Fixed income is generally considered to be a more conservative investment than stocks, but bonds and other fixed income investments still carry a variety of risks that investors need to be aware of.
The Certificate in Fixed-Income Investing (FII) provides the practical tools and latest knowledge to excel in this dynamic field. With its emphasis on developing practical skills for trading, investment and risk management, this certification program will give candidates the skills to compete in the global markets.
Candidates will not only get to develop a complete set of desk-ready skills for fixed income market participants but will also learn how to determine fair values, yields and risk measures for a wide variety of instruments including government bonds, corporate bonds, mortgage securities and fixed income derivatives.
FII is a career-enhancing credential that is appropriate for professionals and support staff responsible for management or oversight of short duration fixed income portfolios and cash equivalents. FII holders may work on either the buying side or selling sides of their industry.
This certificate is ideally suited to those who need to examine, analyze, and value a wide array of fixed-income instruments, including bonds, bonds subject to credit risk, swaps, and interest rate derivatives. It is intended for those who already have a background in portfolio management.
Topics:
- Concepts of Fixed-Income Investing
- Fixed-Income Instruments and Return Computation
- Key Risks in Fixed-Income Investing and Mitigation
- Credit Rating – Concepts and Application
- Market Structure in India
- Fixed Income Portfolio Management Concepts
- Fixed-Income Mutual Funds – Concepts and Fund Categories
- Key SEBI Rules & Regulations for Fixed-Income Mutual Funds
- Taxation of Bonds and Mutual Funds
- Fixed-Income Investment Vehicles and Comparison
Reference Books:
- The Handbook of Fixed Income Securities by Frank J. Fabozzi
- Fixed Income Markets in India by Joydeep Sen
- Fixed Income Analysis by Barbara S. Petitt, Cfa, Wendy L Pirie, and Jerald E. Pinto
Training Calendar:
You can find the upcoming training schedule for FII program here
Exam Details
Equalifi is offering the FII examination on an external, remote-proctored platform. Candidates can schedule an exam by paying the exam fee. Once the exam fee payment is done and exam registration is confirmed, the exam platform sends out the exam link by email to the candidates. Candidates can appear for the exam anytime any day within the next 1 year through this exam link from any place. Candidates need a good internet connection and a functional camera on their PC/ Laptop to appear for this exam.
Registration Process:
Candidates can register for Equalifi Academy’s Certification programs through any of the following modes:
Member Mode
Under this mode, candidate first needs to sign up as an Equalifi Individual Member. As a member, a candidate gets complimentary access to study resources, tutorials (live and recordings) and various other member benefits round the year.
Equalifi Membership is for a year. Candidate can study for any of Equalifi’s education programs during membership tenure. To appear for any exam, a candidate needs to register for the particular exam and appear within a year from the date of exam registration.
Exam Mode
Under this mode, a candidate can directly register for the certification exam of his choice. Once registered for the exam, candidates will receive the exam link by email within 7 working days. Candidates can appear for the exam anytime from anywhere on a remote proctored platform within 1 year from the date of exam registration.
Candidates registering under the exam mode do not get access to any study material or training.
Equalifi regularly conducts exam preparation training for various certification exams. Candidates who wish to attend live training, can either pay and register for each training or sign up as an Equalifi Member to get complimentary access to all study resources for a year.
Upcoming training programs are listed here- Skill-Building Programs
Membership details are given here- Equalifi Individual Memberships
Candidate Audit:
Equalifi will randomly audit a percentage of applications on a regular basis. Candidates will be responsible for providing the requested supporting documentation to verify their education and professional background as mentioned in the registration form. Equalifi’s practice is not to contact employers or educational institutions to obtain verification documentation on the candidate’s behalf. Failure to comply with the audit, falsification or misrepresentation of requested information and/or any unprofessional conduct will result in denial/cancellation of the exam registration and/or revocation of the program certificate. Candidates subject to audit will be notified by e-mail and will have 10 business days to respond. Once selected for audit, candidates will be required to satisfy the audit requirements before being able to receive the final certificate. Failure to comply with the audit will result in forfeiting all fees. Additionally, a candidate who does not comply with the audit will be subject to audit if reapplying for a future testing window.
Fee Details:
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Certificate in Fixed-Income Investing (FII)
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For Equalifi Members
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For Non-Members
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Fee
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INR 1,770
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INR 3,540
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*Fee mentioned is inclusive of GST. Exam fee is applicable for one attempt.
Exam Preparatory Material
Access the FII tutorial recordings and study material here