Uncertainties created by recent events such as Brexit, aggressive monetary policies, potential policy changes by the new Trump administration has led to increased volatilities in the global financial markets. 

 

The need to manage risk exposures has never been more challenging but the turbulent markets also open up many opportunities. Financial market professionals with good knowledge and competencies will be well-placed to bring values to the bank and/or their institutional clients.

 

Designed for new entrants who aspire to take on front and middle office roles, the ACI-SMU Financial Markets Certificate (IBF Level 1) course aims to deepen their understanding and competencies in global markets. The course has been revamped to map to all competencies under the revised IBF Standards: Financial Markets (IBF Level 1).

 

The course comprises of two modules. Module 1: Building Blocks looks at market practices of various financial instruments. Module 2: Trading & Treasury Sales drills down on the practical aspects in different functions and activities across the financial markets value chain. Participants may choose to sign up for the full program or by modules. 

 

Participants who successfully complete Module 1 & 2, and pass all the assessments (including the FMRP), will be conferred the IBF Qualified (IBFQ) certification by The Institute of Banking & Finance (IBF). 

 

Takeaways

  •  Gain an overview of the global financial markets

  •  Understand the regulatory framework for financial markets activities

  •  Interpret the influence of macro-economic factors on financial markets

  •  Distinguish the characteristics and applications of different financial markets instruments

  •  Outline the role of investment banks in capital markets activities

  •  Differentiate trading and treasury sales functions and activities

  •  Identify trading and market-marketing opportunities

  •  Structure treasury solutions to meet clients’ needs

  •  Complete the documentation, clearing and settlement of financial trades

  •  Know the importance of risk and asset-liability management for financial institutions

 

Who Should Attend

  • Past participants of the ACI-SMU Financial Markets Certificate (2009-2016) seeking to attain IBF “Qualified” certification for Financial Markets (IBF Level 1)

  • New hires in front, middle and back office functions of financial markets

  • Analyst, associates in trading, institutional sales, product structuring, asset and liability management, product control, risk management and operations

  • IT professionals involved in the design, implementation, maintenance and enhancement of financial markets operation systems

  • Aspiring individuals who are keen to pursue a career in financial markets activities

Topics

Module 1: Building Blocks (IBF Level 1)

(10, 17, 24 Mar, 7, 14, 24 Apr '18)

  • Overview of Financial Markets 

  • Money Market & STIR Futures

  • Bond Basics

  • Foreign Exchange (FX)

  • Foreign Exchange Derivatives

  • Interest Rate Derivatives

 

Module 2: Trading & Treasury Sales (IBF Level 1) 

  • Trading & Market Making

  • Marketing Treasury Products

  • Deal Processing & Documentation

  • Financial Markets Regulatory Framework

  • Risk Management

  • Asset Liability Management (ALM)

  • Financial Markets Ethics & Code of Conduct

 

For detailed curriculum, please download brochure.

Assessment & Certification

Participants will take a written assessment at the end of each module. Participants who pass all assessments, including the Financial Markets Regulatory Practice (FMRP) examination (CU1 & CU2) administered by IBF, will be awarded the ACI-SMU Financial Markets Certificate (IBF Level1), and be conferred the IBF Qualified (IBFQ) certification status.

 

* Participants who attained the ACI-SMU Financial Markets Certificate between the period of 2009 – 2016, who seek to achieve IBFQ certification, may enroll directly to Module 2. Participants must pass all assessments, including a direct assessment for CU11 and the FMRP for CU1&2, to be IBF Certified.

 

A financial practitioner with IBFQ certification is equipped with broad-based capabilities and foundational competencies to undertake new roles. Find out more about IBF Certification and its benefits at: https://www.ibf.org.sg/certification/Pages/Overview.aspx

Type of Course

Classroom

Category

Finance, Financial IT and Risk Management

Credit Units

 

Instructional Methods and Expectations

Lectures, Discussions, Exercises

Fees


Module 1
SGD $3,850 (excluding GST)
SGD $1,155 (net of 70% IBF-STS funding, excluding GST)

Module 2
SGD $3,150 (excluding GST)
SGD $945 (net of 70% IBF-STS funding, excluding GST) 

 
IBF-STS Funding
IBF-STS Funding of 70% is available to eligible institutions and qualified individuals subject to a cap of S$7,000 per participant per programme. Singapore Citizens aged 40 years old and above are eligible for 90% co-funding of direct training costs, subject to the existing grant caps. For terms and conditions, please click here: https://www.ibf.org.sg/programmes/Pages/IBF-STS.aspx

 

SkillsFuture Credit
Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture Credit (up to S$500) to defray part of the course fee. Please click User Guide on how to submit your claim. SkillsFuture Credit claims may be submitted by logging in via MySkillsFuture.sg.


Union Training Assistance Program (UTAP)
NTUC members are eligible for UTAP funding at 50% of the unfunded course fee capped at $250 every year. For application, terms and conditions, please click here.

Prerequisites

Participant should possess a degree, diploma or prior working experience in financial services

Course Dates

*Module 2: 13 Jan - 3 Mar 2018 (for participants who have completed the FMC program in 2009-2016 or Module 1) 


Module 1: 10 Mar - 21 Apr 2018

Module 2: Jun 2018


Lessons are held on Saturdays from 9am – 4pm

Programme Policies

Please click here for the programme policies, terms and conditions.

 

Our panel of trainers has an average of 16 years’ experience in financial markets front, middle and back office functions. They held senior positions in banks such as DBS Bank, HSBC, Citibank, ING, Bank of Tokyo Mitsubishi and Deutsche Bank. Trainers have deep experience in institutional sales, trading and risk management, product control and operations, working with local and/or overseas global markets.