DICM - Diploma in Commodities Market

Introduction |  Terms and Conditions |  How to Register? |  Rules and regulations for the test |  Reference Material |  Timing |  Contact Details |  Test Center  

Introduction

The economy is growing fast, and so is the commodities sector.

We live in a highly competitive business environment. The market demands competitiveness and puts a premium on the same.

This in turn puts a great deal of emphasis on churning out talented pool of professionals who contribute towards commodities markets. Not a simple task considering the ever-increasing domains of knowledge expertise that one has to keep pace with, not to mention the various new skill-sets required in the modern contemporary work environment. In this perspective, MCX offers a comprehensive Diploma Programme in Commodities Markets (DICM).

The DICM is a 3-month classroom programme with emphasis on the practical aspects of online trading. The aim of the programme is to familiarize the participants with the terminology, concepts, practices and principles of commodities markets. It also covers Fundamental Analysis, Technical Analysis and Risk Management. The programme will be organized regularly at different locations across the nation. The highlight of the programme is hands-on Simulated Trading sessions using the MCX Traders WorkStation (TWS), the online trading platform of the exchange.

  The DICM programme is conducted in 2 modes:

i. Part-time Classroom Training 
ii. Distance Learning

NEW BATCH STARTING ON AUG 27, 2007 - Register Today

Eligibility
Graduates from any stream or Corporate Professionals / Businessmen / Traders or participants with experience in financial markets.

Course Fees
Classroom Mode: Indian citizens Rs 25,000/- plus applicable taxes; NRIs / Foreign nationals US$ 1,500

Distance Learning Mode: Indian citizens Rs 15,000/- plus applicable taxes; NRIs / Foreign nationals US$ 1,100 Processing Fee: Rs. 500/-

Evaluation & Assessment
The training programme would be followed by an online test at the approved test centre. It consists of 100 objective questions carrying equal marks and has to be completed in 180 minutes.

   

Terms and Conditions

Fees for the certification course will be Rs.25,000/- plus applicable taxes, which will be inclusive of the coaching class, test fees, cost of reference material and certification. Fees once paid will not be refunded. Participants need to appear for the online test within 6 months of registration. In case the participant does not appear for the online test within 6 months of registration or wants to reappear for the test for the sake of increasing his/ her grades, he/ she can do so by paying an additional fee of Rs.500/- only. In case of participants reappearing for the test, no additional reference material will be provided The certificate will be issued within 15 days from the date of the test and will be couriered to the address given in the registration form.

   
  How to Register

Participants need to send the completely filled registration form registration form, two colored passport size photographs along with a Demand Draft of Rs.25000/- plus applicable taxes  drawn in favor of ‘FT Knowledge Management Company Ltd.’ payable at Mumbai, to the below mentioned address-

  Address
  Training Department


Foretell Business Solutions Private Limited

# 146, 1st Floor, Gopal Towers, Ramaiah Street
Airport Road, Kodihalli,
Bangalore - 560008
Karnataka, India
Phone 080 25276152/53
Mob: 0 9343732300
Email: dkp@fbspl.com
 

Download the Registration form  

   
  Rules and regulations for the test
  • Participants have to apply for a test time at the designated Test Centre at least seven days in advance
  • Participants are requested to be present at the Test Centre at least 30 minutes prior to the test

  • Participants are required to carry their Admit Card, along with an alternate photo identity proof at the time of test
  • Use of mobile phones is not allowed during the test
  • In case a participant is found using any unfair means during the test, he/she will be expelled. The decision of the MCX official will be final and binding
  • The test consists of 50 objective questions and has to be completed within 90 minutes
  • All questions carry equal marks, the structure of which is as follows
    • Two marks will be awarded to every right answer
    • Half a mark will be deducted for every wrong answer
    • No marks will be awarded for questions not attempted
   
  Program Structure
Session 1

Introductory Session of the DICM Program

Session 2

Introduction to Commodity Markets & Introduction to MCX

Session 3

Compatritive status of Stock and commodities markets

Session 4

Indian & Global Commodity Exchanges

Session 5

Interlinkage of different components in Financial markets

Session 6

Regulatory Issues

Session 7

Introduction to Comodity futures & Options in Commodity futures

Session 8

Trading Strategies using commodity futures- I

Session 9

Trading Strategies using commodity futures- II

Session 10

Trading Strategies using Options- I

Session 11

Trading Strategies using Options-II

Session 12

Trading Mechanism at Commodity Exchanges

Session 13

Risk Management & Surveillance

Session 14

Clearing Settlement & Delivery

Session 15

Compliance in Trading

Session 16

Understanding the TWS- I

Session 17

Understanding the TWS- II

Session 18

CLASS TEST (S1 to S15)

Session 19

Importance of Risk Management in Commodity Trading

Session 20

Setting up of Commodity Desk

Session 21

Technical Analysis-I

Session 22

Technical Analysis-II

Session 23

Technical Analysis-III

Session 24

Banks, Warehousing & Commodity Trading

Session 25

Briefing on the Project Report, FA, Case Study & Simulation + CLASS TEST (S14 to S23)

Session 26

Fundamental Analysis 1 - Gold

Session 27

Case Study Analaysis on Gold

Session 28

Simulation Trading - Gold

Session 29

Fundamental Analysis 2 - Crude Oil

Session 30

Case Study Analaysis on Crude Oil

Session 31

Simulation Trading - Crude Oil

Session 32

Fundamental Analysis 3 - Chana

Session 33

Case Study Analaysis on Chana

Session 34

Simulation Trading - Chana

Session 35

Fundamental Analysis 4 - Refined Soya Oil

Session 36

Case Study Analaysis on Refined Soya Oil

Session 37

Simulation Trading - Refined Soya Oil

Session 38

Project Presentations

Session 39

Project Presentations

Session 40

Accounting & Taxation

   
  Timing
       Days                                                                   Timing
  Weekend Classes - Saturday and Sunday                   9.00 AM - 1.00 PM
   
  Contact Details

Training Department:

Foretell Business Solutions Private Limited
# 146, 1st Floor, Gopal Towers, Ramaiah Street
Airport Road, Kodihalli,
Bangalore - 560008
Karnataka, India
Phone 080 25276152/53
Mob: 0 9343732300
Email: dkp@fbspl.com
 

   
  Test Center

 Test Center Address and Contact Details :

Foretell Business Solutions Private Limited
 # 146,1st Floor, Gopal Towers, Ramaiah Street
 Airport Road, Kodihalli,
 Bangalore - 560008
 Karnataka, India
 Phone 080 25276152/53
 Mob: 0 9343732300
 Email: dkp@fbspl.com