Module 1: Derivatives Market Introduction and Fundamentals

•  What is Derivatives Market?
•  What Are the Types of Derivatives
•  Derivatives and Equity Market
•  Evolution of Derivatives Market
•  Indian Derivatives Market
•  Significance of Derivatives
•  Risk in Derivatives Market

Module 2: Quantitative Fundamentals

•  What is Beta?
•  What is R-Square?
•  How to do continuous compounding?
•  What is a normal distribution?
•  What is share prices lognormal distribution?

Module 3: Derivatives Market Volatility

•  Historical Volatility (?)
•  ARCH Model
•  Exponentially Weighted Moving Average (EWMA)
•  GARCH Model
•  Implied Volatility

Module 4: Introduction to Forwards

•  Contracts
•  Selection Criteria
•  Stock Selection Criteria
•  Criteria for Continued Eligibility of Stock
•  Criteria for Re-inclusion of Excluded Stocks
•  Index Selection Criteria
•  Price Steps and Price Bands for Contracts
•  Quantity Freeze for Futures Contracts
•  Novation
•  Margins Daily Mark-to-Market Settlement
•  Final Settlement
•  Cost of Carry
•  Determining Stock Futures Price (without Dividend)
•  Determining Stock Futures Price (with Dividend)
•  Determining Index Futures Price (without Dividend)
•  Determining Index Futures Price (with Dividend)
•  Cash & Carry Arbitrage
•  Reverse Cash & Carry Arbitrage
•  Convergence of Spot & Futures
•  Contango & Backwardation
•  Cost of Carry – Commodities

Module 5: Understanding Index

•  Introduction to Index
•  Significance and economic purpose of Index
•  Types of Indices
•  Attributes of an Index and concept of impact cost
•  Index management
•  Major Indices in India
•  Applications of Index

Module 6: Introduction to Options and Trading Stratgies

•  Basics of options
•  Payoff Charts for Options
•  Basics of options pricing and option Greeks
•  Fundamentals of options pricing
•  Overview of Binomial and Black-Scholes option pricing models
•  Basics of Option Greeks
•  Uses of Options
•  Option spreads and their payoff charts
•  Straddle: market view and payoff charts
•  Strangle: market view and payoff charts
•  Covered Call: market view and payoff charts
•  Protective Put: market view and payoff charts
•  Collar: market view and payoff charts
•  Butterfly spread: market view and payoff charts

Module 7: Introduction to Clearing and Settlement system

•  Clearing Members, their role and eligibility norms
•  Clearing Mechanism and computation of open positions
•  Settlement Mechanism for stock and index futures and options
•  Understanding margining and mark to market under SPAN
•  Risk Management features and position limits

Module 8: Regulatory Frame Work

•  Objective of Regulation
•  Regulation of Exchanges
•  Eligibility for derivative trading
•  Regulatory control on contracts
•  Risk Management at Clearing
•  Different aspects of risks
•  Market Manipulation

Module 9: Accounting of Derivatives

•  Accounting of Futures and Options contracts
•  Taxation of Derivative transaction in securities

Who Can Take Derivative Market Module?

Aspirants who complete the Derivative Market course will develop a skill that helps you land your dream job in the primary and secondary market. Jobs that are ideal for Derivative Market professionals include:

•  Derivative Market beginners can take the course to build a lucrative career in financial services.
•  Teachers, investors, and anybody interest to work in Indian stock market operations can join the Derivative Market module to enhance learning.
•  Stock brokers, sub-brokers, and stock analyst those looking to open new career opportunities can take the course.
•  BPO / ITES professionals who want to design and implement mathematical models for fundamental valuation of securities.

Career Opportunity

After completing Derivative Market module one can pursue his/her career in Indian and International broking houses, Banks, Asset Management Company, Hedge funds, PE funds, NBFC, KPO’s and credit rating Agency on various positions and in different departments.

You can become Equity Analyst & Stock Analyst and you become fit for various other posts in various other verticals depending on your overall Qualifications

Admission Criteria and Eligibility:

•  The candidate should Minimum 12th (Senior Secondary) pass from any reorganization Board/institutions. We always recommend the candidate should pass at least bachelor degree so that it will be the bit easier to provide placements. Graduate students get job placement on the direct payroll in big companies, and 12th students will get placement in small companies or in sub-brokers office.
•  *placement guarantee refers to (After getting NISM and NISM Certification of all 10 modules covered in adv. diploma course).
•  All original documents-10th,12th graduation, other professional degree certification and mark sheets must be submitted as a self-attested copy/copies at the branch at the time of admission and originals must be shown to the center In Charge, failing which admission may be cancelled.
•  95% attendance is must during the program in each module opted by the student.
•  Remarks /Recommendation of faculty and center Head will be taken in the record after each class.
•  Your certification depends on your Attendance, class assessment, projects, internal exams, NSE exams, Practical classes, Projects and Viva.
•  The decision of Center in Charge and center Head will be final.