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PGED - FM

POST GRADUATE EXECUTIVE DIPLOMA IN

FINANCIAL MARKETS

2014-15

(One Year Weekend Programme for Working Professionals)

at Pune and Mumbai

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Contents:

1. About GIPE

2. About NSE

3. The Financial Industry

4. Course Overview

5. Salient Features

6. Course Structure

7. Pedagogy

8. Career Options

9. Eligibility Criteria And Selection Process

10. Application Procedure

11. How To Apply

12. Programme Fees

13. Application Form

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Vision

To establish the PGED-FM programme as a course par excellence for performance and research

with a vision to develop high calibre professionals for the industry and academia.

Mission

To undertake to develop and deliver high quality programme in financial markets and investment

management 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.

Objectives

• To give the students thorough understanding of investment environment, from the basics

onwards.

• To provide hands on training on various investment tools and techniques like fundamental

analysis, technical analysis and portfolio management.

• To provide theoretical and practical training to enable the students to make confident

investment decisions.

• To impart skills required to construct and manage investment portfolios consisting of debt,

stocks, options, insurance etc.

• To make them learn how to make risk-return efficient investment decisions in the financial

markets.

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ABOUT

GOKHALE INSTITUTE OF POLITICS AND ECONOMICS (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. Though mainly a research Institute,

from its inception the M.A. and Ph.D degrees offered by GIPE were recognized by the University

of Bombay. With the establishment of the University of Poona (1949), GIPE became a

constituent recognized institution of that University. In 1962, recognizing its contribution to

research in agricultural economics, the University Grants Commission (UGC) selected the

Institute as a Centre of Advanced Study in Agricultural Economics. The scope was broadened

two years later when the UGC declared GIPE as a Centre of Advanced Study in Economics. 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’.

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. Gokhale’s 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.

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About

NATIONAL STOCK EXCHANGE (NSE)

NSE is a global leader in the securities industry. 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 6 lakhs students in Tamil Nadu, online personal finance course in Maharashtra and Rajasthan through the 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, Ravenshaw University, Cuttack, have launched MBA and BBA in Financial Markets in academic collaboration with NSE. NSE's Certification in Financial Markets (hereinafter called as NCFM) is an online certification and testing system which builds financial market skills among candidates through a self study and on-line exam mode. 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.

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THE FINANCIAL INDUSTRY

The Indian economy is the world’s 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 India’s 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.

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.

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COURSE OVERVIEW

The Post Graduate Executive Diploma in Financial Markets (PGED-FM) is a one year, week end programme designed jointly by GIPE and NSE with the objective of developing trained professionals capable of occupying positions of responsibility banks, mutual funds, asset management companies, KPOs, BPOs, brokers, stock exchanges, commodity exchanges, regulatory bodies, market intermediaries 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 etc. The programme is comprehensive in nature, covering important areas of financial markets – cash equity, equity derivatives, currency derivatives, commodity markets, debt, insurance etc. The focus of the programme shall be investment and portfolio management to achieve efficiency in terms of return, risk and liquidity. 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 etc.

SALIENT FEATURES: Certification – PGED-FM is a comprehensive investment management programme designed jointly by the Gokhale Institute of Politics & Economics and the National Stock Exchange. The diploma for the one 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. Add - on Certification- The candidates receive additional certificates from NSE upon successfully passing selected course modules. Program – PGED-FM is a one year executive programme. The classes are held 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 in portfolio management. 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 at least 2 years of relevant

work experience. Studying along with experienced investment 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 successfully deliver the theoretical and practical aspects of the dynamic

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curriculum of PGED-FM. Our core, honorary and adjunct faculty stands out for its sound

academic credentials and impressive industry experience.

Live Market Training, Performance Evaluation and Fund Management –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 tour to Singapore

(optional) which is a premier access point for Asian capital and investment exposure.

Course Material – Course material prepared by NSE on specific modules and exhaustive

reference material an all aspects of investment management is provided throughout the course.

Venue – The classes are held on weekends on Saturday and Sunday at : Pune batch :

1) Gokhale Institute of Politics & Economics BMCC Road, Deccan Gymkhana, Pune – 411004 Mumbai batch : 2) Maniben Nanavati Women’s College Vallabhbhai Road, Vile Parle (W) Mumbai - 400056 The course will commence with a one day immersion program at Pune.

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COURSE STRUCTURE

The programme has been designed to cover 16 papers in four quadmesters. Following are the list of papers which are to be taught during the course.

Post Graduate Executive Diploma in Financial Markets

Quadmester-wise Course Structure 2014-15

Paper

No. Paper Name

Quadmester I (April – June 2014)

FM-01 Economics and Finance : Introduction

FM-02 Accounting and Personal Tax Planning

FM-03 Statistical techniques for Investment Management

FM-04 Fundamental Analysis for Investment : Introduction

Quadmester II (July – September2014)

FM-05 Fundamental Analysis for Investment : Applications

FM-06 Technical Analysis

FM-07 Debt Market and Mutual Funds

FM-08 Life Insurance and Pensions

Quadmester III (October-December2014)

FM-09 Financial Derivatives

FM-10 Portfolio Management

FM-11 Sector Analysis

FM-12 Commodity Market Operations

Quadmester IV (January-March2015)

FM-13 Financial Valuation and Modeling

FM-14 Event Based Investment Strategies

FM-15 Financial Advisory Services

FM-16 Project Work

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PEDAGOGY

NSE and GIPE together adopt 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 • Projects • Visit to international financial centre (optional)

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

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ELIGIBILITY CRITERIA AND SELECTION PROCESS

• All participants must have completed Graduation or a degree equivalent thereto from a

recognised Indian or Foreign University / Institution.

• 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.

Application Procedure:

IMPORTANT DATES Date

Application process starts January 1st, 2014

Last Date for Receipt of Application Form January 31st, 2014

Dates of interviews February,8th &15th 2014

Last date for registration March 15th, 2014

1st Installment March 31st 2014

Session starts April 5th , 2014

HOW TO APPLY

The application form is enclosed. It can also be downloaded from NSE’s website (www.nseindia.com> Education > Post Graduate Courses > Gokhale Institute of Politics

& Economics). 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 or The Gokhale Institute of Politics & Economics, BMCC

Rd, Deccan Gymkhana, Pune, Maharashtra, 411004. The envelop should be super scribed with “Application for PGED-FM”. Last date of Receipt of filled-in Application Form : January 31st, 2014

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For any admission related queries you may contact the following :

Gokhale Institute of Politics and Economics Contact person :

� Mumbai – Mr. Niteen Ghodke Ph. 9769807191 [email protected]

Ms. Suvarna Kulkarni Ph.9321776689

� Pune - Dr. Siva Reddy, Ph. 9545118639 [email protected]

National Stock Exchange

Contact persons: Ms. Namitha Poman / Ms. Vineeta Sawant

Phone : 9769583023/022-26598100 (Boardline) -23069/23084/23075 (Ext)

Email : [email protected]/ [email protected]/ [email protected]

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Fees Structure

PGED –FM 2014-15

Payment Plan A- Lump sum Fees

Option I

With

Singapore Visit#

Option II Without

Singapore Visit#

S.No. Lump sum Fees Amount Rs Amount Rs

1 Registration Amount 10000 10000

2 Installment-I (payable 15 days before start

of academic session)

220000 160000

Total 230000 170000

Payment Plan B - Installment Plan

S.No. Installment Amount

1 Registration Amount 10000 10000

2 Installment-I (payable 15 days before start of academic

session)

115000* 90000

3 Installment-II

(payable 15 days before start of III quadmester)

115000* 80000

Total 240000 180000

Important Note :

* Installment post- dated cheques to be submitted before the commencement of the program.

* The programme fees is inclusive of cost of study material, examination & certification, skill

development through NSE learn to trade software, lunch and tea provided during the classes.

# The programme fees with Singapore visit include the lodging, air fare and insurance, visa expenses.

The candidate has to select the plan at the time of admission. The change of plan at later stage will not

be permitted under any circumstances.

# The Singapore study visit cost is estimated based on the current SGD to INR exchange rate. In the

event of exchange rate depreciation the difference shall be paid by the candidate on pro rata basis.

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Gokhale Institute of Politics and Economics In Collaboration With

National Stock Exchange

INVITES APPLICATION FOR

Post Graduate Executive Diploma in Financial Markets (2014-15)

Choice of centre for the course (please tick)

Pune Mumbai

Name of theParticipant (in

BLOCK LETTERS)

Mr./Ms. First & Middle Name Last Name

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

Work Experience Designation Organization From To

Address

Passport Size

Photograph

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City: State: Pin Code:

Phone:

Landline

Country Code STD Code Number

Mobile

Email :

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., SBU-

Education Dept., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 or The Gokhale

Institute of Politics & Economics, BMCC Rd, Deccan Gymkhana, Pune, Maharashtra, 411004. The envelop

should be superscribed with “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 January 31, 2014 at the following

address:

For Mumbai Admissions :

Ms. Namitha Poman, National Stock Exchange of India Ltd., SBU-Education Dept., Exchange Plaza, Bandra

Kurla Complex, Bandra (East), Mumbai – 400051.

For Pune Admissions :

Dr. Siva Reddy, The Gokhale Institute of Politics & Economics, BMCC Rd, Deccan Gymkhana, Pune,

Maharashtra, 411004.

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For Further information :

Gokhale Institute of Politics and Economics

Contact person :

� Mumbai – Mr. Niteen Ghodke Ph. 9769807191

[email protected]

Ms. Suvarna Kulkarni Ph.9321776689

� Pune - Dr. Siva Reddy, Ph. 9545118639

[email protected]

Email: [email protected]

National Stock Exchange

Contact persons: Ms. Namitha Poman / Ms. Vineeta Sawant

Phone : 9769583023/022-26598100 (Boardline) -23069/23084/23075 (Ext)

Email : [email protected]/ [email protected]