Certificate In Fixed-Income Investing

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

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.

FII EXAM STRUCTURE

Sr. No. Name of Module Type of Questions Test Duration No. of Questions Maximum Marks Pass Marks (%) Negative Marking
1 Fixed-Income Investing (FII) MCQ 2 Hrs 100 100 50 20%

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:

Exam Fee: INR 1,770

*Fee mentioned is inclusive of GST. Exam fee is applicable for each attempt.

Exam Preparatory Material

You can access the course tutorial recordings and study material on the Equalifi Membership Portal.  Set up your free Equalifi Virtual Membership account here

 

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