Welingkar Institute of Management
AND
Multi Commodity Exchange of India Ltd (MCX)
ANNOUNCE
Diploma in
Commodities Market (DICM)
Welingkar Institute of
Management, one of the country's leading B-schools and the Multi Commodity
Exchange of India Ltd. (MCX), an independent and demutualised multi-commodity
exchange that has permanent recognition from the Government of India, are proud
to announce the start of a first of its kind in India, 'Diploma in
Commodities Market'.
Program
Overview
The Diploma in The Diploma in
Commodities Market (DICM) will be broadly classified into 3 sections: -
The first section will be
utilized to cover introduction to commodity markets, both in India and abroad;
regulatory framework, issues in commodity trading and markets, future of
commodity trading in India, various commodities traded in markets, bank finance,
understanding of other markets like stock market and forex market, importance of
WTO, etc.
The second section will cover
derivative products, options, futures and spot trades, mechanism of trading,
clearing system, margin requirements, mark to market system, membership issues
and registration procedure, risk management, hedging and speculative trading,
difference between commodity trading and stock trading, special issues relating
to commodity market.
The third section will cover
actual trading practices, hands on experience on trading, particularly trading
in select commodities, visit to the exchange, mock-trading sessions / games and
assessment of the result of the mock trading sessions and taxation aspects of
the commodities market.
Program
Duration
The Diploma in Commodities Market
(DICM) is a 3-month program with emphasis on the practical aspects of online
trading (including 24 hours of fundamental analysis and online simulated
trading).
The Program will be conducted via a classroom mode or a distance learning
mode depending on the student's choice.
Eligibility
Graduates from any stream, from
any Indian University recognized by AIU / AICTE or Corporate Professionals /
Businessmen / Traders may apply to the program.
Program
Fees
Classroom Mode
Indian citizens Rs 15,000/-; NRIs/ Foreign nationals US$ 1, 500
Distance Learning Mode
Indian citizens Rs 10,000/-; NRIs/ Foreign nationals US$ 1, 100
Application
Fees & Mode of Payment
The cost of the application form,
prospectus and the selection process is Rs. 500 / US$ 50 - if purchased directly
across the counter.
To receive the same by post, candidates need to send in a Demand Draft of Rs.
500 / US$ 50 - in favour of 'Welingkar Institute of Management Development
and Research', payable at Mumbai or Bangalore respectively. All payments are
accepted in cash / through demand draft only. Completed forms / request for
forms by post must be sent to the institute's Mumbai campus only.
Admission
Procedure and Requirements
We look to enroll participants
who have unique combinations of high leadership potential, academic excellence,
and individual experiences and perspectives. But most important, those who
believe in the commodities boom and have a passion towards the commodities
industry. We focus on decent academic record, an innovative mindset, leadership
abilities, and a quest for excellence. We seek candidates with a sincere desire
to engage intellectually in the classroom and apply this knowledge practically
in the industry. We concentrate on -
Academic Potential
Professional Experience (If any)
Entrepreneurship fervor
Important
Dates
Classroom mode: Next batch
commences from first week of February 2006.
Distance Learning mode: Admissions open.
Contact
Details
At Welingkar's: -
Prof. Amarkant Jain
Phone: +91-22-24178300 Ext.- 460
Mobile: 98211 17300
Prof. Anuradha Mahesh
Phone: +91-80-51303781/ 82
Email: [email protected]
Website: www.welingkar.org
At MCX: -
Training Department
Phone: +91-22-56497000 Ext.- 7114 / 7105 / 7109
Email: [email protected]
Website: [email protected]
Mumbai Office Address
Welingkar Institute of Management Development & Research,
L. Napoo Road,
Near Matunga (Central Rly.),
Mumbai- 400 019.
Bangalore Office Address
Welingkar Institute of Management Development & Research,
11, Emen Arcade,
Krishna Nagar Industrial Layout,
Hosur Road, Next to Christ College,
Bangalore - 500 029
