IFMP trains professionals

KARACHI: Around 800 students and finance professionals in Karachi, Islamabad and Lahore have received nationally recognised certificates, offered by IFMP, a registered certification body by the Securities and Exchanges Commission of Pakistan, from a series of training programmes currently underway in collaboration with USAID-funded Financial Market Development Activity (FMD), a statement said on Tuesday.

A spokesman for the IFMP said the course titled “Fixed income investment and trading certification course” is being offered to students in business schools and industry professionals across the country, it added.

The first-ever training programme on the subject in Pakistan, this course is designed to create a critical knowledge base and skill-set among the students and different institutional investors, such as commercial banks, mutual funds, insurance companies, pension fund managers, and other market participants and covers a variety of fixed income securities from conventional and Islamic markets, including sovereign, corporate, structured credit/asset-backed bonds and related derivatives, the statement said.