NSE Certified Market Professional Level 5

NSE has introduced NCMP Level 5 under its NCFM umbrella.

1. It is awarded to candidates passing 11 + NCFM Modules.
2. 4 New modules were added which are very interesting for a student of finance.
3. NCFM helps to standardize and bring the Indian context to finance body of knowledge.
4. As academics depend on US texts, quality  Indian material is lacking particularly in the areas of market practices and design. NCFM materials will bring classsrooms to a common platform which I think is a positive externality(in economics jargon)
5. I would believe this has prompted NSE to launch tie-ups with universities for MBA( Financial Markets) and BBA ( Financial Markets) courses.
6. I would expect more NCFM modules in areas like  Technical analysis, Advanced Derivatives, Financial Journalism,Statistics for Financial Markets which come to my mind straight away.