NCDEX Institute of Commodity Markets and Research
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NCDEX Institute of Commodity Markets and Research

Programme coverage
  • Basics of Commodity Markets
  • Pricing of futures
  • Basic principles of trading
  • Fundamental approach to price analysis of commodities
  • Technical approach to price analysis of commodities
  • Trading strategies
  • Functioning and regulation of exchanges
  • Process flow of a transaction on the exchange
  • Underlying markets in commodities
  • Exchange-traded Forward contracts
SYLLABUS STRUCTURE

This is a self-study course based on two-volume textbook specially written and published by NICR.
  • Volume 1 Introduction to Commodity Derivatives

  • This will introduce the learner to commodity markets and commodity derivatives, besides key concepts that form the base of commodity trading.

  • Volume 2 Commodity Price Analysis & Exchange Trading Strategies

  • This will focus on commodity price analysis and trading strategies on the exchange.
ASSESSMENT STRUCTURE

There are model questions at the end of every chapter for self-assessment before proceeding to the next chapter.

The final examination will be a computer-based two-hour test consisting of 90 multiple-choice questions.

We are delighted to have joined forces with the globally accredited publishing house Pearson VUE to deliver our Certification course. You can take the test at any one of the more than 250 Pearson VUE centres located across the country.

About Course Test Administrator- Pearson VUE

Pearson VUE (www.pearsonvue.com) is the global leader in computer-based testing for high-stakes certification and licensure exams in the healthcare, finance, information technology, academic and admissions markets. They offer a full suite of services to develop, manage, deliver and grow test programmes for over 450 clients via the world's most comprehensive network of highly secure test centres in 180 countries, and through online solutions. Pearson VUE owns Certiport, the global leader in foundational IT certification solutions, and is a business of the world's leading learning company Pearson (NYSE: PSO; LSE: PSON).

Course Content

The following educational resources are provided to help you gain greater insight into futures and commodity markets. Resources include a short introductory textbook, a more in-depth textbook on advanced trading topics, and a glossary of trading terminology.

Book 1. Introduction to Commodity Derivatives
  1. Understanding Commodity Markets
  2. Understanding Derivatives
  3. Global Commodity Exchange
  4. Pricing of Futures
  5. Basic Principles of Hedging , Speculation and Arbitrage
Book 2. Commodity Price Analysis & Exchange Trading Strategies
  1. Price Analysis of Commodities- Fundamental approach
  2. Price Analysis of Commodities-Technical approach
  3. Speculation & Arbitrage strategies
  4. Hedging Strategies
  5. Functioning and Regulation of Exchange
  6. Exchange transactions
  7. Settlement
  8. The underlying Market in Agricultural commodities
  9. The underlying Market in Non-Agricultural Commodities
Instructional Method:

Self study. Study materials will be provided by NICR .

If a group of students or Candidates numbering more than 25, wish to have a class room teaching for the course, the same can be arranged by NICR on mutually agreeable terms. To avail this facility please mail to headeducation.nicr@ncdex.com

Assessment structure

Students are required to complete the course and schedule for the Test within six months from the date of payment of the course fee. Taking the exam is easy.

Visit the Pearson VUE website to choose a convenient test centre.

Book a time slot for taking the test, subject to availability.

The test will consist of 90 multiple-choice questions to be answered in 120 minutes

There will be a 10-minute tutorial before the test to make you familiar with the process.

To pass the examination, you will need to correctly answer at least 50% of the questions.

There will be no negative marking for wrong answers

Immediately after you complete the test, you can collect your score Sheet from the Test Center Manager.

Successful candidates will be issued a Certificate by NICR, which will be valid for three years from the date of the examination.

Those who fail to clear the exam will have to register again as a fresh candidate.

Course fee structure

Fee for the Certification course is Rs. 3300 (Rupees Three Thousand Three Hundred only), plus applicable taxes.

This fee covers:
  1. Course registration fees
  2. Course study materials consisting of two text books that will be couriered to the student
  3. User ID and password to access the tutorial provided by Pearson VUE
  4. Scheduling online exam for a single attempt at a Pearson Test Center of choice, subject to seat availability
  5. Course Administration, Help Desk access over e-mail
  6. A physical certificate under the authorized signatory of NICR
  7. Immediately after completion of Exam, availability of Score report, from the Test Center Manager
This fee does not cover anything other than those listed above. Specifically, it does not cover:
  • Internet access charges, except for taking the final test at a Pearson Test Center
  • Provision of PC for free Tutorial on the website of Pearson VUE
  • Any coaching for the Certification Course.
Fees once paid, will not be refunded under any circumstances.

Concession

Any Educational Institution which sponsors bulk applications of minimum 20 candidates from their Institute at one instance, will be eligible for a concessional course fee of Rs.3000/+ Applicable Taxes per candidate. To avail this facility, please mail to headeducation.nicr@ncdex.com with list of candidates and their email IDs.
NCDEX Institute of Commodity Markets and Research