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  • 7/30/2019 PGED Prospectus

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    PGED - FM

    POST GRADUATE EXECUTIVE DIPLOMA IN

    FINANCIAL MARKETS2013

    (One Year Weekend Programme for Working Professionals)

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    Vision

    To establish the Institute as a centre par excellence for courses and research in financia

    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 financia

    education for the benefit of industry, society, students and other stakeholders.

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    Contents:

    1. About GIPE

    2. About NSE

    3. From the Directors Desk

    4 From Managements Desk

    5. The Financial Industry

    6. Course Overview

    7. Salient Features

    8. Course Structure

    9. Pedagogy

    10. Industry Exposure

    11. Career Options

    12. Eligibility Criteria And Selection Process

    13. Information For Prospective Students

    14. How To Apply

    15. Programme Fees

    16. Application Form

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    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 Hil

    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. Gandh

    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

    NSE

    NSE is the worlds 3rd largest stock exchange and no. 1 stock exchange in India. NSE hasbrought about unparalleled transparency, speed, efficiency, safety and market integrity. NSE hastaken a number of initiatives in India to promote financial market education, financial literacyand 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 inMaharashtra through Maharashtra Knowledge Corporation Limited, Pune. A number ofuniversities such as GGS Indraprastha University, New Delhi, Punjabi University, Patiala, MDUniversity, Rohtak, Bharti Vidyapeeth, Pune have launched MBA and BBA in Financial Markets inacademic collaboration with NSE to provide vertical mobility in financial market to the schoostudents. 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 itskind today in the country. It is virtually a bench mark in financial market industry and manyemployers rely upon NCFM modules passed by the students while considering them foremployment.The National Stock Exchange (NSE) is India's leading stock exchange covering various cities andtowns across the country. NSE was set up by leading institutions to provide a modern, fullyautomated screen-based trading system with national reach. The Exchange has brought aboutunparalleled transparency, speed & efficiency, safety and market integrity. It has set up facilitiesthat 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-artinformation technology to provide an efficient and transparent trading, clearing and settlementmechanism, and has witnessed several innovations in products & services viz. demutualisation ofstock 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 ofclearing corporations to assume counterparty risks, market of debt and derivative instrumentsand intensive use of information technology.

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    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 ofthe programme by a high level Academic Advisory Committee comprising of eminentacademicians and practitioners. Similarly, the oversight of the programme is a continuousprocess and the Academic Advisory Committee regularly monitors the quality and the relevanceof the programme. Experienced and eminent faculty from the institute and industry wouldprovide the necessary dimension to make interactions between faculty and students a rich andrewarding experience.

    I would like to welcome the participants joining this prestigious programme of GIPE, incollaboration with NSE and assure them of the best learning environment.

    Dr. Rajas ParchureDirector, GIPE

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    FROM THE MANAGEMENTS DESK

    Its my pleasure to welcome you to the Post Graduate Executive Diplma in Financial Markets, ajoint collaborative programme by the Gokhale Institute of Politics & Economics (GIPE) and theNational Stock Exchange (NSE). The participants of the programme shall understand the cutting-edge financial market concepts, to applying conceptually sound techniques for obtaining an edgeover competition.

    NSE aims at cultivating a culture of knowledge to help professionals to take informed decisionsrelating to the securities market and has initiated a number of educational initiatives such ascertification programs, training, financial literacy at school level, short term courses at collegelevel etc. to develop of a pool of human resources having right skills and expertise to helpenhance quality intermediation in the financial markets.

    The Financial education has been a key focus area of NSE for many years. The exchange hasconducted hundreds of seminars on financial literacy, to bring more people into the financiamainstream. Post Graduate Executive Diploma in Financial Markets equips the participants with

    comprehensive knowledge and skill enhancement to meet the vibrant demands of the financiasector both at the domestic and at international levels.

    NSE and GIPE brings together the renowned academicians and financial experts associated withmajor corporate houses, business conglomerates and academic institutions. This uniquecombination ensures that students learn comprehensive, state-of-the-art financial thinking andtechniques, practiced in the rapidly growing and diversified Indian markets.

    Ravi NarainManaging Director, NSE

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    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 rapiddevelopment 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.

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    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 trainedprofessionals capable of occupying positions of responsibility in stock exchanges, commodityexchanges, regulatory bodies market intermediaries, banks, mutual funds and assetmanagement companies and other similar entities.

    The uniqueness of the programme lies in its extensive use of market professionals as resourcepersons for the programme. Apart from sound grounding in academic concepts pertaining to thecapital 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, equityderivatives, currency derivatives, commodities and foreign exchange. What has been sought tobe achieved is an ideal blend of useful theoretical knowledge and its application to capitamarkets. Pedagogy for the programme comprises class room teaching, case studies, panediscussions, presentations and visits to national and overseas financial centres.

    The effective delivery of the program requires proper appreciation of applied financial dataanalysis. The institute facilitates the participants towards application of Information Technologyin various paradigms of IT interfaced learning by designing the curriculum accordingly.

    SALIENT FEATURES:

    Certification PGED-FM is a comprehensive financial markets programme designed jointly bythe Gokhale Institute of Politics & Economics and the National Stock Exchange. The diploma forthe 1 year Post Graduate Programme, weekend format, is awarded by the Gokhale Institute ofPolitics & Economics, a deemed to be University u/s 3 of the UGC Act, in collaboration with theNational 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 curriculumdesigned 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

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    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 tostudents 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 successfu

    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 potentia

    employers.

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    COURSE STRUCTURE

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

    Post Graduate Executive Diploma in Financial Market

    S. No. Paper Name Covered by

    Quadmester 1

    1 Financial Institutions & Markets GIPE

    2 Capital Market Operations NSE

    3 Statistical Techniques for Financial Markets GIPE

    4 Accounting and Taxation for Managers GIPE

    5 Economics for Financial Markets GIPE

    Quadmester 2

    1 Corporate Finance GIPE

    2 Equity Derivative Market Operations NSE

    3 Financial Advisory Services NSE

    4 International Financial Reporting Standards GIPE

    5 Commodities Market Operations NSE

    Quadmester 3

    1 Banking Sector Operations GIPE

    2 Financial Regulations GIPE

    3 Financial Valuation and Modeling NSE

    4 Options Trading Strategies NSE

    5 Fundamental Analysis NSE

    Quadmester 4

    1 Foreign Exchange Management GIPE

    2 Technical Analysis NSE

    3 Mutual Funds & Debt Markets NSE

    4 Wealth Management NSE5 Project Work GIPE/ NSE

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    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 designedby 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 thanone 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 corporatevisits, 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

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    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 anIndian 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 NSEplatform.

    INFORMATION FOR PROSPECTIVE STUDENTS

    Activities Date

    Application process starts October 15, 2012

    Application process close December 23, 2012

    Dates of interviews December 26 - 31, 2012

    Last date for registration January 8, 2013

    1st Installment January 15, 2013

    Session starts January 31, 2013

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    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 ofthe Gokhale Institute of Politics & Economics, payable at Pune, be sent to the National StockExchange 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 : [email protected]

    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 : [email protected]

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    PROGRAMME FEES

    Option I - Lump sum Fees

    S.No. Installment Amount

    1 Registration Amount 10000

    2 Installment-I(payable 15 days before start of

    academic session)

    220000

    Total 230000

    Option II - Installment Plan

    S.No. Installment Amount

    1 Registration Amount 10000

    2 Installment-I(payable 15 days before start of

    academic session)

    115000

    3 Installment-II(payable 15 days before start of III

    quadmester)

    115000

    Total 240000

    Option III - Installment Plan

    S.No. Installment Amount

    1 Registration Amount 10000

    2 Installment-I(payable 15 days before start of

    academic session)

    60000

    3 Installment-II(payable 15 days before start of II

    quadmester)

    60000

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    4 Installment-IIl(payable 15 days before start of III

    quadmester)

    60000

    5 Installment-IV(payable 15 days before start of IV

    quadmester)

    60000

    Total 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.

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    Gokhale Institute of Politics and EconomicsIn Collaboration With

    National Stock Exchange

    INVITES APPLICATION FOR

    Post Graduate Executive Diploma in Financial Markets (2013)

    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

    City: State: Pin Code:

    Passport Size

    Photograph

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    Phone:

    Landline

    Country Code STD Code Number

    MobileEmail :

    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. The envelopshould be superscribed by Application for PGED-FM.

    Enclose :

    1. Copy of birth certificate or school leaving certificate2. Copies of educational qualification certificates

    Registration form duly completed in all respect must reach before December 23, 2012 at the following

    address:

    Ms. Vineeta SawantNational 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 : [email protected],Phone : 9819111072 / 9769583023 / 022-26598216 (Direct)