Executive Education courses

ICMA Executive Education is a joint partnership between the International Capital Market Association and the ICMA Centre, Henley Business School, University of Reading

Executive Education courses

The combination of almost four decades of market experience and academic expertise gives ICMA Executive Education a unique advantage in the provision of quality training and education for the financial markets. ICMA Executive Education courses are internationally recognised and are required training by many of ICMA’s member firms. The programmes are benchmark qualifications for both the front office and operations areas of the business and combine the best of both market and academic practice. They are designed to be interactive and equip participants with practical skills they can use in their day-to-day jobs.

ICMA Executive Education is unique in that ICMA and the ICMA Centre, Henley Business School, University of Reading work together to deliver training courses, taught by current and former financial markets practitioners, which blend practical and academic know-how, so that candidates have a thorough understanding of the topics being discussed.

The courses attract an international client base and are also an opportunity to network with counterparts from a whole host of financial institutions. Delegates who benefit from our courses work in the top tier investment banks, stock exchanges, law firms and regulatory bodies.

benefitsThe benefits of attending ICMA’s Executive Education courses include:

• Almost40yearsexperienceoffrontandbackofficetraining,drivenbytheneedsofthefinancialmarkets• Market-widerecognitionandapproval• Coursetutorsareleadingexpertsintheirfields• Newspecialistcoursesaddedonaregularbasis• In-housetrainingcanbetailoredtoeachfirm’sindividualneeds• HighlydiscountedratesforICMAmemberfirms• Two diplomas available in Securities & Derivatives and Financial Market Operations• UniquescholarshipprogrammeavailabletoICMAmemberfirms• Several of our courses are available to study online

internationally recognised qualifications for the

financial market

Executive Education courses

Level I: introductory programmesFinancial Markets Foundation Course (FMFC)*Anintroductoryqualificationintendedforanyoneenteringintoacareerinthefinancialmarkets.Thecourseprovidesanin-depthoverviewofthedebt,equity,FXandderivativemarkets.

Securities Operations Foundation Course (SOFC)*Providesnewentrantstotheoperationalsideofthesecuritiesindustrywithathoroughknowledgeofthelifecycleofasecuritiestransactionandanunderstandingofthevariousprocessesthatresultinatransactionbeingsettledandthesecuritieseithergoingintoorbeingtakenoutofcustody.

Introduction to Fixed Income (IFI)Thisprogrammeprovidestheessentialknowledgeandskillsrequiredtoworkinthefixedincomemarket.Candidateswillcovereverythingfromthefunctionofthemarkettobondtradingstrategies,equippingthemwiththerequisitetoolstoaddvaluetotheircompany.

Introduction to Primary Markets (IPM)TheIPMprogrammeisaimedatcandidateswhoarenewtoorigination,syndicationandtransactionmanagement.Emphasisisplacedonusingtheknowledgegainedinpractical,reallifesituationsthatoccurintheprimarymarkets.

Level II: intermediate programmesFixed Income Certificate (FIC)*Thebenchmarkqualificationforthefixedincomemarket,theFICputsemphasisondevelopingpracticalskillsfortrading,investmentandriskmanagement.Aproven,internationallyrecognisedstandardofcompetence,theFICisademanding,examinedcourseaimedatdevelopingabroadandin-depthknowledgeofthekeyfixedincomeinstruments,derivativesandmarkets.

*Thesecoursesareavailabletostudyonline

Operations Certificate Programme (OCP)Aqualificationthatplacesstrongemphasisondevelopingpracticalskillsbasedonathoroughunderstandingofthemainoperationalprocessesforcashmarketssecurities(equities,bondsandhybridsecurities).Itisveryvaluableforthosewhomanageoperationaldepartmentsandneedtohaveabroadandin-depthunderstandingoftheoperationsareaasawhole.

Primary Market Certificate (PMC)ThePMCexaminestheentirelifecycleofbondissuance,fromconsideringthefinancingchoicesthroughtotheclosingoftransactionsinthemarketplace.Whilethecourseexaminesthetheoreticalprinciplesunderpinningthemarketsandtheinstrumentsandfinancingtechniquesthatareavailable,emphasisisplacedoninterpretingandusingthatknowledgeinpracticalcasestudies.

Level III: specialist programmesSpecialist coursesThe programme subjects include:

• An Introduction to Securitisation

• Capital Market Overview of Islamic Finance & Sukuk

• CollateralManagement

• Commodities - An Introduction

• Commodities-TradingandInvestmentStrategies

• Corporate Actions - An Introduction

• CorporateActions-OperationalChallenges

• CreditDefaultSwaps(CDS)-Operations

• CreditDefaultSwaps(CDS)-Pricing,Applications & Features

• FixedIncomePortfolioManagement

• ICMAGuidetoBestPracticeintheEuropeanRepo Market

• Inflation-linkedBondsandStructures

• SecuritiesLending&Borrowing

• TradingandHedgingShort-TermInterest Rate Risk

• TradingtheYieldCurvewithInterestRateDerivatives

internationally recognised qualifications for the

financial market

International Capital Market Association Limited23CollegeHill,London EC4R 2RPUnitedKingdomTel:+44(0)2072130310Fax:+44(0)2072130311Email:education@icmagroup.orgwww.icmagroup.org

ICMAandtheUniversityofReadingworktogetheras“ICMAExecutiveEducation”underanoperatingagreement.Coveringtechnicalproduct/marketsandoperations,theprofessionalqualificationsandtrainingprogrammesaredeliveredinmajorfinancialcentresaimedatmarketpractitionersinthefinancialmarkets.

Programme RecognitionTheFixedIncomeCertificate(FIC)andOperationsCertificateProgramme(OCP)arebothincludedontheUK’sFinancialSkillsPartnership(FSP)qualificationslist:theFixedIncomeCertificatefor‘Advisingonsecuritiesinthewholesalemarketplace’and‘Advisingonderivativesinthewholesalemarketplace’andtheOCPforthe‘Operations’area.

CandidatesstudyingthesecoursesalsoqualifyforcredithoursundertheguidelinesoftheCFAInstitute’s‘ContinuingEducationProgramme’.

ICMA CentreTheICMACentre,UniversityofReadinghasan internationalreputationforprovidingquality teachingprogrammestailoredtothecapitalmarkets industry.Establishedin1991withfundingprovided bytheInternationalCapitalMarketAssociation (ICMA),theCentreishousedinapurpose-built modernistbuildingwithstate-of-the-artfacilities includingtwodealingrooms.In2008,ICMAenabled anexpansiontothebuildingthatnowincludes anadditional50seatdealingroom,170seat lecturetheatreaswellasnewseminarroomsanda dedicatedresearcharea.

The International Capital Market AssociationTheInternationalCapitalMarketAssociation(ICMA)representsfinancialinstitutionsandotherparticipantsintheinternationalcapitalmarketworldwidewithsome500membersin60countries.ICMA’smarketconventionsandstandardshavebeenthepillarsoftheinternationaldebtmarketforcloseto50years,providingtheframeworkforgoodmarketpracticewhichfacilitatestheorderlyfunctioningofthemarket.ICMAactivelypromotestheefficiencyandcosteffectivenessofthecapitalmarketsbybringingtogethermarketparticipantsincludingregulatoryauthoritiesandgovernments.

Diplomas ICMAExecutiveEducationofferscandidatesthe opportunitytoachievearecognisedfinancial marketsdiplomabycompletingcoursesina definedpathway.

Relevanttoallfinancialmarketpractitioners, theICMAExecutiveEducationDiplomasprovide candidateswithup-to-dateandpractical knowledgetoadvancetheircareer.

Candidateswhosuccessfullycompletetherequiredcourseswillreceivethe:

• Diploma in Securities and Derivatives; or • Diploma in Financial Market Operations

ScholarshipsICMA Executive Education offers a unique scholarshipprogrammetoICMAmemberfirms, allowingtheiremployeestoparticipateinour rangeofleadingfinancialmarketqualifications atahighlyreducedcost.Aimedatcandidates undertheageof25,thisprogrammewillequip thecapitalmarket’sfutureleaderswiththe knowledgeandqualificationstheyneedtoreach theirpotential.

contactForfulldetailsregardinganyofourcoursespleasevisit www.icmagroup.org/education

Tel: +44 (0)20 7213 0338 E-mail: education@icmagroup.org