ACI Diploma

Overview

The ACI Diploma builds on the foundational certifications and offers an in-depth understanding of financial markets, focusing on complex instruments, pricing, risk-management and market structure. It is designed for professionals who require a comprehensive grasp of FX, money markets, fixed income, derivatives and the interconnections between these markets. 

Key Topics Covered

• Financial Markets Environment – global market structure, cash & derivatives markets, market participants, regulatory and ethical standards 
• Foreign Exchange (FX) – spot, forwards, swaps, non-deliverable forwards, quoting conventions and FX risk management 
• Money & Interest Rate Markets – money-market instruments, bonds, repos, interest-rate calculations, yield/discount, valuation and interest-rate risk 
• FICC Derivatives (Fixed Income, Currency, Commodities) – futures, forwards, swaps, interest-rate derivatives, options, valuation, hedging, arbitrage and risk strategies 
• Financial Markets Application & Risk Management – asset and liability management, risk principles, risk measurement (e.g. Value-at-Risk), regulatory environment and internal controls 

Who Should Take This Exam

• Senior foreign-exchange and money-market dealers
• Corporate and bank treasurers
• Senior operations or treasury staff seeking advanced market knowledge
• Professionals responsible for risk management, asset-liability management or market strategy