scenario. It incorporates a 4-5 days tour to Singapore which is a premier access point for asian capital and investment exposure. Placement Assistance - NSE and GIPE have a dedicated placement committee that acts as a link between students and industrial houses. The assistance is provided in form of on-campus and off-campus recruitment events organized for students to interact with the potential employers.

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

Post Graduate Executive Diploma in Financial Market

S. No. 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Paper Name Quadmester 1 Financial Institutions & Markets Capital Market Operations Statistical Techniques for Financial Markets Accounting and Taxation for Managers Economics for Financial Markets Quadmester 2 Corporate Finance Equity Derivative Market Operations Financial Advisory Services International Financial Reporting Standards Commodities Market Operations Quadmester 3 Banking Sector Operations Financial Regulations Financial Valuation and Modeling Options Trading Strategies Fundamental Analysis Quadmester 4 Foreign Exchange Management Technical Analysis Mutual Funds & Debt Markets Wealth Management Project Work Covered by GIPE NSE GIPE GIPE GIPE GIPE NSE NSE GIPE NSE GIPE GIPE NSE NSE NSE GIPE NSE NSE NSE GIPE/ NSE

PEDAGOGY NSE and GIPE together adopts an innovative pedagogy to match contemporary requirements of financial sector and upgrade the student to compete at global level. The curriculum is designed by both industry experts and academicians to create a solid link between conceptual knowledge and the industry requirements. The class room lectures are supplemented by one or more than one of the following pedagogical tools:

Regular Business Presentations Simulated Trading Sessions Brainstorming Case Studies Group Discussions Interactive sessions with Corporate Professionals Role Plays Live Projects Visit to international financial centres Participation in Business Channels

INDUSTRY EXPOSURE

The students of PGED-FM will have a continuous interaction with the industry through corporate visits, stock exchange visits, guest lectures, seminars etc. They will be attending intensive industry integrated training sessions by senior financial experts from top domestic and international corporate.

CAREER OPTIONS

The PGED-FM provides participants with a wide range of career opportunities: Investment Banker Financial Planning & Wealth Manager Analyst - Equity, Technical, F&O, MFs, Commodity, Forex Fund / Portfolio / Hedge Fund Manager Back / Front Office Operations Manager Surveillance/Compliance/Regulation Manager Teaching / Content Development Financial Journalist IT / IT Security / Programmer Risk Manager

With accelerated growth in financial markets, the course equips students to work with/in: Banks Mutual Funds Investment consultancy Broker Firms Insurance Companies Merchant Bankers Pension funds Financial institutions Custodians Depository Participants Commodity Markets Credit Rating Agencies KPOs, BPOs

ELIGIBILITY CRITERIA AND SELECTION PROCESS

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 2 years of work experience (full time / part time). Professional Qualifications like CA, CS, CWA, CFA, MBA, etc. would have an added advantage. The selection is based on scrutiny of applications and interview conducted through NSE platform.

INFORMATION FOR PROSPECTIVE STUDENTS Activities Application process starts Application process close Dates of interviews Last date for registration 1st Installment Session starts Date October 15, 2012 December 23, 2012 December 26 - 31, 2012 January 8, 2013 January 15, 2013 January 31, 2013

HOW TO APPLY 1. The application form is enclosed. It can also be downloaded from NSEs website (www.nseindia.com > Education > Professional Courses). The completed application along with proof of educational qualification, work experience and a Demand Draft of Rs. 900/- drawn in favour of the Gokhale Institute of Politics & Economics, payable at Pune, be sent to the National Stock Exchange of India Ltd., SBU-Education Dept., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051. The envelop should be super scribed by Application for PGED-FM.

3.

Last date of Receipt of filled-in Application Form : December 23, 2012

For any admission related queries you may contact the following Admission Coordinators between 10 a.m. to 5:30 p.m.

National Stock Exchange Contact persons : Ms. Vineeta Sawant / Ms. Namitha Poman Phone : 9819111072 / 9769583023 / 022-26598216 (Direct) Email : nbannanje@nse.co.in

Gokhale Institute of Politics and Economics Contact person : Dr. Lalitagauri Kulkarni Phone:020 2565 42 88 Mobile: 9822477474 (During 11a.m.to 2.00p.m.) Email : GIPEPGEDFM@gmail.com

PROGRAMME FEES Option I - Lump sum Fees S.No. 1 2 Installment Registration Amount Installment-I (payable 15 days before start of academic session) Total Amount 10000 220000

230000

Option II - Installment Plan S.No. 1 2 Installment Registration Amount Installment-I (payable 15 days before start of academic session) Installment-II (payable 15 days before start of III quadmester) Total Amount 10000 115000

115000

240000

Option III - Installment Plan S.No. 1 2 Installment Registration Amount Installment-I (payable 15 days before start of academic session) Installment-II (payable 15 days before start of II quadmester) Amount 10000 60000

60000

Installment-IIl (payable 15 days before start of III quadmester) Installment-IV (payable 15 days before start of IV quadmester) Total

60000

60000

250000

Note : The programme fees is inclusive of international visit to Singapore (air fare & lodging charges), cost of study material, examination & certification, skill development through NSE learn to trade software, lunch and tea provided during the classes.

Gokhale Institute of Politics and Economics

In Collaboration With

National Stock Exchange

INVITES APPLICATION FOR Post Graduate Executive Diploma in Financial Markets (2013)
Passport Size Photograph

Choice of centre for the course (please tick) Pune

Name of the Participant (in BLOCK LETTERS) Father's/Husband's Name Date and Place of Birth (enclose copy of birth certificate or school leaving certificate) Nationality Educational Qualification (enclose copies of certificates) Degree/Certificate University Year of Passing % Marks

Mumbai
Mr./Ms. First & Middle Name Last Name

Work Experience

Designation

Organization

From

To

Address

City:

State:

Pin Code:

Country Code Phone: Landline Mobile Email :

STD Code

Number

I undertake to declare that upon my admission to Post Graduate Executive Diploma in Financial Markets conducted by GIPE-NSE, I would abide by rules and regulations governing the conduct of the programme. Signature of Applicant

Kindly enclose a Demand Draft of Rs. 900/- drawn in favour of the Gokhale Institute of Politics & Economics, payable at Pune, and send alongwith application form to the National Stock Exchange of India Ltd., SBUEducation Dept., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051. The envelop should be superscribed by Application for PGED-FM. Enclose :
1. Copy of birth certificate or school leaving certificate 2. Copies of educational qualification certificates

Registration form duly completed in all respect must reach before December 23, 2012 at the following address: Ms. Vineeta Sawant National Stock Exchange of India Ltd. SBU-Education Dept. Exchange Plaza Bandra Kurla Complex Bandra (East) Mumbai 400051. Phone : 9819111072 (Mobile) 022-26598216 (Direct)

For further details please contact: National Stock Exchange of India Limited (NSE) SBU-Education Dept., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051. Contact persons : Ms. Vineeta Sawant / Ms. Namitha Poman Email : nbannanje@nse.co.in, Phone : 9819111072 / 9769583023 / 022-26598216 (Direct)