CERTIFICATE IN FIXED INCOME TRADING AND SALES (CFITS)

Unlock the Complex World of Fixed Income Trading with an Internationally Respected Certification

Certificate in Fixed Income Trading and Sales (CFITS)

Prepare For Opportunities in Fixed Income Through an Internationally Recognised Certification

 

Access a sample of the CFITS Course

Why CFITS?

Proven Capabilities

NISM and Moody's Analytics have extensive experience in designing and delivering a broad range of financial market certifications. This program represents global best practices in fixed income tailored to the unique Indian context.

Best Practices in Setting Credentials

This certification programme, jointly offered by NISM and Moody’s Analytics, has been designed by industry experts, applying global standards in the design and delivery of credentials that demonstrate proficiency in both knowledge and application.

Milestone Recognition

Students will receive a Notice of Course Completion from NISM and Moody's Analytics after finishing each of the online courses.

Rapidly Evolving Fixed Income Markets in India

This certification will enhance your knowledge, skills and career opportunities in this rapidly evolving market.

Cutting-Edge

Mobile ready. Accessible anytime, anywhere. The use of introductory videos are designed to offer individuals a rich learning experience.

Cost-Effective Solutions

The CFITS is priced competitively and in line with market expectations.

Certificate in Fixed Income Trading and Sales (CFITS)

Programme Overview

The Certificate in Fixed Income Trading and Sales (CFITS), jointly offered by NISM and Moody’s Analytics, is an internationally recognised certification that provides the knowledge and skills required to enter into and progress in a variety of roles that employ fixed income securities. With the CFITS in hand, individuals will be recognised for their specialised knowledge and qualifications in the basic and advanced concepts, practices and applications of fixed income whether as an investor, analyst, issuer, trader or salesperson.

 

CFITS Programme Features

The CFITS programme has been designed to provide a learning experience which is both comprehensive and efficient. The learning approach includes the following features:

      • Two eLearning courses that can be purchased one at a time or as a bundle
      • Courses consist of a wide variety of fixed income topics including organisation of the fixed income market place, yield and duration calculations, trading strategies, credit rating techniques, high-yield bonds, securitization and fixed income hedge strategies
      • Recognition for the completion of each course's online test through the issuance of a NISM-Moody's Analytics notice of completion
      • Covers international fixed income concepts, practices and applications while providing an Indian context
      • Courses can be easily accessed and studied through mobile devices
      • The final proctored exam will be offered to those who have completed the eLearning courses and will be focused on application of knowledge

 

Who Should Enrol

All professionals involved or aspiring to be involved in any aspect of fixed income. There is no prerequisite course work or experience.

For a detailed programme outline and course content, download the CFITS brochure.

Download Brochure

Advance Your
Financial Career With
a Certification

 

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Programme Pricing

Level 1 + Level 2 + Certification Exam Attempt

Rs 22,000 (plus taxes)

No hidden costs. Pricing includes course and exam.

Our Learning Path

Online Learning Path | India Credit Certification | Moody's Analytics Online Learning Path | India Credit Certification | Moody's Analytics

For a detailed programme outline and to learn more about CFITS, download the brochure.

Download Brochure

 

 

About the CFITS

The Certificate in Fixed Income Trading and Sales consists of a Level 1 and Level 2 course and a final certification exam. Below is a breakdown of the topic areas for each of the courses:

1. Fixed Income Trading and Sales Level 1

    •       Fixed income marketplace
    •       Basic features and terminology of fixed income
    •       Fixed income covenants
    •       Organization of the fixed income marketplace
    •       Determinants of the general level of interest rates
    •       Determinants of individual fixed income yields
    •       Price and yield calculations
    •       Bond prices, duration and convexity
    •       Corporate credit analysis
    •       Fixed income trading and sales structure and participants

2. Fixed Income Trading and Sales Level 2

    •      Bond trading strategies
    •      Credit rating methodology
    •      Fixed income covenants
    •      High yield bonds
    •      Interest rate derivatives
    •      Securitization
    •      Investing in fixed Income mutual funds
    •      Fixed income ETFs
    •      Equity linked debt securities
    •      Fixed income hedge fund strategies
    •      Fixed income portfolio
Enroll Now Enroll Now

Pricing

Certificate in Fixed Income Trading and Sales (CFITS)

Price

 

Level 1 + Level 2 + Certification Exam Attempt

No hidden costs. Our best pricing package includes 2 courses and a certification exam.

Rs 22,000 (plus taxes)

< Enroll Now

 

Individual modules are also available for purchase. Please contact us for more information.

Frequently Asked Questions

What is CFITS and who is it meant for?

The Certificate in Fixed Income Trading and Sales is a globally recognised certification endorsed by individuals and corporate clients and encompasses the knowledge and skills required to enter into and progress in a variety of roles that employ fixed income such as:

    • Retail and Institutional Salespersons
    • Trading Desk Professionals
    • Portfolio Managers
    • Research Analysts
    • Issuers
    • Compliance Officers
    • Back-Office Staff
    • Treasury Staff

Is CFITS a known certification?

The CFITS is an established and credible global certification brought into India by the National Institute of Securities Markets (NISM) in collaboration with Moody's Analytics.

How can I enrol in the CFITS proctored examination?

Every quarter the candidates will be sent the dates of the CFITS proctored examination along with a physical copy of the form. If the candidate is interested in appearing for the CFITS proctored examination, s/he will have to fill in the form and send a scanned copy of it to NISM. Thereafter, NISM shall check if the candidate has fulfilled the pre-requisites for the CFITS examination and accordingly enrol the candidate for the examination and communicate the same to him.

What are the Pre-requisites to write the CFITS proctored examination?

You must complete the Level 1 and the Level 2 courses in order to gain access to write the CFITS proctored exam.

What are the topic areas that comprise the CFITS courses?

The Level 1 course consists of the following topic areas:

    • Fixed income marketplace
    • Basic features and terminology of fixed income
    • Organisation of the fixed income marketplace
    • Determinants of the general level of interest rates
    • Determinants of individual fixed income yields
    • Price and yield calculations
    • Bond prices, duration and convexity
    • Corporate credit analysis
    • Fixed income trading and sales structure and participants

The Level 2 course consists of the following topic areas:

    • Bond trading strategies
    • Credit rating methodology
    • Fixed income covenants
    • High yield bonds
    • Interest rate derivatives
    • Securitization
    • Investing in fixed income mutual Funds
    • Fixed income ETFs
    • Equity linked debt securities
    • Fixed income hedge fund strategies
    • Fixed income portfolio attribution

Can I purchase the courses individually or do I have to purchase them all together at the same time?

You can purchase them individually over time or all at once.

Is it compulsory to appear for the CFITS proctored examination?

To earn the Certificate in Fixed Income Trading and Sales an individual must complete the pre-requisites and the proctored CFITS examination. Students however who are just seeking specific Fixed Income knowledge can choose to just complete one or both courses, depending on their area of interest. These students will receive a Notice of Course completion for each course they complete but will not earn the full CFITS.

What is the assessment structure for the CFITS exam?

CFITS is a proctored computer based 3 hour examination. The exam consists of 75 multiple choice questions. The passing mark for the CFITS examination is 60%. This is no negative marking.

When and where can I appear for the CFITS proctored examination?

After completing the pre-requisites, you can register for the proctored examination with NISM. The exams are held at designated NISM test centres.

When will the courses be available?

CFITS Level 1 is available now. CFITS Level 2 will be available at the end of May, 2018 and if you purchase the entire programme (both Level 1 and Level 2 together) it will be automatically be added your online course access.

Do I get recognition for completing each of the courses?

Yes, you will get a notice of course completion from Moody's Analytics and NISM after completing each of the courses (whether you buy the courses individually or as a bundle).

What is the validity period for the CFITS?

Once you successfully complete the proctored exam, the Certificate in Fixed Income Trading and Sales (CFITS) is valid for life.

Will I get a certification after completing the CFITS?

If you successfully pass the CFITS proctored examination and attain a score of 60 percent or more then you will be awarded the CFITS certification and receive a wall certificate that will be emailed to you.

Contact Us

If you have any questions about enroling in our programme, are already registered with us and need support, or if you'd like to enrol your organisation, email us at cfits@nism.ac.in or call us at +91-22-66735143.

 

 

About Us

NISM is a leading provider of high-end professional education, certifications, training and research in Indian Financial Markets. NISM engages in capacity building among stakeholders in the securities markets through professional education, financial literacy, enhancing governance standards and fostering policy research.

Moody's Analytics helps capital markets professionals respond to an evolving marketplace with confidence. Its Training and Certification division has been helping people build their skills in finance for more than 40 years. Moody's Analytics offers comprehensive training programs, industry-recognised certificates and designations for financial professionals across the globe.

Our Location

NATIONAL INSTITUTE OF
SECURITIES MARKETS Plot No. 82,
NISM Bhavan, Sector 17, Vashi,
Navi Mumbai - 400703