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.
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
Expenses
Delegates who sign up to online courses will have access for 6 months to enable them to take advantage of the additional online resources, discussion boards and other functions of our new digital learning platform.
Online course fees
ICMA Members: EUR 950 (VAT not applicable)
Non-members: EUR 1,200 (VAT not applicable)
Costs include full access to the online campus, associated learning materials and the examination fee.
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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...