PG in Global Financial Markets is a 2- year full time autonomous, industry- based program. The course’s curriculum and evaluation mechanism have been designed in consultation with industry professionals, senior market practitioners, and regulatory authorities to ensure that the training provided to enrolled students matches the competencies currently required by the industry.
The course is spread over 4 semesters, with each semester lasting a period of 6 months. During each semester, students are exposed to separate sets of theoretical subjects and practical lab sessions.
The final selection is based on the test score, academic profile and interview (video interview for outstation candidates). The mode of admission is a relevant entrance examination carried out by different universities such as CAT, GMAT, XAT, CMAT, ATMA, SNAP and other State- level examinations. The average tuition fee charged in India for this course ranges between INR 2 Lacs to 10 Lacs.
Successful post graduates of the course are hired in a range of major companies, such as Deloitte, KPMG, PwC, EY and other banks. They are hired in capacities such as Risk Manager and Regulator, Portfolio Manager, Investment Advisor etc. Average starting salary offered to such postgraduates lies generally between INR 8 to 10 Lacs per year, increasing with experience in the field.
PG In Global Financial Markets: Course Highlights
Tabulated below are some of the major highlights of the course.
| Course Level | Post Graduate |
| Duration | 4 years |
| Examination Type | Semester System |
| Eligibility | Graduate in any discipline from a recognized University |
| Admission Process | Based on counselling after clearing Entrance Tests CAT, GMAT, XAT, CMAT, ATMA for different colleges |
| Course Fee | INR 1.5 Lakh p.a. |
| Average Starting salary | INR 5 Lakh to 10 Lakh p.a. |
| Top recruiting companies | Deloitte, KPMG, PwC, EY, Banks |
PG In Global Financial Markets: What is it About?
The course is designed to prepare students in the fundamentals of financial markets, globally, including real-life experience. The students are afforded opportunities to participate in various events organized by the BSE to enrich the learning experience. The curriculum is constantly evolved to ensure that students are taught and certified on the most current practices, and aligned to current market practices and global market-linked certifications.
The certification process carries equal weightage for the term-end examinations and other components like projects, assignments, presentations and industry internships, thus ensuring that the certificates reflect a wholesome evaluation of the learner.
PG In Global Financial Markets, being an autonomous certification program, neither a degree nor diploma, is unrecognized by UGC and AICTE.
This is a highly-specialized course training the enrolled students in financial market skills to make them employable in international financial markets. The PG program offers them exposure to practical market practices along with theoretical preparation for the same. The course involves 14 regulatory certifications in areas of equity, commodities, currency, depository, mutual fund, etc by the Indian, American and Singaporean financial markets. It is a full-time course lasting 11 months with 1,020 hours of intense training.
The course comprises 20 modules. The BSE Institute conducts a written entrance test for admissions usually in March in all the major metros across India.
Given the dearth of formally trained human resource in the BFSI sector, the shortfall of skilled manpower needs to be addressed on a war footing. With its glamorous reputation, high pay and potential for international travel, this sector attracts aspirants of high- profile career. Included in the curriculum are frequent seminars and workshops.
Financial and capital market training is popular amongst institutions in the Indian Securities Market, market participants like government, external agencies, financial institutions and corporates, and enjoys their support in its delivery. Some of these are listed here:
- Aditya Birla Nuvo Ltd.
- Amideep Investment Consultancy
- Amigo Enterprises
- Anand Rathi Share & Stock Brokers Ltd
- Angel Broking
- Antique Stock Broking Ltd.
- Arthveda Fund Management
- Ashok Leyland
- C Mehta Financial services Pvt. Ltd.
- Atlanta Shares Shoppe Ltd.
- Axis Bank
- Bank Muscat
Clients of the GFM services comprise not only leading organizations from the Banking, Financial Services and Insurance sectors in India, but also from various other countries.
Top Institutes Offering PG In Global Financial Markets
Compiled here is a list of the top institutes in India offering the course along with their respective locations, eligibility conditions, admission processes, and fees charged by each.
| Name of Institute | City | Average Annual Fees |
| BSE Institute Limited | Delhi | INR 2.0 Lakh (course) |
| K J Somaiya | Mumbai | INR 1.5 Lakh (course) |
| Bengal Institute of Business Studies | Kolkata | INR 5 Lakh (course) |
| LPU | Punjab | INR 2.0 Lakh (course) |
| IFIM Business School | Bangalore | INR 10 Lakh (course) |
Eligibility for PG In Global Financial Markets
Aspiring graduates with a minimum aggregate score of 50% from a recognized university with a flair for numbers may apply, given that they satisfy the following eligibility criteria:
- Candidates looking for specialization should be preferably from BCA / MCA / BE or engineering background
- Candidates from Engineering / Commerce / Mathematics / Economics background get an edge over the remaining applicants
- Persons with professional qualification and experience are given preference.
- Relaxation is provided to SC/ST candidates and Persons with Disability (PwD).
PG In Global Financial Markets: Admission Process
Duly filled in application forms along with attested photocopies of certificates proving fulfilment of minimum required eligibility, qualification and age.
Candidates aspiring for admission need to download the application form from the website, send the application form, with required attachments, by post.
Thereupon, the brochure is couriered to the candidates.
Selection is based on entrance exams held by the concerned university. The general process involves a pre- screening of candidates based on their:
- Academic Profile (20%),
- Performance in CAT/GMAT/XAT/CMAT/MAT/ATMA or NSE Online Test (50% at least)
- Performance in Personal Interview (30% at least)
Entrance Tests conducted for the course:
The question paper for entrance exams comes in QMR format, designed for testing the student’s aptitude and logical reasoning. These examinations are generally conducted in the month of April. Entrance exams conducted for admission to the course are CAT, MAT, XAT and SNAP.
An online objective- type test is held generally in June. It is not mandatory for those who have already qualified CAT/GMAT/XAT/CMAT/MAT/ATMA. The online test consists of the following sections:
- Verbal Ability (30%),
- Data Interpretation and Logical Reasoning (30%),
- Quantitative Aptitude (30%),
- General Knowledge on Financial Markets (10%)
The online objective test is of a 2- hour duration with negative marking of 0.25 per mark for every incorrect answer.
PG In Global Financial Markets: Lateral Entry
There are a few colleges in India that offer the option of direct lateral entry on the basis of the candidate’ Bachelor’s degree in the subject.
Duration:
The course contains 2 years of course work (divided into 4 semesters) and project work as well.
PG In Global Financial Markets: Career Prospects
The course offers multiple career options in financial markets in the USA, Singapore and India. As per research conducted by Mc Kinsey & Co. for Gujarat International Finance Tec-City, Govt. of Gujarat, the financial sector is likely to create 1, 00, 00,000 plus jobs by 2021. PGP- FM prepares post- graduating students for multiple career options in financial markets comprising capital market, mutual funds, derivative, currency and commodity markets, financial services etc. such postgraduates can go for lucrative career opportunities in investment banking, treasury, research & analytics, wealth management, stock broking, surveillance, compliance, risk management, asset management, financial journalism etc.
Successful postgraduates of the course are offered employment opportunities in the following industries:
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Over the years this program has more than lived up to its expectations by creating job-ready professionals in specializations such as:
- Equity Research
- Fixed Income Dealing
- Treasury Management
- Surveillance
- Index product development
- Business Development
Some of the top recruiters in the industry for successful postgraduates of the discipline are listed here:
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PG In Global Financial Markets: Employment Opportunities and Salary status
Listed here are some of the popular job positions offered to successful postgraduates of the discipline with the corresponding job descriptions and salaries offered.
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| Job Profile | Description | Average Pay Scale |
| Project Manager | Project Managers may work closely with upper management to make sure that the scope and direction of each project is on schedule, as well as co- ordinate with other departments for support. | INR 1,818,560 p.a. |
| Investment Bankers | Investment Bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As), and advising them on unique investment opportunities such as derivatives. | INR 7.8 Lakh per annum |
| Manager- Capital Markets | Capital Markets Strategy Managers lead engagements for global capital markets clients. | INR 12 Lakh per annum |
| Business Analyst | Business Analysis training teaches some of the core skills of business. They develop technical solutions to business problems, advance a company's sales efforts, beginning with defining, analysing and documenting requirements. | INR 8 Lakh per annum |
| Accounting Technicians | Accounting Technicians work in areas of accounts and finance supporting the CA and associate CAs. | INR 1.8 Lakh per annum |
| Manager –Risk and Regulation | Risk Managers advise organizations on any potential risks to the profitability or existence of the company. They identify and assess threats, put plans in place for when things may go wrong and decide how to avoid, reduce or transfer risks. | INR 9.9 Lakh per annum |
| Portfolio Managers | Portfolio Managers work with a team of analysts and researchers, and are ultimately responsible for making the final investment decisions for a fund – or asset-management vehicle. | INR 1,220,838 p.a. |
| Investment Advisors | Investment advisors help their clients plan short and long-term financial goals. These goals may include retirement and education. A financial advisor may provide investment, tax and insurance advice. | INR 3.26 Lakh per annum |
PG In Global Financial Markets: Syllabus and Course Description
Modes of delivery of the course include lectures, seminars and tutorials and allow students the opportunity to take part in lab, project and team work.
All the technical skills taught in the course use examples, practical exercises and projects drawn from the world of business. The focus is on the application of technology to business.
For aspiring candidates’ reference, here is a semester- wise breakup of the course’s syllabus.
| Semester I | Semester II | Semester III | Semester IV |
| Introduction to Financial Markets | Quantitative & statistical concepts | Financial Risk Management | Portfolio Management |
| Banking Operations I | Ethical and professional standard | Fixed Income Securities | Taxation |
| Marketing & Sales (Basics) | Technical Analysis II | Mergers and Acquisition | Financial Planning |
| Soft Skills | Securities Law | Investment Banking | Project Finance |
| Economics | Derivatives | Banking Operations III | Financial Software |
| Financial Accounting & Financial Reporting & Analysis | Advance Excel | Commodities Market | Preparation for regulatory exam |
| Mutual Fund | Corporate Finance | Financial Modelling | Foreign Exchange Market |
| Technical Analysis | Banking Operations II | - | Leadership Development Program |