CSE INSTITUTE OF CAPITAL MARKET
CSE Institute of Capital Market, Education & Training Wing of Cochin Stock
Exchange, set up to impart education and training in the field of Securities
Market, conducts courses relevant to the Capital Market and the Financial
Sector including intensive regular courses and short term courses. We also
have the infrastructure and the facility to guide students undertaking
projects related to the Capital Market and Financial Sector.
NCFM – National Stock Exchange’s Certification on Financial Market
Module 1: Capital Market (Dealers) Module:- Trading –Systems &
methodology order & trade management, Clearing & Settlement – settlement
process, securities & fund settlement , risk management, back office operations,
Trading Membership – eligibility criteria, broker-sub broker-client relationship,
Legal Framework – Acts, Rules & Regulations governing capital markets,
Overview of the Indian Securities Market – markets segment, products &
participants, Fundamental Valuation Concepts – statistical concepts,
understanding financial statements.
Module 2: Derivatives Market (Dealers) Module – Introduction to Derivatives,
Market Index, Introduction of Futures and options, Pricing Futures, Using Futures
on Individual Securities, Pricing Options, Using Index Options, Using Stock
Options, Trading, Clearing & Settlement, Regulatory Framework.
Module 3: NSDL Depository Operations Module: Account Opening,
Transmission & Nominations, Demat, Trading & Settlement, pledge and
Hypothecation, Stock Lending & Borrowing, Corporate Actions, Public Issue,
Debt instruments and Govt. Securities.
Module
4: Commodities as per syllabus
BCFM - BSE’s Certification on Financial Market
Module 1. Securities Market (BCSM) : Trading, Clearing & Settlement, Trading
Membership, BSE induces, Regulating Frame work etc.)
Module 2. Central Depository (BCCD)
Module 3. Derivatives (BCDE)
(Fee: Rs.2500 Excluding Exam.Fees)
SHORT TERM COURSES:
Sl
No
1
Courses
BASIC COURSE ON STOCK MARKET (I DAY)
Free
Primary Market-Book Buildings-IPO—Secondary Market-Clearing &
Settlement-Depositors—Demerilsation.
2
ADVANCED COURSE ON STOCK MARKET (4 DAYS)
Rolling Settlement—Mutual funds-Surveillance—inspection of brokers’
books—code of conduct of brokers and sub brokers—Investor Grievance
–introduction of Derivative and Debt markets.
3
BASIC PROGRAM ON DERIVATIVES (10 DAYS)
Nature of financial derivatives including futures and options—Principles of
trading and Hedging with index Futures, Index Options—Stock Future
and Stock Options—Risk management system—Margin and Producers—
Regulatory Frame work
4
5
6
TECHNICAL ANALYSIS (3 DAYS)
Concepts—Support Resistance –Chart Type—Dow Theory—Patterns—
Candle Sticks-Moving Average—Oscillators—Elliot Wave theoryAnglicizing and Designing a trading frame work-Trading Psychology.
FUNDAMENTAL ANALYSIS (5 DAYS)Industry and Company Analysis—
Interpretation of Financial Statements-Ratio Analysis—Interpretation of
Cash Flow Statements—Fund Flow Statements –Economic Value added
and Market Value added—Time Value of Money Valuation Equity and
Market Dynamics.
MUTUAL FUNDS (5 DAYS)
Regulatory Frame Work—Portfolio Management-NAV Pricing –ValuationAccounting & Taxation – Financial Planning –SIP- Model Portfolio—
Product Mix—Investment Philosophy—Risk management—MarketingDistribution –Investor Services and AMFI code of Conduct.
7
DAY TRADING (5 DAYS)
Objectives –What is day trading—What is the need of day trading—
Specific Features—preliminary steps in day trading—Difference between
day trading and speculations---Basic Principle of day trading—
Developments of day traders
8
EQUITY ANALYSIS (10 DAYS)
Economic Analysis—Industry Analysis—Company Analysis measuring
Earnings, Forecasting Earning, applied Valuation—Technical Analysis—
Portfolio Analysis—Portfolio Selection—Capital Market Theory—
Managed portfolios –performance measurements
Certification Course on Capital Market
Students joining the one year Certification Course will also appear for two NCFM
Examinations.
CMCC SYLLABUS
1. NCFM - Capital Market Dealer Module – Trading – systems & methodology, order &
trade management, Clearing & Settlement – settlement process, securitites & fund
settlement, risk management, back office operations, Trading Membership – eligibility
criteria, broker – sub broker – client relationship, Legal Framework – Acts, Rules &
Regulations governing capital markets, Overview of the Indian Securities Market –
markets segment, products & participants, Fundamental Valuation Concepts –
statistical concepts, understanding financial statements.
2. NCFM - Derivatives Market - Introduction to derivatives, Derivative products,
Econimic function of the derivative market, Participants and functions,Trading
mechanism, Market Index, Types of indexes, Applications of index, Introduction to
futures and options, Applications of futures and options - Hedging, Speculation,
Arbitrage, Trading – Futures and options trading system, Entities in the trading system,
Basis of trading, Corporate hierarchy, Order
types and conditions, The trader
workstation, Basket trading,
Futures and options market instruments, Contract
specifications, Clearing & settlement - Clearing mechanism, Settlement mechanism,
Risk management, Regulatory framework – Regulation for derivatives trading, position
limits, Reporting of client margin, Accounting for futures, Accounting for equity index
options and equity stock options, Taxation of derivatives transaction in securities.
3. NCFM - Depository - Overview of capital market, Overview – NSDL, Business partners
of
NSDL, NSDL application software, Service standard, Benefits and safety, NSDL
charge structure, Account opening, ransmission and Nomination, Dematerialisation, Trading and
Settlement, Pledge and hypothecation, Stock Lending and Borrowing, Corporate Actions, Public
Issues, Debt Instrument and Government Securities,
4 Equity analysis - Economic Analysis, Industry Analysis, Company Analysis-Measuring,
Earnings, Company Analysis -Forecasting Earnings, Company Analysis-Applied Valuations,
Technical Analysis, Efficient -market theory, Portfolio Analysis, Portfolio selection, Capital market
Theory, Managed portfolios and Performance measurements.
5. Back office - Books of accounts, Records & documents, Integrated Financial
accounting solutions for traders, Practical training.
6. Tax implications
income,ServiceTax.
-
Income tax act 1961, Definitions, Basic of charges, Heads of
7. Day trading - Objectives, What is day trading, What is the need of day Trading, Eligibility
criteria for trading training, Specific features, Preliminary steps in day trading, Difference
between day trading & speculations, Characteristics of day trading, Basic principle of day
trading, Developments of day traders.
8.General Economics - Transition of Indian economy :Concepts of Economy, Capitalism Socialism-mixed economy - protected economy, Indian economy - preindependence,
demographic problems, Social & religious problems,trends in national income, industrialisation,
liberalization, globalization. Consumerism, competition. Growth period: The inevitable growth
process, industry, agriculture, Infrastructure, GDP, NNP, GNP. Budget: Policy implementation,
fiscal discipline, borrowing, Interest inflation, balance of payment, foreign exchange, export/import
balance taxes and duties. Financial Institution: RBI, Banks, Financial institutions, capital
market, FDI, FII, acquisitions and merges. Investments: Public sector, Private sector, rural
sector, management need for investments.
9. SEBI Regulations. Regulatory Frame work, SEBI Act, SCR Act, Stock Broker Regulations,
Sub-Broker Regulations, DIP Guidelines. Securities contract act, The depository act, The
companies act.
10. Commodities. Physical settlement, Warehousing, Quality of underlying assets, Forward
contracts, Introduction of futures, Introduction of options, Basic payoffs, Pay off for futures, Pay
off for options, Pricing commodity futures, Hedging, Speculation, Arbitrage.
11. Mutual Funds: The concept & role of Mutual funds, History of Mutual funds in India,
Types of Mutual funds, Fund structure & constituents, The offer document, The key information
memorandum, Selecting the right investments products for investors, Comparison of investments
products, Measuring of risk in Mutual funds, Recommending model portfolio & selecting the right
funds.
12. Insurance: Purpose & need of insurance, Role of insurance in the development of the
economy, Fundamental principal of life insurance, Traditional products, Insurance documents,
Underwriting, Claims, Procedure for becoming an agent.
13 Technical Analysis
14 Derivatives Strategies
Duration: One year with 6 months practical training.