An Overview Securities market and financial system; Products, participants and functions; Primary market; Secondary market; Derivatives market; Regulators; Exchanges; Depositories; Clearing corporations; Regulatory framework; Reforms.

Book building; Credit rating; Merchant banking; On- line IPOs; Demat issues; Private Placement; Virtual debt portals; ADRs/GDRs; Other regulations; Public issues; Euro issues; Debt issues; Collective investment vehicles viz., MFs, VCFs, CISs.

Membership; Listing; Trading and settlement mechanism; Technology; Trading rules - Insider
Trading; Unfair trade practices; Takeovers; Buy back; Turnover; Market capitalisation; Prices;
Liquidity; Transaction costs; Risk management; Indices.

Government Securities Market: Indian debt market; Primary market; Secondary market-NDS; NDS-OM; CCIL; Wholesale debt market (WDM) segment of NSE.

Mathematics and Statistics:
Measures of central tendency; Return and Risk

Products, Participants and functions; Trading mechanism; Membership; Contract specification; Clearing & Settlement; Open interest; Implied interest rate; Implied volatility; Risk management; Debt derivatives.