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.
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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
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.
The exam consists of 50 multiple choice questions which candidates have two hours to complete. In order to pass, candidates must answer a minimum of 30 questions correctly, with a score of 45 or more earning a distinction.
This course has been accredited by the CPD® Certification Service and approved by the Securities & Futures Commission of Hong Kong for Continuous Professional Training (CPT).
ICMA recommends that 24 learning hours can be associated with this course, based on attended/undertaken hours of study required to successfully complete the learning outcomes.
The course is certified by ICMA and the ICMA Centre, Henley Business School, University of Reading. A Certificate of Attainment will be awarded to those who successfully pass the final exam of this course – see Assessment section for more details.
Please note that your course certificate of attendance or completion should be sufficient to satisfy any professional development requirements – if you require further evidence, please contact us at email@example.com.
ICMA Members: EUR 950 + VAT (if applicable)
Non-members: EUR 1,200 + VAT (if applicable)
The syllabus is divided into the following key topic areas:
1. Overview of the Financial Markets
1.2 Key Players
1.3 Trade Flow
2.1 Introduction to the Foreign Exchange Markets
2.2 Spot FX
2.3 Cross Rates
2.4 Forward FX
3.1 Basic Principles of Debt Products
3.2 Money Markets
3.3 Long-term Debt
4.1 Core Features of Equity Products
4.2 Issuance and Trading Practice
4.3 Equity Valuation
5.1 Basics of the Derivatives Market
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 at the beginning of each month – please note that payment must be received BEFORE access to these courses are provided.
Online course fees
Self-study online course fees:
- ICMA Members: EUR 950 + VAT (if applicable)
- Non-members: EUR 1,200 + VAT (if applicable)
- Payment for online courses must be received before the start of the course.
- All payments must be made in Euro.
As an indicative guide, we would recommend a total of 24 study hours is required to go through the material. Please note this is an approximate guide only.
Should you have any queries, please contact firstname.lastname@example.org.