NCFM

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HI, 

can any one here done NCFM Modules then pls. tell me what is its scope.

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Even i am curious of doing it. Tell me if it is of any help and where will people doing this course be recruited.

visit this link......... n u'll get the answers

 /forum/enquiry-about-the-ncfm-exams-75635.asp

saba, i also want to know the job prospectus of these modules 

 Job in capital markets is best suited to people from commerce and economics background. However anyone from any stream of study can enter into this field. The minimum qualification is a NSE's Certification in Financial Markets (NCFM). National Stock Exchange (NSE) has a facility for testing and certification by launching NSE's Certification in Financial Markets (NCFM). NCFM is an online testing system, a revolutionary concept in administration of examinations and the only one of its kind today in the country. It has been specified by SEBI that all brokers/dealers in the stock market have to mandatorily obtain the NCFM certification. SEBI has made mandatory for any entity / person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from AMFI. This certification remains valid for 5 years from the date of the test.

Graduates having the AMFI certification can work as Business Development Managers / Relationship Managers / Advisors for the marketing and distribution of the mutual fund schemes. Relationship Managers / Advisors assist investors in their financial planning by recommending them ideal investment portfolio and build a customer relation. Likewise graduates having NCFM certification can work as an assistant to stock broker or become an independent stock broker. Graduates also can choose to be agent/advisor/distributors and sell various schemes launched by mutual funds. Besides highly qualified professionals from Commerce, Economics, Finance, Mathematics and Management background are required as Fund Manager or Portfolio Manager who decides about the investment of the fund's underlying securities (money received from investors for investment), realizing capital gains or losses, and collects the dividend or interest income. There are also wide job opportunities in capital markets for Chartered Accountants, MBA Finance, Financial Analysts, Economics Masters, and Statistics Masters. Besides people with deeper knowledge in the working of capital markets can choose consultancy as a good option.


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