IFM Brochure

how to succeed in the volatile financial markets ITM Institute of Financial Markets offers specialized programs for professionals pursuing or advancing a global career in the finance industry.

A Section 25 not-for-profit organization

ITM Institute of Financial Markets PROGRAM PROSPECTUS

ITM INSTITUTE OF FINANCIAL MARKETS

MISSION

1 “To lead the way in business innovation by providing excellence and leadership, nurturing talent & advancing knowledge. To provide industry relevant management education, research, training & consultancy. Inter alia to provide educational opportunities for economically disadvantaged by providing financial assistance and free education to mould them into contributing citizens of this world.” Dr. P. V. Ramana Founder and Chairman

www.itm.ac.in/ifm

To gain from the rich practical experience and knowledge of the Professionals and Practitioners from the various segments of the industry, the Institute constituted an Advisory Committee of senior professionals fro the markets. Dr. P.V. Ramana

Chairman

Prof. K. S. Murthy

Director, ITM Institute of Financial Markets

Dr. A. Rama Mohan Rao

MD, UTI Securities, Mumbai

Mr. B. Narasimhan

CEO, MCS Ltd., Mumbai

Mr. Cyrus Khambata

Sr. V. P. Central Depositories Services Ltd., Mumbai

Mrs. Dina Mehta

President, Investors Protection Forum, Mumbai

Mr. Jayadev

Professor, Indian Institute of Management, Lucknow

Mr. K. Ramesha

Professor, NIBM, Pune

Dr. A. Lahari

Dean, Centre for Corporate Training and Research, Navi Mumbai

Dr. M. G. Korgaonker

Director General NICMAR, Pune and Chair Professor, Sailesh Mehta Business School of Management, III, Mumbai

Mr. M. R. Mayya

Former Executive Director, Bombay Stock Exchange

Mr. Mahesh Thakkar

Executive Director, Association of Leasing & Financial services Director General, FIDC, Mumbai

Mr. Prakash Gaba

Technical Analyst and Consultant Mumbai

Mr. Salim Andrew

Chief Economist, Commodiy Exchange, Mumbai

Mr. T. R. Ramaswami

CEO, Association of Merchant Bankers of India Ltd., Mumbai

Mr. V. H. Pandya

Former Sr. ED, SEBI Mumbai

DISTINGUISHED VISITORS Name

Organization

Area of Specialization

Mr. Sundarraraman

Vice President, NSE

Development & Regulation, Challenges & Opportunities in Derivatives Market in India.

Mr. S.T. Garella

CEO, Satco Securities

Indian Capital Markets - Past - Present - Future

Mr. V.R. Narsimhan

Senior Vice President NSDL

Indian Depository System

Mr. B. Narsimhan

Whole Time Director

Depository System: MCS Ltd., Significant Issues

Mr. Prakash Gaba

Technical Analyst

Technical Analysis

Prof. Brian Scott-Quinn

Chairman ICMA Centre University of Reading UK

Financial Markets, Types and Structures

Prof. John Board

Director, ICMA Centre University of Reading UK

Derivatives and New Instruments

Mr. David Millar

Chief Operating Officer Professional Risk Managers’ Industry Association (PRMIA), USA

Operational Risk

Mr. Nick Bannister

Senior Vice President & MD International Affairs and Services National Association of Securities Dealers (NASD) FINRA

Regulations and Compliance

Dr. Madhu Kalimpalli

Associate Professor (Finance) Director, Financial Services Research Centre, Wilfrid Laurier University, Waterloo.

Volatility of Stock Markets in India

Mr. Janki Ballabh

Chairman- UTI Trustee Company of UTI Mutual Fund Former Chairman, State Bank of India

Developments in Capital Raising in India

Prof. Krishnamurthy Subramanian

Asst. Professor of Finance, EMORY Univesity, USA

Corporate Finance

Mr. Shailesh Haribhakti

Managing Director & CEO Haribhakti Group

Takeover code and issues associated with it.

ITM INSTITUTE OF FINANCIAL MARKETS

ADVISORY COMMITTEE

ITM INSTITUTE OF FINANCIAL MARKETS

ITM - IFM CAMPUS

3 As the global environment of financial markets becomes more complex, the knowledge demand placed on professionals, operators, brokers, traders, employees of the banking or insurance industries, including compliance professionals makes it imperative to know the products and markets and the mathematics that explain it. As new markets open up internationally, they must understand all of this from a complex global perspective. ITM Institute of Financial Markets (ITM-IFM) was established with this very purpose in mind to train the next generation of Indian and International capital markets professionals and to provide access to the latest knowledge and tools in use globally. The Institute offers a range of educational programs catering to the needs of fresh students as well as experienced professionals in the broad field of finance, Capital Markets, Insurance and Risk Management . Situated right in the heart of one of Mumbai's most modern business districts- the Vashi Infotech Park, the ITM Institute of Financial Markets is at home in the most visually stunning business towers of Navi Mumbai - the BSEL Tech Park. It's central location offers easy access to a wide range of transit facilities, including Vashi Railway Station and the Mumbai-Pune expressway. The mega township of Vashi offers a wide array of entertainment, dining shopping and recreation activities. South Mumbai is a half hour away, offering unprecedented access to the business and lifestyle of one of Asia's biggest cities. ITM IFM programs are conducted in our spacious, well-appointed classrooms and conference suites, fully equipped for modern pedagogical methods, in Kharghar, Navi Mumbai, with extensive utilisation of our modern, Business Simulation Lab and training facility at Vashi.

www.itm.ac.in/ifm

The Institute has collaborated with leading institutions and companies in the field, to develop its academic offerings and deliver the latest technological tools in use by the industry.

Southern New Hampshire University, USA Established in 1932, SNHU is accredited by the Association of Collegiate Business Schools and Prgorams (ACBCP) and the State of New Hampshire. A leader in high-level executive education, the University offers in-house management programs at some of the largest companies and US Government agencies such as HP Compaq, NASC, US NAVY etc. Since 1991, Institute for Technology and Management has collaborated with SNHU to offer joint-degree programs, exchange students and to enhance mutual academic standards. ICMA Centre, The University of Reading, UK The ICMA Centre was founded at the University of Reading in 1991 to provide postgraduate degrees in Securities, Investment and Banking, and academic oversight of the ICMA’s professional education programs. In 1998, the ICMA funded a new purpose-designed building to allow a major expansion in student numbers and to be the first to integrate a dealing room into its teaching and learning. It became the largest specialist provider of university-level securities market education in Europe. In 2005, ICMA increased its total donation to the university to over 10 million when it agreed to fund an expansion of the existing building and its facilities. The ICMA Centre is part of the University’s Business School, which is ranked #4 out of 100 UK universities in this field in the most recent UK Government Research Assessment Exercise (RAE) Financial Industry Regulatory Authority (FINRA) NASD is the leading private-sector provider of financial regulatory services in U.S., dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services. Established in 1938, NASD has long served as the primary self-regulator of the U.S. Securities industry. NASD by the U.S. Securities and Exchange Commission (SEC) and, under national law, virtually every broker-dealer in the U.S. that conducts securities business with the public must be a member of this private, not-for-profit organisation. FINRA International, a department of FINRA headquartered in London, leverages NASD’s nearly 70 years of experience as a regulator to offer consultancy and advisory services; education and training; regulatory technology; and dispute resolution programs. These the experience and expertise gained from NASD International’s work in both developed and developing markets. ITM Institute of Financial Markets has collaborated with ICMA Centre, University of Reading and FINRA International to offer the “Certificate in Capital Markets, Regulation and Compliance” Program in India. NSE.IT NSE.IT is an end-to-end Information Technology services & solutions organisation with expertise in a wide range of business applications including high-end mission critical applications requiring real-time processing speeds. NSE,IT is promoted by NSE. NSE.IT specialises in providing complete Information Technology solutions to Stock Exchanges, Clearing Corporations, Brokerage Firms and other organisations in Financial sector. One of its major clients is National Stock Exchange of India which is the world’s third largest stock exchange, in terms of transaciton volumes, after NASDAQ & NYSE. ITM-IFM has collaborated with NSE.IT in the development of the ITM Business Simulation Lab a securities dealing and financial studies laboratory, through the installation of NSE.IT solutions. The very same software platform, in use by the National Stock Exchange of India and its participants has been provided for use in the lab. Spider Software Pvt. Ltd. A globally renowned developer of software and tools for financial market analysis and research, Spider Software Pvt. Ltd. Develops real-time and historical, technical and fundamental analysis software that is use by a majority of capital market participants worldwide. By providing access to its software and data-streams is a key component of the ITM Business Simulation Lab. Spider’s IRIS Realtime Technical Analysis and Ace Market Analysis Software is extensively used in training participants in the methodologies of Fundamental & Technical Analysis. Financial Planning Standards Board (FPSB) ITM - IFM has tied up with the (FPSB) for promoting financial planning through the CFPCM certification program. ITM-IFM is an approved education provider of FPSB, which is a nonprofit association that manages, develops and operates certification, education and related programs for financial planning organizations so that they may benefit and protect the global community by establishing, upholding and promoting worldwide professional standards in personal financial planning. FPSB’s commitment to excellence is represented by the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER. The Securities & Investment Institute (SII) The largest and most widely respected professional body for those who work in the securities and investment industry. SII is the principal provider of relevant vocational qualifications for professionals in the Financial services industry. ITM - Institute of Financial Markets, is an accredited training provider of The Securities and Investment Institute(SII) which offers various certification programs for finance professionals focusing mainly in investment, securities & other aspects of finance. Professional Risk Managers' International Association (PRMIA) The PRMIA Institute is a non-profit educational institution formed to promote the scientific, educational and charitable work of the Professional Risk Managers' International Association (PRMIA). Through partnerships with leading universities and faculty, the PRMIA Institute provides educational resources from the cradle to the pinnacle for the risk management career. The PRMIA Institute is setting a higher standard in Risk education.

ITM INSTITUTE OF FINANCIAL MARKETS

GLOBAL COLLABORATIONS

ITM INSTITUTE OF FINANCIAL MARKETS

COMPREHENSIVE RESOURCES ITM has an enviable record of maintaining a 1:30 student-library book ratio. It houses 50,000 books, over 250 journals and subscribes to 45 specialized journals in different functional areas. Besides, ITM is an institutional member of British Council Library and BMA Library and takes benefits of several institutional libraries on need basis. ITM-IFM students have full access to the ITM Library. The Business Simulation Lab at Vashi has a specialist Finance Library. Students can access a whole universe of information through our two most prized research resources: EBSCO, the world's largest online archive of over 2000 business and management journals, news and research; and the Harvard Business Review Online, a comprehensive archive of full-text articles/research papers from the Harvard School of Business. Also available is the CMIE database of Indian Industry.

Cutting - edge Technology

° Fully WiFi enabled Campus ° Dealing Room (Business Simulation Lab) with 30 workstations ° NSE.IT provided XS Trade and NEAT ixs software simulating both Exchange Operation, Clearing and Administration as well as virtual trading ° Reuters India live feed of Market data ° Two 32” LCD TV’s and One 42” plasma for display of data & news INSTITUTE ° A suite of classrooms, conference facilities & break out rooms, fully equipped with A/V facilities and modern teaching aids.

OF FINANCIAL MARKETS

Student Activities Board of Students The "Board of Students" of the Institute organizes seminars, workshops, contests and discussions on issues related to the world of finance. Prominent members of financial community come regularly to address the club members. Tourism Club An organized body creating opportunities for the tomorrow's professionals to sharpen up their knowledge and skills through quizzes, lectures, seminars, educational and cultural tours, trekking and fetes. Cultural Club An outlet for the creative students to channelize their energy to extra-curricular activities leading towards Self Development. Personal Development / Growth Lab PD is a continuous process and is accomplished through mentoring, counseling, conducting special programs on etiquettes, soft skills, negotiation skills, presentation skills growth lab etc., by faculty mentors, dedicated faculty and trainers from Industry. In the fourth and fifth term, intensive, compulsory modules related to personality development with a special focus on placement will be organized by trained faculty.

www.itm.ac.in/ifm

6

What makes the Financial Markets program unique is the live Business Simulation Lab (Securities Dealing Room) that forms the center-piece of this program. This Business Simulation Lab gives our students the ability to hone their trading and analytical skills in a realistic market environment, using the very same software and tools that are in use at modern dealing rooms the world over. Inspired by stalwart institutions such as the International Capital Markets Association (ICMA) Center at University of Reading and the New York Institute of Finance, the ITM Institute of Financial Markets seeks to provide education and training at a level that has never before been attempted in India. The first academic offering from this effort is the Masters in Financial Markets: This program has been developed in collaboration with a range of industry experts and such companies as the National Stock Exchange, Reuters India and Spider Software. The program objective is to educate and train students in the operations of modern financial markets, with a focus on equities, derivatives, forex and commodities markets, in the Indian and international context. Business Simulation Lab is the first of its kind in India, and the 6th in the world, for training Program Participants in a real-time, live market environment simulation. The Lab provides hands-on, real-world training in Securities, Derivatives, Commodities and Foreign Exchange Trading. This setup features actual exchange software from NSE.iT, live data feeds from Reuters India and the Industry-standard in analysis and charting tools from Spider Software. The lab is in IT Park Area at Vashi, Navi Mumbai. The main campus is in Kharghar, Navi Mumbai.

ITM INSTITUTE OF FINANCIAL MARKETS

SIMULATING REAL-WORLD BUSINESS

ITM INSTITUTE OF FINANCIAL MARKETS

BUSINESS SIMULATION LAB - FEATURES n XSTRADE:The Exchange Administration Software platform of the National Stock Exchange (NSE), installed by NSE.iT, their technology subsidiary n NEATixs:The trading workstation software platform used by NSE traders n Live data feeds of Equities, Derivatives, Futures and Options create real-time market conditions from Ticker Plant & Spider Software. n Online Technical Analysis and Charting: World standard software installed by Spider Software (Pvt) Ltd. n Real-time news and analysis data streams from Capital Line. n Live market news and updates via CNBC, Bloomberg TV etc.

Trading Workstation Features

n The latest Intel architecture Pentium 4 (HT) processors with expanded system memory and high bandwidth graphics engine. n Dual Screen display setup on twin flat-panel LCD monitors, with single operator control. One Screen displays the online trading interface and the other displays technical analysis data, charts and data-streams. n Access to a wide range of industry research through the Harvard Business Review Archive and the EBSCO Journal database as well as high-end dedicated data server, loaded with over 10 years of "tick-by-tick" market data, allowing for realistic simulations of historical markets Instructor workstation with ability to supervise the trading activity, set risk and exposure parameters etc. n High-speed dedicated Internet access through a “wireless leased line” connected to all terminals through a closed LAN Subnet. n Wide-screen plasma and LCD television screens to display market news and updates.

www.itm.ac.in/ifm

8

The assessment of students' performance is continuous. This is based on class participation, home assignments, case analysis and presentations, quizzes, mid-term exam and final (term end) exam. The faculty members give the scheme of assessment to the students in the beginning of the term. On the basis of over all performance in each subject the students are given quality points / grades as follows: Marks Secured (in percentage) 70 & above 60 - 69 55 - 59 50 - 54 Less than 50

Quality Points 4 3 2.5 2 0

Grade A B C D F

Minimum Expected Performance and Program Completion Requirements

To clear a subject successfully a student must secure "D" or a better grade in that subject. To complete the program successfully a student must secure” D” or a better grade in all subjects including Summer Project and Internship. Fs are given either due to failure in exams or due to poor attendance. If a student fails to write an exam for medical or some other genuine reasons Director / Academic Coordinator Masters in Financial Markets (MFM) on a case-to-case basis, can allow the student to re-write exam. In addition to getting “D” or a better grade in all subjects the students must also complete the summer project and Internship successfully as described earlier. In summer project as well as Internship too the students must get “D” or a better grade.

Attendance

All the students are required to attend minimum 90% of the lectures conducted for every subject. Any absence from classes is permitted only with a prior permission of the concerned faculty. If a student does not complete the minimum attendance requirement due to health / medical problem or any such reason justified to the faculty, his / her attendance shortage may be condoned. However in no case attendance should be less than 75%. ITM IFM from time to time shall offer its students advantages of Loyalty Programs of companies supplying useful goods and services, such as cell phone plans, media, Internet service providers, restaurants and recreation firms, clothing brands, travel operators, credit cards etc. In addition a students' health and accident insurance shall be offered for a period of eighteen months to all candidates. A Doctor- on-Call or Resident Doctor has been appointed for students' health related matters.

ITM INSTITUTE OF FINANCIAL MARKETS

ASSESSMENT & GRADING SYSTEM

ITM INSTITUTE OF FINANCIAL MARKETS

PLACEMENTS ITM Institute of Financial Markets strives to provide an efficient, professional and productive environment for both visiting companies and ITM students in their efforts to find the perfect Person-Position Fit. The Placements Cell offers a broad range of expertise, services, programs and resources to assist students with their career development and job searches. Concurrently, we enjoy the dynamic relationships with our recruiting "partners" - the hundreds of organizations across the country that work with us. The Placements Team is fully equipped to handle presentations, Pre-placement talks, Group Discussions and all types of Interview sessions. Our facilities include well equipped, air-conditioned seminar halls and conference rooms wired for audio, video and internet, in addition to dedicated interview cabins. Laptop computers, LCD projectors and Over Head Projectors are also available on demand. In addition, our dedicated Placements staff handles the entire process and all paperwork related to on-campus recruitment activity. The placement Center provides the following services: 1. Maintenance of Employer's Data Bank

2.Regular Contacts with the Existing / Prospective Employers 3. Help in Resume Preparation

4. Arranging Company Visits to Campus 5. Alumni Networking

ITM IFM has achieved 100% placement since inception. 2008 placement records Highest CTC - Rs. 10.8 lakhs p.a. Average CTC - Rs. 4.00 lakhs p.a.

List of our recent recruiters Adventity Angel Broking ARM Research Pvt. Ltd. Bank of Punjab Citifinancial CNBC Awaaz CRISIL Ltd. DE Shaw Edelweiss Capital Ltd. Epitome Evalurserve First Global HDFC Bank Ltd. ICICI Bank Ltd. ICICI Pru Asset Mgmt. IDBI Bank Ltd. India Infoline India Bulls Securities Ltd.

Indiastock Securities ING Vysya Bank Ltd. Jain Investments JM Morgan Khandwala Securities Ltd. Kotak Insurance Kotak Securities MF Global Motilal Oswal Motwani Group Northbridge Capital Reliance Money SBI Caps Share Khan Standard Chartered Bank Total Securities Transparent Value Unicorn

www.itm.ac.in/ifm

Flap for program insert ITM INSTITUTE OF FINANCIAL MARKETS

ITM Institute of Financial Markets

7th Floor, B-Wing, BSEL Tech Park, Vashi, Navi Mumbai - 400 705

A Section 25 not-for-profit organization

Tel: 022 27811278, 65134300, 65135002 www.itm.ac.in/ifm