SUBJECTS OF STUDY<\/p>\n
The FMM consists of three compulsory Professional subjects each in classes XI & XII in addition to two academic electives one of which must be a language. Though not compulsory, the students offering this package may be advised to offer Functional English for language-1.\u00a0 For the second elective there are 3 optional academic subjects. The students may further opt for an additional sixth subject which can either be a language or an academic or a professional subject at the elective level, in order to ensure vertical mobility for pursuing higher studies, if necessary.\u00a0 The subjects under FMM course are given below:-
\nCompulsory Vocational Subjects\u00a0 -Class XI<\/p>\n
1.\u00a0\u00a0 \u00a0Accounting for Business-I
\n2.\u00a0\u00a0 \u00a0Introduction to Financial Markets-I
\n3.\u00a0\u00a0 \u00a0Computer Applications in Financial Markets
\nOptional \u2013 Mutual Fund OR Any one from existing academic subjects<\/p>\n
Compulsory Vocational Subjects -Class XII<\/p>\n
1.\u00a0\u00a0 \u00a0Accounting for Business-II
\n2.\u00a0\u00a0 \u00a0Introduction to Financial Markets-II
\n3.\u00a0\u00a0 \u00a0Business Process Outsourcing Skills
\nOptional \u2013 Commodity Market OR Any one from existing academic subjects<\/p>\n
EXAMINATION AND EVALUATION
\nClass XI
\nThe practical examinations in all the papers will be conducted by the schools on an internal basis as is the practice in other subjects; however Board will provide the Question Papers and date sheet for final theory examinations in three vocational papers to be held in March 2009. These papers will also be evaluated internally by the schools.<\/p>\n
Class XII
\nThe theory and practical examinations in all the papers will be conducted by the CBSE on an external basis as is the practice in other subjects with the help of NSE and experts from the industry.<\/p>\n
CBSE-NSE \u2013 JOINT CERTIFICATION<\/p>\n
NSE is a leading Stock Exchange in India and one of the largest in the world. For the purpose of CBSE-NSE joint certification, the students will be required to pass 3 modules of NSE called NCFM (NSE\u2019s Certification in Financial Markets) as given below:<\/p>\n
1.\u00a0\u00a0 \u00a0Financial Markets: A Beginners\u2019 Module \u00a0\u00a0 \u00a0To be passed during summer vacation between XI and XII Class. OR latest before the commencement of the Board examination in March.
\n2.\u00a0\u00a0 \u00a0Capital Market (Dealers) Module\u00a0\u00a0 \u00a0To be passed in class XII between 15th December to 28th February, before the commencement of Board examination in March.<\/p>\n
3.\u00a0\u00a0 \u00a0Derivatives Market (Dealers) Module<\/p>\n
NCFM is a professionally accepted certificate in the finance market industry. Joint certification with NSE will add credibility to employability of CBSE students. NCFM-examination is an online computer based testing system that tests the practical knowledge and skills required to operate in the financial markets. It is a fully automated system with testing, assessing, scores reporting and invigilation in a secure and unbiased manner.<\/p>\n
The NCFM module viz. Financial Markets: A Beginners\u2019 Module is to be passed during the summer vacation between XI and XII. The students will get one more additional chance to pass this module without any additional fee before the commencement of the Board examination and therefore it will not affect the class XI result.<\/p>\n
EQUIPMENT REQUIRED<\/p>\n
The school should have sufficient computers with internet facility to introduce this new course. The software for the professional subjects for stock market trading, accounting etc will also have to be procured by the schools.<\/p>\n
FACULTY AND QUALIFICATION<\/p>\n
The qualification as required for the teaching staff is given below.<\/p>\n
1.\u00a0\u00a0 \u00a0QUALIFICATION – Full Time Teachers<\/p>\n
a)\u00a0\u00a0 \u00a0Essential<\/p>\n
An M.Com.\/ MBA\/ MA (Economics)\/ Master of Financial Control\/ Master of Financial Services or equivalent for Accounting for Business.
\nOR
\nA Bachelors degree from a recognized University\/Institute with NSE’s Certification in Financial Markets (NCFM) having passed 3 modules with minimum 60% in
\n1.\u00a0\u00a0 \u00a0Financial Markets (Beginners\u2019 Module)
\n2.\u00a0\u00a0 \u00a0Capital Market (Dealers) Module
\n3.\u00a0\u00a0 \u00a0Derivative Market (Dealers) Module.<\/p>\n
OR
\nA Bachelors degree in Computer Science\/Application from recognized University\/Institute with Minimum two years experience of working in all the modules of MS-Office (Word, Excel, PowerPoint, Outlook)<\/p>\n
b)\u00a0\u00a0 \u00a0Desirable
\ni\u00a0\u00a0 \u00a0A Bachelor Degree in Education or a teaching degree from a recognized University\/Institution
\nii\u00a0\u00a0 \u00a0Having experience in Accounting Software.<\/p>\n
2. \u00a0\u00a0 \u00a0Part Time Teachers
\nPractical trainers duly trained by organizations dealing in financial markets. The trainers should have passed the relevant modules of NSE.
\nOR<\/p>\n
Practical Trainers should be from stock exchanges or stock broking companies\/financial institutions or BPO Industry with minimum of 2 years of experience in the field.<\/p>\n
Training of Teachers<\/p>\n
As this is a new course, the CBSE will arrange to provide training to Master Trainers through experts from industry on payment. Two teachers for theory may be got trained by each of the schools opting for the FMM. The training required for two papers of class XI viz. Accounting for Business-I and Introduction to Financial Markets-I will be held at Delhi in a phased manner. The schools are required to have two teachers trained for the purpose. The details of the training programme will be intimated at a later date.<\/p>\n","protected":false},"excerpt":{"rendered":"