When you are trying to get your hands-on financial markets trading, you should have a strong understanding about financial markets operations. This is where you need to seek the assistance of a reliable course. The course will share all the details that you need to success. This is where you may think about following the course offered by ICMA. It is a diploma course in Financial Market Operations, where you can learn the basics of financial market operations, and how to get the most out of it.
What Is the Diploma in Financial Markets Operations All About?
This program examines the securities trade lifecycle from an operational standpoint, providing deep insights into the area at the functional heart of every capital market organization. The syllabus of the program has been created for applicants to enhance their understanding of operations pertaining to equities and debt securities, as well as OTC derivatives, and is based on the benchmark ICMA course in operations, the Operations Certificate Programme. The transaction lifecycle, repos, securities lending and borrowing, corporate actions, collateral management, and EMIR-compliant centrally cleared and non-centrally cleared trades are among the topics discussed.
This is the certification for financial market operations professionals, consisting of four sections – a foundation, advanced, and two specialty level courses – and covering everything from recognizing the basic components of the securities trading life cycle to structural features of OTC derivatives.
What can you learn from the ICMA Diploma in Financial Markets Operations?
As you try to learn the ICMA Diploma in Financial Markets Operations, you need to be aware of what to expect out of it. That’s because the knowledge offered out of this course should match with your expectations. Then you can get the most out of the course.
The ICMA Diploma in Financial Markets Operations will help you to understand how bonds and equities are taken into the marketplace. Even if you don’t have a slight understanding about them, it will be possible to enhance your knowledge with what is shared on this course. This is the main reason on why the course is recommended for absolute beginners.
As you follow the ICMA Diploma in Financial Markets Operations, you can discover and understand the roles of major participants in the securities market. You will also be able to learn the role played by each and every one of them as well. Likewise, you can get to know about the key components of the securities trading life cycle as well.
Another useful topic shared out of the ICMA Diploma in Financial Markets Operations course is that it will help you to locate the basics of trade management without a struggle. For example, you can learn about securities lending and securities borrowing transactions, repo, corporate actions, and many more. This understanding can benefit you a lot.
As you continue to follow the course, you can understand the processing stages that are required to maintain proper control. On top of that, you can understand how to mitigate the processing risks. This includes learning how to maintain both internal risks as well as external risks. Likewise, you can also figure out the mandatory external regulations, as it is related to the centralized clearing of the OTC derivatives.
How can you obtain the ICMA Diploma in Financial Markets Operations?
ICMA degrees are specifically designed to provide capital market professionals with the technical knowledge they need to thrive in their positions and improve their careers. They provide organized, yet flexible, learning programs for people at various stages of their employment. The diplomas are endorsed by the trade association at the core of the debt capital markets, which sets the norm for many aspects of market activity, including primary market issuance, secondary market trading, repo and collateral, and sustainable financing.
The ICMA diploma consists of three or four courses that must all be completed within two years. To get an ICMA diploma, you must satisfy the following requirements:
One or two foundation courses — depending on your career stage, you may choose to begin with the Financial Market Foundation Qualification to learn about different asset classes, then go on to the Securities Operations Foundation Qualification to understand more about the securities transaction lifecycle. Those with greater experience, on the other hand, may not be required to take a foundation course at all. It’s worth noting that all foundation courses are graded, and you must pass the exam(s) before moving on to the next level.
One advanced course – to get a diploma, you must finish our flagship course for financial markets operations, the Operations Certificate Programme, and pass the test.
One or two specialist level courses – a regular diploma will usually contain two specialized courses, however if you’ve finished two foundation courses, you may just need to attend one specialty course.
Who Can Take Part in The Course?
People who work in operations and back-office jobs in a bank or fund management firm, as well as those in the middle office, collateral management, and compliance sectors, will benefit from the diploma. Financial IT service businesses, exchanges, data providers, and central securities depositories are among the other possible profiles.
Should You Follow the ICMA Diploma?
ICMA course is open to anybody interested in working in the financial sector. This is a brand-new course from NIFM. You will be able to find work in the equity, futures, derivatives, options, commodity, and currency markets, operations, risk management in the broking industry, investment advisor, technical analysis, fundamental analysis, and research analyst in financial institutions, mutual funds, and banks after completing this course. This is a short-term course that comes with a 100% job guarantee in the financial sector.
Nowadays, the financial market offers a plethora of options to both new and seasoned investors. The stock market, advising companies, PMS, brokerage houses, wealth advisory, and other industries have produced a lot of demand. For practitioners working in wholesale securities markets, the Diploma in Capital Markets is a prominent professional finance certification. If you are interested, you can start following it.
