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Financial Markets Foundation Course (FMFC)
 
The Financial Markets Foundation Course (FMFC) is a first level (introductory) qualification intended for anyone entering into a career in the financial markets. It does not assume any prior study or work experience other than a general knowledge of mathematics such as basic algebra and statistics. For those without that quantitative background, pre-course reading with a further bibliography is provided to allow candidates to acquire that knowledge directly.

The training program is intended to provide ‘breadth of knowledge’ to make it relevant to people pursuing careers in the front office, middle office and operations areas. Although not a formal pre-requisite for any other ICMA training course, it would provide useful background study for those taking the following ICMA intermediate courses, in particular:

  • The International Fixed Income and Derivatives (IFID) Certificate Programme.
  • The Operations Certificate Programme (OCP)
  • The Primary Market Certificate (PMC)
The Certificate places an even emphasis on introducing and explaining the key concepts of each subject area and then developing practical knowledge and skills of each area. This reflects the fact that it is both introductory, requiring the introduction and explanation of key concepts, but also intended for market practitioners requiring applied thinking.


Target Audience

The FMFC is intended to be relevant to a wide range of job functions and areas; anyone who would benefit from an understanding of markets, participants and products – and how they all come together.

Candidates will come from organisations involved in both the sell-side and buy-side of the industry plus insurance, accounting, IT firms supporting the industry and the financial press.

The course is open to ICMA Members and non-members.



 


Course Content and Format

The FMFC syllabus is organised around three broad subject areas with a final review session to consolidate the learning ahead of the exam:

I. Overview of Financial Markets and Participants: Explore the nature of savings and flow of funds in an economy and the principle participants and their motivations.

II. The Main Financial Securities: the focus here is on the understanding the principle asset classes and basic valuation models.

III. Exam Review: the review will relate the content to current events to help put the material in context to what is happening at the time.

Click here to download the detailed FMFC syllabus.

The FMFC certificate is a two and one half day taught course with pre-course reading for those who wish to review algebra and statistics. It is delivered in ten sessions with two additional 60 minute review sessions at the end of days one and two. On the afternoon of the third day candidates sit the exam, which is comprised of 50 multiple choice questions.




 

Details of the next seminars

LuxembourgIFBL - L‘Institut De Formation Bancaire Luxembourg
23-25 September 2013

  

Centre de formation Chambre de Commerce/IFBL
7, rue Alcide de Gasperi
L-1615 Luxembourg

This is an ICMA Executive Education course hosted by IFBL – L‘Institut De Formation Bancaire Luxembourg’. Based at the Chamber of Commerce, IFBL is Luxembourg’s leading financial training institute offering a broad range of training courses, qualifications, conferences and e-learning programmes for financial institutions.
LondonICE Education
6-8 November 2013

  

ICE Education
5th Floor Milton Gate
60 Chiswell Street
London EC1Y 4SA
United Kingdom

Based at ICE Education London offices: IntercontinentalExchange® (NYSE: ICE), is a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets.

 

Cost

Luxembourg Course*
The cost of the Luxembourg FMFC is €1,875.00 + 3% VAT for ICMA Members and €2,450.00 + 3% VAT for non-members.
The following discount scale is offered:
2-4 candidates – 5% discount each*
5+ candidates – 10% discount each*

London Course*
The cost of the London FMFC is £1,875.00 for ICMA Members and £2,450.00 for non-members with the same discount scale as above.


*Please note that discounts are applied by way of a refund to the organisation when registration has closed and the final number of candidates from the firm has been determined.

Payment can be made by secure online credit card or by invoice. Please note that selecting the invoice method will add £50 (administration fee) to the course price.

*Please note that if you require accommodation for the course in either London or Luxembourg, this will be your own responsibility; the programme is class-based, but it is a non-residential course.

Should you have any queries about the seminars please contact David Senior on +44 20 7213 0329 or e-mail: education@icmagroup.org




 

FMFC certificate holders

The names of the successful candidates from previous examinations are included in our list of certificate holders.



Mikkel S. Lyngbye


Organisation: ALOC A/S
Job title: Senior Sales Executive

Describe what you do on a day to day basis in your job:
Business Development Manager within the financial sector;
Employed at a ‘FinTech’ company, which provides software solutions to the Capital Markets industry;
Responsible for several of our major accounts, as well as establishing new business relations.

Reasons for taking the course:

Partly to get a certificate on my current knowledge, but also to be able to expand more rapidly in the future.

Benefits of taking this course:
Good programme, great teacher.  New contacts and updated know-how a great benefit.






 

 
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ICMA Executive Education

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