Course description
The Financial Markets Foundation Qualification (FMFQ) is an introductory level programme intended for anyone entering a career in the financial markets. It introduces participants to the main features of the capital markets and explores how and why they are used. The course also looks at a range of financial products incl. debt, equity, FX and derivatives and consider their uses.
The programme is intended to provide ‘breadth of knowledge’ to make it relevant to people pursuing careers in the front office, middle office and operations areas. The syllabus content places an even emphasis on introducing and explaining the key concepts of each subject area to develop candidates’ practical knowledge and skill sets.
Upcoming start dates
Suitability - Who should attend?
The qualification is relevant to a wide range of job functions and areas; anyone who would benefit from an understanding of financial markets, participants and products – and how they all come together. Candidates 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 syllabus does not assume any prior study or work experience other than a general knowledge of mathematics such as basic algebra and statistics.
Outcome / Qualification etc.
By completing this course you will be able to:
- Recognise the key players in the financial markets including issuers, investors and intermediaries
- Be cognisant of the interaction between cash and derivative markets
- Identify the key features of both equity and debt products
- Recognise the structure of the FX market
Training Course Content
1. Overview of the Financial Markets
- Background to the capital markets
- Key Players
- Trade Flow
2. FX
- Introduction to the Foreign Exchange Markets
- Spot FX
- Cross Rates
- Forward FX
3. Debt
- Basic Principles of Debt Products
- Money Markets
- Long-term Debt
4. Equities
- Core Features of Equity Products
- Issuance and Trading Practice
- Equity Valuation
5. Derivatives
- Basics of the Derivatives Market
- Forwards
- Futures
- Options
Course delivery details
Livestreamed Course
ICMA courses are delivered via video conferencing accessed on our digital learning platform, using the most effective pedagogical approaches and incorporating interactive functions like virtual breakout rooms.
The FMFQ live sessions are delivered over the course of five 3.5 hour sessions over the course of two weeks. You will be given access to the course materials before the live sessions, and will have access to those for a total of six months. During these six months you will have the option to keep working through the course materials at your own pace. Please note to ensure you book and take the exam within these six months.
Expenses
Livestreamed course fees
- ICMA Members: EUR 2,300 + VAT (if applicable)
- Non Members: EUR 2,950 + VAT (if applicable)
Request info
International Capital Market Association
For close to 50 years, ICMA’s educational offering has played a major part in its mission to raise standards in the international capital market. Our courses are designed and delivered by industry professionals for industry professionals. The offering comprises a...