High Frequency Traders (HFTs) are Investment Bankers who work for major financial institutions like Goldman Sachs and trade on a daily basis using computer programs and algorithms. However, the difference is that these bankers trade with Millions if not Billions of Dollars on a daily basis in order to make a quick return on their investment. Even a minor price fluctuation can result in major profits for the trader. These traders earn six figure incomes in Dollars and they also get fat bonus cheques on the basis of their performance. Bonuses may run into a few million Dollars. Who are these HFTs and what are their qualifications and how are they hired? Only the best finance professionals are hired due to the vast sums of money involved.
BSE Institute Ltd (BIL) is a 100% subsidiary of the Bombay Stock Excahange, was started with the aim of developing responsible, thoughtful leaders and entrepreneurs who create value for their organizations. BIL has multiple courses that focus on providing globally recognized skills to students interested in Financial Markets. All the BIL courses are specialized programs to groom students for the complex financial world. Students can take advantage of these at Mumbai, Delhi, Chennai, Bengaluru, Ahmedabad and Kolkota. PGP-GFM is designed to provide students with a complete educational and practical experience to start contributing to the organizations they join from day one.
The course has been designed to help students understand the intricate details of Global Financial Markets. The curriculum has been designed to ensure that students are highly conversant in the language of a financial market. They will be taught to read balance sheets, assess the health and future prospects of a company using statisitical and non statistical methods. Students will be able to understand trends for not just a company, but for the entire industry. A student at the end of the course can easily be a financial advisor for a company or a High Networth Individual.
The curriculum revolves around the subjects of Global Economics, Business Communication, Global Finance, SME Finance, Treasury & Risk Management, Forex trading, Debt and Equity Markets, Commodity Markets, Financial Modelling, Technical Analysis, Investment Banking, Private Equity and Fund Management. Students will be having a 2 month internship and a month long industrial project where they can use the knowledge they have learned and make a positive contribution to the business of the organization. Their contribution may also fetch a Pre-Placement-Offer (PPO). BIL student’s have a great track record of bagging PPOs.
The faculty at BIL consists of practicing industry professionals who are currently working with major financial institutions at senior designations. They have at least a few decades of experience in the subjects they teach. The course is taught with the use of case studies that allow students to put themselves in real life scenarios and come up with workable solutions.
BIL has a lab for students to experience simulated stock trading on real time stock prices. BIL has won multiple awards globally for being at the forefront of providing relevant skills needed in Financial Markets. BIL has tied up with Universities in Canada, Australia and New Zealand. This gives global acceptability to the courses taught in India and is also an opportunity for students to visit foreign campuses on student exchange programs.
Students will be placed in major financial institutions like Asset Management Companies, Mutual Fund Houses, Private Equity firms, Hedge Funds as Investment Bankers, Equity Analysts and Wealth Managers. These are some of the best paying organizations of the World.
All students shortlisted for the course will be on the basis of a written test and a personal interview which is conducted by the BSE Institute Limited.