The country's first and only E-learning programme in the commodity sector

Post lifting of a 30-year ban on commodity futures trading in India, the three National Commodity Exchanges have been facilitating trading in as many as 57 commodities besides metals and energy. With these facilities in over 550 centres across the country, the Indian commodity derivatives market today clocks a daily average turnover of over Rs 15,000 crore, and has expanded by 50 times in a span of five years.

Commodity markets across the world have experienced an exponential growth. Everyone, from the common investor to foreign institutional investors, is talking shop about commodities. Participants are looking towards exchanges as instruments for risk mitigation and price insurance. This makes an understanding of commodity markets vital for any finance professional.

A large and growing employment potential awaits in this booming sector — as commodity dealers, research analysts, business managers, financial risk analysts, commodity traders, and portfolio managers.

About the Program

NCDEX Institute of Commodity Markets & Research (NICR) has launched the ‘NCDEX Commodity Certification Course’, the country’s first and only E-learning programme in the commodity sector.

It is a self-study course aimed at equipping learners with both academic and applied knowledge pertaining to commodities trading, making it an ideal career-cum-job opportunity. The Basic Course introduces learners to commodity markets and derivatives, besides key concepts that form the basis of commodity trading

The course material, a combination of printed study manuals and online access, provides the right blend of theoretical understanding of the concepts and practical application of commodity trading strategies.

Who should do this?

This course will be of interest to a wide variety of people. It is aimed at educating all those connected with the commodities derivatives markets, especially:

• Market participants
• Finance professionals of companies and organisations dealing in commodities such as agricultural products, metals or oil
• Employees of commodity brokerage houses
• Commodity dealers

Eligibility:

Does not require prior knowledge of commodity markets or derivatives. However, learners should have the ability to understand Basic English and must be PC-literate. They should also have basic arithmetic skills.

Program Overview

A self-study course that is based on a blended design (online + print) and is delivered over two segments:

• SEGMENT I: Introductory segment - introduces the learner to commodity markets and commodity derivatives, besides key concepts that form the base of commodity trading.
• SEGMENT II: Applied segment - focuses on commodity price analysis and trading strategies on the exchange.

Learners need to clear a test that is based on the introductory segment, before they can start-off on the applied segment.

On successful completion of this course, the learner will acquire a basic understanding of:

• Commodity markets
• Derivatives
• Commodity exchanges
• Pricing of futures
• Basic principles related to 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
• Soft Skills

Duration:

The overall course engagement for a typical learner is estimated at:

• 15 hours of e-learning by logging on to the Learning Management System
• 30 hours of self-study using the study manuals