Financial Markets Foundation Qualification (FMFQ)



FMFQ - Livestreamed format
Live sessions: November 2,3 and 9, 10, 11
Times: 10:00h-13:30h CET | 09:00h-12:30h GMT

FMFQ - Online format
Start date: 1 September

OVERVIEW
COURSE SYLLABUS
COURSE DETAILS
TEST YOUR KNOWLEDGE
The Financial Markets Foundation Qualification (FMFQ) is an introductory level programme intended for anyone entering a career in the financial markets.

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.


Sample Module

Click here to access a full sample module.


Course Outcomes

By completing this course you will be able to:
  • The key players in the financial markets including issuers, investors and intermediaries
  • The interaction between cash and derivative markets
  • The key features of both equity and debt products
  • The structure of the FX market

Who should study the programme?


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.

The names of successful candidates will be included in our list of certificate holders.

Course Trainer

Gail Rolland


The syllabus is divided into the following key topic areas:

1. Overview of the Financial Markets
1.1 Background to the capital markets
1.2 Key Players
1.3 Trade Flow

2. FX
2.1 Introduction to the Foreign Exchange Markets
2.2 Spot FX
2.3 Cross Rates
2.4 Forward FX

3. Debt
3.1 Basic Principles of Debt Products
3.2 Money Markets
3.3 Long-term Debt

4. Equities
4.1 Core Features of Equity Products
4.2 Issuance and Trading Practice
4.3 Equity Valuation

5. Derivatives
5.1 Basics of the Derivatives Market
5.2 Forwards
5.3 Futures
5.4 Options

Assessment
The exam consists of 50 multiple choice questions of which candidates must answer a minimum of 30 questions correctly, with a score of 45 or more earning a distinction.

If you’re taking the classroom-based course, end-of-day review sessions are held at the end of the first two days and prior to the exam on day three to prepare for the exam and assist candidates with the course content.

If you’re taking the online course you have six months in which to study the material, book and complete an online, fully invigilated exam.

Online Course


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 courses start on the 1st of each month.
Start: 1 September

Start: 1 October




Online course fees

The following special introductory price will be available until 1 October 2020:
  • ICMA Members: EUR 950 + VAT (if applicable)
  • Non Members: EUR 1,300 + VAT (if applicable)

Self-study online course fees as of 1 October:
  • ICMA Members: EUR 1,150 + VAT (if applicable)
  • Non-members: EUR 1,650 + VAT (if applicable)


Costs include full access to the online campus, associated learning materials and the examination fee. Please note that payment for online courses must be received before the start of the course.

As an indicative guide, we would recommend a total of 90 study hours is required to go through the material. Please note this is an approximate guide only.



Livestreamed Course


Learning in a digital environment has a number of advantages and is growing in popularity as a medium of instruction. 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.

November 2,3 and 9, 10, 11
10.00-13.30 CET | 09.00-12.30 GMT




Livestreamed course fees


ICMA Members: EUR 1,650 + VAT (if applicable)
Non Members: EUR 2,050 + VAT (if applicable)

For security reasons, delegates who have not registered in advance will not be admitted to the live sessions.



Contact

Should you have any queries, please contact education@icmagroup.org.


Test your knowledge

Asset management
Insurance
Investment banking
Retail banking
The expression of a currency against EUR
The expression of a currency against GBP
The expression of a currency against gold
The expression of a currency against USD
Auction market
Order-driven market
The Third market
The Fourth Market
Securities raise funds for issuers
Securities are easily tradable
Securities commit borrowers to making regular payments
Securities promise to repay the debt on a given date
Credit risk
Trading risk
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