Description
Course Name: Certificate in Foreign Exchange Professional
Course Id: CFEP/Q0101.
Eligibility: Graduate or equivalent is required.
Objective: The Certificate in Foreign Exchange Professional course is designed for banking professionals, finance students, forex dealers, and individuals aspiring to work in the foreign exchange (forex) and international trade sectors. It covers the operational, regulatory, and strategic aspects of managing foreign currency transactions and exposure.
Duration: Three Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 100, Passing Marks- 40%.
There is no negative marking in this module.
Marking System: | ||||||
S.No. | No. of Questions | Marks Each Question | Total Marks | |||
1 | 10 | 5 | 50 | |||
2 | 5 | 4 | 20 | |||
3 | 5 | 3 | 15 | |||
4 | 5 | 2 | 10 | |||
5 | 5 | 1 | 5 | |||
30 | 100 | |||||
How Students will be Graded: | ||||||
S.No. | Marks | Grade | ||||
1 | 91-100 | O (Outstanding) | ||||
2 | 81-90 | A+ (Excellent) | ||||
3 | 71-80 | A (Very Good) | ||||
4 | 61-70 | B (Good) | ||||
5 | 51-60 | C (Average) | ||||
6 | 40-50 | P (Pass) | ||||
7 | 0-40 | F (Fail) | ||||
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus:
Module 1: Introduction to Foreign Exchange Market: Overview of foreign exchange markets, History and evolution of forex trading, Participants in the forex market, Currency pairs and quotations, Exchange rate mechanisms (spot, forward), Major global currencies, Role of RBI in forex regulation, Forex market timings and trading platforms, Overview of forex market risks, Structure of interbank forex markets.
Module 2: Forex Transactions and Instruments: Spot and forward contracts, Currency futures and options, SWAPs and arbitrage opportunities, Cross currency transactions, Forward rate agreements (FRA), Non-deliverable forwards (NDFs), Retail vs institutional forex transactions, Settlement cycles and value dating, Margining and collateral in forex trades, Case studies on forex instruments.
Module 3: Exchange Rate Determination and Forecasting: Factors affecting exchange rates, Interest rate parity theory, Purchasing power parity, Balance of payments, Impact of inflation and GDP, Political and economic news analysis, Forecasting exchange rate trends, Use of economic indicators in forex, Technical analysis in forex forecasting, Real-life examples of rate fluctuation impacts.
Module 4: Risk Management in Forex Markets: Types of forex risks (transaction, translation, economic), Hedging techniques using forwards and options, Internal risk management policies, Use of derivatives in currency risk hedging, Stop-loss and limit orders, Exposure limits and controls, Risk-adjusted return measures, Role of treasury departments, Case studies on managing currency risk, Tools for measuring forex exposure.
Module 5: Regulatory Framework and Compliance: RBI guidelines on foreign exchange, FEMA (Foreign Exchange Management Act), ECBs and trade-related forex transactions, Import/export regulations and forex dealings, KYC/AML norms in forex transactions, Authorized Dealers and their roles, Forex control forms and documentation, FEMA violations and penalties, Reporting requirements to RBI, Global forex compliance standards.
Module 6: Practical Aspects of Forex Trading and Settlement: Forex trading platforms (MT4, MT5, FXALL), Trade execution and order types, Real-time rate monitoring and feeds, Forex calculators and tools, Confirmation and matching procedures, Nostro and Vostro accounts, SWIFT messaging and codes, Forex accounting and reconciliations, Role of banks in forex transactions, Hands-on case study on forex deal processing.
✅ Career Opportunities After Certificate in Foreign Exchange Professional
🔹 1. Forex Executive / Dealer
Workplace: Forex bureaus, authorized dealers, banks
Role: Execute currency conversions, maintain forex counters, handle transactions
💰 Salary Range: ₹20,000 – ₹45,000/month
🔹 2. Trade Finance Associate
Workplace: Banks, export-import firms, logistics companies
Role: Manage forex documents, letters of credit (LC), remittances
💰 Salary Range: ₹25,000 – ₹55,000/month
🔹 3. Foreign Exchange Analyst
Workplace: Investment firms, currency trading platforms
Role: Analyze forex trends, forecast rates, suggest trading strategies
💰 Salary Range: ₹30,000 – ₹60,000/month
🔹 4. Customer Relationship Executive – Forex Services
Workplace: Travel agencies, forex counters at airports, NBFCs
Role: Sell/preload forex cards, advise on currency purchases for travelers
💰 Salary Range: ₹18,000 – ₹35,000/month
🔹 5. Forex Compliance Officer
Workplace: Banks, exchange houses, RBI-authorized agents
Role: Ensure FEMA/RBI norms are followed, monitor cross-border transactions
💰 Salary Range: ₹30,000 – ₹65,000/month
📈 Income Overview in India
Role | Monthly Income Range |
---|---|
Forex Executive | ₹20,000 – ₹45,000 |
Trade Finance Associate | ₹25,000 – ₹55,000 |
Foreign Exchange Analyst | ₹30,000 – ₹60,000 |
Customer Relationship Executive | ₹18,000 – ₹35,000 |
Forex Compliance Officer | ₹30,000 – ₹65,000 |
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