INVESTMENT MANAGEMENT

ONLINE CERTIFICATE COURSE IN

(With Exclusive Hands on Trading in Algo and Trading Analytics Lab)

NATIONALINSTITUTEOFSECURITIESMARKETS(NISM)THEINSTITUTEOF

COSTACCOUNTANTSOFINDIA

Banking,FinancialServices&InsuranceCommittee

StatutoryBodyunderanActofParliament

www.icmai.in

BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

www.nism.ac.in

Cer�ficate Course in Investment Management

AboutICAI

Institute’sNetwork

The InstituteofCostAccountantsofIndiawas�irstestablishedin as1944a registered company under theCompanies Act with the objects ofp r om o t i n g , r e g u l a t i n g a n ddeveloping the profession of CostAccountancy.On theth28 May,1959,InstitutewasestablishedbyaspecialAct of Parliament, he Cost namely, tandWorksAccountantsAct,1959asastatutory professional body for theregulation of the profession of Costand Management accountancy. TheInstitute isundertheadministrativecontrol of Ministry of CorporateAffairs,GovernmentofIndia.

The Ins t i tu te has s ince beencontinuously contributing to thegrowth o f the indus t r ia l andeconomicclimateofthecountry.TheInstitute is the only recognisedstatutory professional organisationa nd l i c e n s i n g b ody i n I n d i aspecialising exclusively in Cost andManagementAccountancy.

InternationalAf�iliation

The InstituteofCostAccountantsofI nd i a i s Founde r member o fI n t e r n a t i o n a l Fe d e ra t i o n o fAccountants(IFAC),ConfederationofAsian&Paci�icAccountants(CAPA)&S o u t h A s i a n F e d e r a t i o n o fAccountants (SAFA). The Institute,beingtheonlyinstitutionfromIndia,isamemberoftheAccountingBodiesNetwork (ABN) of The Prince'sAccounting for Sustainability (A4S)Project , UK and Internat ionalValuation Standards Council (IVSC),UK.

Institute’sStrength

TheInstituteisthe2 largestCost&nd

ManagementAccountingbodyintheWorldandthelargestinAsia,havingalarge base of about 85,000 CMAseither in practice or in employmentand around 5,00,000 studentspursuingtheCMACourse.

VisionStatement

“TheInstituteofCostAccountantsofIndiawouldbethepreferredsourceofresourcesandprofessionalsforthe�inancial leadership of enterprisesglobally."

MissionStatement

“ T h e C o s t a n d M a n a g emen tAccountant professionals wouldethicallydriveenterprisesgloballybycreatingvaluetostakeholdersinthesocio-economic context throughcompetencies drawn from theintegrationof strategy,managementandaccounting."

Institute'sheadquarters is situatedatKolkatawithanotherof�iceatNewDelhi.The Instituteoperates through fourRegionalCouncilsatKolkata,Chennai,DelhiandMumbaiaswellasthrough108ChapterssituatedinIndia,10OverseasCentresabroad,2CentresofExcellence,51CMASupportCentresand434RecognizedOralCoachingCentres.

VisionTo lead , ca ta lyze and de l ivereducationalinitiativestoenhancethequalityofsecuritiesmarkets.

MissionToengageincapacitybuildingamongthe stakeholders in the securitiesmarkets through �inancial literacy,professional education, enhancinggovernance standards and fosteringpolicyresearch.

The National Institute of SecuritiesMarkets (NISM) is a public trustestablishedin2006bytheSecuritiesandExchangeBoardofIndia(SEBI),the regulator of the securitiesmarketsinIndia.Theinstitutecarriesoutawiderangeofcapacitybuildingactivities at various levels aimed atenhancing the quality standards insecuritiesmarkets.Theinstitute'ssixschoolsofexcellenceworkinsynergytowards professionalized securitiesmarkets.

AboutNISM

2 BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

Cer�ficate Course in Investment Management

StockSelectionandTradinginEquity

–LevelI

The course aims at providing a better understanding of the Investment decisionmaking process and strategies forinvestment,withemphasisonequities,equityderivativesandmutualfundinvestments.Thecoursehelpstodevelopfundamentalskillsforsuccessfulinvestmentbyprovidinginsightsintohowthemodelscanbeappliedintherealworlddynamicenvironmentwiththeobjectiveofmaximisingreturnsandminimisingrisk.ProvidesanexposuretotradingsimulationsthroughtheNISMAlgoandTradingAnalyticslab.

CourseObjective

Thecourseisdividedinto Eachlevelcanbetakenseparatelyandcompletedbasedontheneedsandprioritiesof3levels.theparticipants.Thecontactclassesandhandsonpracticetimefor willbe Allthreelevelsputeachlevel 30hours.togetheraimatprovidingaholisticviewofinvestmentmanagementandhelpinpreparingfordifferentrolesofferedbycapitalmarketintermediaries.

TheBridgecourseismeanttointroducethesecuritiesmarketsbasicstoparticipantswhoarenotconversantwiththesame.ThebridgecoursewillprovideanoverviewofFinancialmarkets,investibleassets,theconceptofriskandreturnand�inancialratiosforinvestmentevaluation.Thedurationofthe willbeforaboutbridgecourse 6hours.

CourseContent

TechnicalAnalysisandMutualFund–LevelII

BasicDerivativesandDerivativesTradingStrategies

–LevelIII

¤ Stockpickingandinvestingstyles

¤ EquityMarketoperationsandconcepts

¤ Labbasedsessionsonorderexecution,orderandtrademanagementandqueries.

¤ Riskmanagementframeworkandclientlevelinvestmentriskmanagement

¤ CharttypesandChartconstruction

¤ Patternsandindicators-trend,momentum,volatility,oscillators.

¤ Strategybuildingandbacktesting-readingreports.

¤ Handsonsessioncoveringaboveconcepts

¤ Mutualfunds-introduction,products,investmentgoals-howtopickmutualfundsforinvestmentneedsusingcasestudies

¤ Introduction,derivativeproducts-futuresandoptions.

¤ Equityfutures-pricing,tradingstrategies,hedgingusingfutures

¤ Equityoptions-Strategiesforoptionbuyersanduseofoptiongreeks

¤ Strategiesforoptionwriteranduseofoptiongreeks

¤ Handsonsession-buildingderivativestrategiesforbull,bearandconsolidatingmarketphasesandexecution

3BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

ONLINE CERTIFICATE COURSE IN INVESTMENT MANAGEMENT(With Exclusive Hands on Trading in Algo and Trading Analytics Lab)

Cer�ficate Course in Investment Management

¤ At theendofLevel I theparticipantwillbeable topickstocks for investmentandalsoexecute thosedecisionsef�icientlythroughonlinetradingterminals.Theparticipantwillalsounderstandriskandcapitalrequiredfortradinginequitycashmarkets.

¤ LevelIIwillhelpintimingtheexecutionofinvestmentdecisionsusingtechnicaltools.Understandmajorpatternsandindicators and predict trends. Overview ofMutual Fund schemes and how to selectMutual Fund schemes forinvestment.

¤ LevelIIIwillbuildbasicunderstandingofderivativesandalsohelpinunderstandingandapplyingstrategiesfordifferentmarketregimeslikebullmarkets,bearmarketsandmarketsinconsolidationmode.

CourseTakeaways

¤ StudentspursuingCMACourse(Foundation/Intermediate/Final)¤ Quali�iedCMAsandmembersoftheInstituteofCostAccountants¤ Studentwithnon-commerceornon-accountingbachelor'sdegreewillhavetoenrolforbridgeCourse

Eligibility

CourseFeeforeachlevel-Rs.3,600/-+GST@18%

DetailsofPaymentisstatedinBFSIPortaloftheInstitute’swebsite.

CourseFees

ForYOU ForYourCOMPANY

¤ Understandonlinetradingoperationsandhowmarketswork

¤ Usingtechnicalindicatorstopredictmarkettrends

¤ Formulateinvestmentstrategies(equityandequityderivatives),applyandmaximisepro�itswithreducedrisk

¤ Explorenewstrategiesandapplyintherealworldsimulationenvironment

¤ Understandtheimpactofeventsandnewsonmarkets

¤ Minimisetheimpactofvolatilityandmanagerisk

¤ Prepareforroleslike"dealerdesk"andclientmanagementinbroking�irms

¤ Pro�iciencyindealingwithbothequityandequityderivatives

¤ Improvethepotentialtoexecuteandmanagetradesandpositionsacrossbothequityandequityderivativesmoreeffectively

¤ Understandtheriskmanagementframework

4 BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

Cer�ficate Course in Investment Management

¤ DeliveredonlinethroughWebExplatformbyexperiencedfacultyfromNISM¤ WebexplatformOffersopportunityforparticipantinteractionandQ&Athroughchatbox,questionsetc¤ Exposestheparticipantstothedynamictradingenvironmentthroughlabbasedsessions¤ Bringsrealworldexperientiallearningtotheclassroom¤ CourseoffersuniquehandsontradingandinvestmentexperiencethroughtheAlgoandTradingAnalyticslab¤ Accesstothe foraperiodof4weeksforself-study,assignmentandhandsonpracticeAlgoandTradingAnalyticsLab

sessionsaspermarketworkinghoursonworkingdaysandSaturdays.¤ Rigourmaintainedthroughperiodicassessment–onlinequizandlabbasedassignments

KeyFeatures

¤ Quiz–onlinequizwithweightageof60%¤ Assignment–Withweightageof40%

Certi�icateofCompletion–Willbeissuedtothoseparticipantswhocompletetheassessmentwithminimumof50%marksinaggregate.

AssessmentforEachLevel

StockSelectionandTradinginEquity-LevelI

TheLevelIisafoundationlevelprogramforInvestmentmanagement professionals. It blends the methods ofvaluationofequityandidentifyingstocksforinvestmentwith the process of execution of the investment ideathrough trading terminals. The course combinesinvestment decision making with trading operationscovering both the idea and the execution aspects ofinvestment.

Objectives

¤ Understand themethods for valuation for equityandinvestmentdecisionmakingstyles–valueandgrowthinvesting.

¤ Understand the nuances of operations in equitycashmarkets–trading,ordermatching,

¤ Sessioninamarketandglobalmarketstructure.¤ Toprovideanoverviewoftradingoperationsand

marketoperations,acrossEquitycashsegments¤ From a dealer role perspective enable the

participantswithhandsonsessionsontrading in

equity cash markets with emphasis on orderpunching, trade and position Management andunderstandingoftradingstrategies.

¤ UnderstandRiskmanagementatclientlevelandexchangelevel.

Content

The program is designed as an intensive practicalprogram spread across 30 hours of online sessions,handsonsessionsinlabandselfpacedexplorethelabsessions.Thefollowingtopicswillbecovered:

¤ Overview of FinancialMarkets – Institutions andinstruments

¤ InvestmentinEquity–Valuationmethods,modelsandinvestmentstyles

¤ Trading basics Equity Cash Markets – Products,Concept, trading clearing and settlementprocess,ordermatchingRulesandtradingoperationswithemphasisonorderandtrademanagement.

DetailedCourseOutlineforEachLevel(LevelI/II/III)

5BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

Cer�ficate Course in Investment Management

¤ Labbasedsession–Gettingstarted,Orderandtrademanagement,positionmanagement

¤ andqueriesandtradingstrategies¤ Extensive hands on sessions on understanding

client level risk,newsbased trading sessionsandcasestudiesusingliveandrecordeddata.

¤ Risk Management at client and exchange level –Margins, circuit breakers, price limits, minimumcapitaletc.

¤ GlobalMarketmicrostructure-overview

Assessment

Quiz–onlinequizwithweightageof60%Assignment–Withweightageof40%

Certi�icate of completion – Will be issued to thoseparticipants who complete the assessment withminimumof50%marksinaggregate.

TechnicalAnalysis&MutualFund-LevelII

LevelIIisstructuredtoprovideinsightsintotechnicalanalysis as a tool to time the execution of equityinvestmentdecisionssoastobuylowandsellhigh.Thecourseblendstheunderstandingofdifferentindicatorsliketrend,volatility,Momentumandcombinationsoftheaboveindicators, backtestthesameonhistoricaldata,improve the strategy and create pro�itable strategiesthatarereadytoimplementinthemarkets.

Pre-requisite

Good understanding of the trading process, tradingoperations, margining system, cash market productsandfundamentalvaluationmethodsisrequired.–LevelIonequityvaluationandtradinginequityisadesirablepre-requisiteforthisprogram.

Objectives

To understand the importance of technical analysis,differentindicatorsandpatterns.Topreparethetradingstrategyandthesetupforintradaytradingorshortterm

trading. To apply the strategies developed in realmarkets and understand the effectiveness of thestrategiesdeveloped.

Content

The program is designed as an intensive practicalprogram spread across 20 hours of online sessions,handsonsessionsinlabandselfpacedexplorethelabsessions.Thefollowingtopicswillbecovered:

¤ OverviewofFinancialMarkets–tradingoperations,IntroductiontoTechnicalAnalysis

¤ Charttypesandchartconstruction¤ Support,Resistance,Patterns¤ Trendindicators,Momentumindicators,Oscillators

and Volatility Indicators. Using combination ofindicatorsforstrategy.

¤ DowandElliotwavetheory¤ Hands on session on building and application of

different indicators, forming strategies andbacktestingstrategies

¤ Handsonsessionsonreadingbacktestingreportsand arriving at pro�it maximisation tradingstrategies

¤ Riskmanagement–Stoploss,trailingstoploss,Riskrewardratio

¤ TochooseMutualFundschemesforinvestment

Assessment

¤ Quiz–onlinequizwithweightageof60%¤ Assignment–Withweightageof40%

Certi�icate of completion – Will be issued to thoseparticipants who complete the assessment withminimumof50%marksinaggregate.

6 BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

Cer�ficate Course in Investment Management

BasicDerivativesandDerivativesTradingStrategies-LevelIII

This level coversbasicsof equityderivativesandalsoprovides an understanding of derivative tradingstrategies.Itblendsstrategiesthatcombinecashmarketwithfuturesandoptionstocreatewinningtradesacrossbullish,bearishandconsolidationphasesofthemarket.Thislevelprovidesuniqueandpracticalunderstandingofoptions,optiongreeks.Usingoptionsfortradingandhedging. Provides an understanding of how to tradevolatilityandusetimedecayfortradingpro�itably.Livehands on session in the lab supported by pricecalculators–thatincorporatevolatilityandtimefactorsisincludedinthestudy.

Pre-requisite

Anunderstandingoftrading,tradingoperationsrelatedtocashmarketsandtechnicalanalysiswillbeveryusefulto learn, position and manage derivative tradingstrategies.

LevelIonequitytradingisanessentialprerequisiteforthis level. Level II on technical analysis will help theparticipantstomakesuperiordecisions.

Objectives

Understandtheequityderivativesbasicsandadvancedconcepts.Valuationofderivativesfuturesandoptions.Option writing – Option greeks: role in trading andtrading strategies. Derivative trading strategies forbullish,bearishmarketsandmarkets inconsolidationphase. Application of the strategies in live marketenvironmentandunderstandtheimplications.

Content

The program is designed as an intensive practicalprogram spread across 30 hours of online sessions,handsonsessionsinlabandself-pacedexplorethelabsessions.Thefollowingtopicswillbecovered:

¤ Introduction toDerivatives –derivativeproducts:Indexandstock,futures,forwards,options–types,needforderivatives.Terminology.

¤ Derivativemarketoperations:Trading,clearingandsettlement- Mark to Market and expiry pay off.Regulatory framework – Eligibility, Market widepositionlimits,Rollover,openinterest,impactcost.

¤ Futures – pricing of future contracts, Pay offdiagrams,tradingandhedgingusingfutures.

¤ Options – types, terminology, simple trading andhedging strategies using options. Valuation orpricingofoptions.Payoffdiagrams,putcallparity,Optionanalytics;volatilitytradingandtimedecay.

¤ Hands on session in lab on trading usingcombination of equity cash, futures and optionsbased strategies. Bullish and bearish marketstrategies.Applicationofvolatilitytradingandtimedecay.

Assessment

¤ Quiz–onlinequizwithweightageof60%¤ Assignment–Withweightageof40%

Certi�icate of completion – Will be issued to thoseparticipants who complete the assessment withminimumof50%marksinaggregate

7BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

BehindEverySuccessfulBusinessDecision,thereisalwaysaCMA

CMADibbenduRoy-JointDirectorE-mail:bfsi@icmai.inMobile:96434-43047/83686-93781

Mr.AshutoshKumarE-mail:ssir@nism.ac.inMobile:93260-22370/75065-81992

NATIONALINSTITUTEOFSECURITIESMARKETS(NISM)THEINSTITUTEOF

COSTACCOUNTANTSOFINDIA

Banking,FinancialServices&InsuranceCommittee

StatutoryBodyunderanActofParliament

www.icmai.in

www.nism.ac.in

Headquarters:CMABhawan,12SudderStreet,Kolkata-700016DelhiOffice:CMABhawan,3InstitutionalArea,LodhiRoad,NewDelhi-110003

NISMNewCampus

PlotNo.IS1&IS2,PatalgangaIndustrialAreaVillageMohopada(Wasambe),RasayaniDistrict-Raigad,Maharashtra-410222

CourseCoordinatorfromBFSIDepartment

Formoredetails

&

Also,theprogram

willbeonwebexplatformand

softwareisaccessibleonWindowsOperatingSystemof7

andabove.Goodinternetconnectivityisamustfor

participantsandconnectionmustbethroughdesktop/laptop.