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Interest Rate Derivatives: A Beginner's Module (Foundation) Exam

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Interest Rate Derivatives: A Beginner's Module (Foundation) Exam

Interest Rate Derivatives: A Beginner's Module is a foundational certification designed to build a clear understanding of the money market and the role of interest rate derivatives in managing financial risk. As managing interest rate risk becomes increasingly important—not just within the financial sector but also among households—these derivative instruments have emerged as essential tools for effective risk mitigation.

This module is structured around two core objectives:

  • Developing a solid grasp of money market fundamentals.
  • Understanding how interest rate derivatives function as risk management instruments.

Who Should Take This Exam?

This certification is particularly beneficial for:

  • Students
  • Teachers
  • Employees of Banks and Insurance Companies
  • Primary Dealers
  • Employees of Brokers and Sub-Brokers
  • Anyone interested in the Indian Money Market

Course Outline 

The Exam covers the given topics  - 

  • Topic 1: Understand Interest Rates and Time Value Of Money
  • Topic 2: Learn about Money and Fixed Income Markets
  • Topic 3: Government Bonds
  • Topic 4: Understand Interest Rate Derivatives
  • Topic 5: Interest Rate Futures (IRF) in India
  • Topic 6:  An Explanation of Key Concepts in IRF
  • Topic 7:  Applications and Trading of Interest Rate Futures

Interest Rate Derivatives: A Beginner's Module (Foundation) Exam FAQs

Yes our experts frequently blog about the tips and tricks for exam preparation.

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Yes Skilr offers free practice tests for the Interest Rate Derivatives: A Beginner’s Module (Foundation) Practice Exam which can be used before the final purchase for complete test.

After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.

NCFM certification provides advantages and benefits to the individuals who want to pursue a career in finance. This will provide in depth knowledge in financial sectors and help you understand the concepts. This certification comes with different courses in the banking and finance which will provide abilities and skills. You learn about mutual funds and give you knowledge about the risk involved and provide you job security.

Once purchased, the practice exams can be access for the lifetime.

The certificate will be valid for 5 years from the date of the examination.

Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Interest Rate Derivatives: A Beginner’s Module (Foundation) Practice Exam cost.

Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.

Skilr provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.

• Students • Teachers • Employees of Banks, Insurance Companies" • Primary Dealers • Employees of Brokers/Sub-Brokers • Anybody having interest in the Indian money market

Interest rate risk management is becoming increasingly important not just for the financial sector, but for the household sectors as well. Interest rate derivative products are the primary instruments available to manage such risks. Interest Rate Derivatives: A Beginner's Module aims at creating a better understanding of the concepts underlying the money market and giving insights into the motives of and operations related to the trading of interest rate derivatives."

There are no prerequisites required for Interest Rate Derivatives: A Beginner’s Module (Foundation) Practice Exam.

To undergo the FLIP-NCFM Interest Rate certification, it is mandatory to complete the e-learning (training) of Finitiatives Learning India Pvt. Ltd. Step 1 : Register with FLIP Already registered? Step 2 : Purchase the Interest Rate module Step 3 : After completing the training pay NCFM the certification fee, and book the test date.

• Interest Rates and Time Value Of Money • Money and Fixed Income Markets • Government Bonds • Interest Rate Derivatives • Interest Rate Futures (IRF) in India • An Explanation of Key Concepts in IRF • Applications and Trading of Interest Rate Futures

There will only be multiple-choice and multi-response questions covered in the exam.

The exam is available in English language only.

NCFM provide knowledge to professionals working in the financial industry by providing training certification for various industry fields to provide an advantage in getting a job. Whereas NISM is launched by SEBI is opted by those investors who have an interest in gaining knowledge in finance market. With SEBI it provides quality to financial market.

There is a negative marking for every wrong answer and 25% of the marks will be deducted.