The Chartered Market Technician (CMT) Level I Exam focuses on the basic knowledge of the terminology and analytical tools used in technical analysis. The exam is two hours long and consists of 132 multiple-choice questions.

K J Somaiya Institute of Management is the First Academic Partner of CMT Association that is also a Prep-Provider Education Institute in India and provides Preparatory Sessions for the CMT Exams. The program will cover topics required for CMT Level 1 certification with a total learning time of 60 hours, ensuring the candidate is well prepared for the certificate. All learning will be conducted via online mode.

About CMT Association

The Chartered Market Technician® (CMT) credential is the preeminent, global designation for practitioners of technical analysis. Awarded to those who demonstrate mastery of a core body of knowledge of investment risk in portfolio management settings:

The CMT designation develops deep knowledge in technical analysis and will directly impact the work of portfolio managers, hedge fund managers, investment advisors, RIAs, investment strategists, heads of research, and chief investment officers.

Website:  https://cmtassociation.org/

Overview

Technical analysis is an established method and skill for making objective investment and trading decisions in the financial markets. Technical analysis has been used by traders, analysts, and investors for centuries and has achieved broad acceptance among regulators and the academic community—particularly with regard to its behavioral finance aspects.

Objectives

This KJSIM Program covers all concepts appearing on the Level I CMT exam, featuring industry-relevant topics and treatments of technical analysis in the context of portfolio management. The KJSIM’S CMT Level 1 Prep Course is for anyone who is preparing to take the CMT Level 1 exam. This course unpacks what is in each chapter and provides you with the information that you need to know for the exam.

Learning Outcomes

Upon completion of the course the participants will be able to master CMT-Level-1 Curriculum and will be ready to appear for CMT-level -1 exam.

The course would be delivered online by CMT Chartered Holders from Across the World. The Sessions will follow the chapters in the book and for each, we will provide: Chapter Notes/ PPT, List of Important Terms/ Definitions required for the exam.  The sessions will be will be aided by Real- time examples/case studies from Financial Markets. Software like Bloomberg will be used to Demonstrate Examples.

Additional 2 Sessions for Mock Exams

We Would Provide Complementary 2 Mock-Exams and Doubt Clearing Sessions at End of Course.

Who may attend?

• Aspiring CMT-Level-1 Candidates
• Portfolio Managers
• Technical Analyst
• Working Executives in Financial Markets
• Investors
• Traders
• Dealers
• Relationship Managers
• Stock Market Beginners
• Students

SYLLABUS

Section One: Theory and History of Technical Analysis

• The Basic Principle of Technical Analysis
• The Trend Dow Theory
• Introduction to Charts, Part 1
• Introduction to Charts, Part 2

Section Two - Charts, Trends and Patterns

• Trends - The Basics
• Breakouts, Stops and Retracements
• Moving Averages
• Bar Chart Patterns
• Short-Term Patterns
• Introduction to Volume Analysis
• Volume: The Technician's Decryption Device
• An Introduction to Volume Indicators
• Confirmation
• Candlestick Charting Essentials
• Point-and-Figure Charting

Section Three: Advanced Concepts in Charting and Trend Analysis

• Introduction to the Wave Principle
• The Anatomy of Elliott Wave Trading
• Measuring Market Strength
• Foundations of Cycle Theory
• Basics of Cycle Analysis

Section Four: Markets and Volatility

• Markets, Instruments, Data, and the Technical Analyst
• Equities
• Indexes
• Fixed Income / Bonds
• Futures
• Exchange-Traded Products (ETPs)
• Foreign Exchange (Currencies)
• Options
• Understanding Implied Volatility
• About the VIX Index

Section Five: Behavioral Finance and Other Theories of Market Dynamics

• What is the Efficient Market Hypothesis
• The Forerunners to Behavioral Finance
• Noise Traders and the Law of One Price
• Noise Traders as Technical Traders
• Academic Approaches to Technical Analysis
• Market Sentiment and Technical Analysis
• Sentiment Measures from Market Data

Section Six: Basic Statistics for the Technical Analyst

• Introduction to Descriptive Statistics
• Introduction to Probability

Section Seven: Perspectives on Technical Trading Systems

• Objective Rules and Their Evaluation
• Being Right or Making Money
• The Model Building Process
• Relative Strength as a Criterion for Investment Selection

Programme Director
 

Dr. Hitesh Punjabi ( CMT)

Dr. Hitesh Punjabi is a Professor with Department of Finance, K J Somaiya Institute of Management, Mumbai. He is MBA (Finance), B.E(Chemical), CMT (Chartered Market Technician), Alumina of IIM Indore.

He has more than 15+ years of experience in Industry and Management education. Earlier he was associated with leading corporations likes Anand Rathi Securities, Religare Securities, HSBCInvest Direct Securities, East India Securities, ARJ Securities in the field of Equity Research and with Chetana’s Institute of Management & Research.

He has also conducted Faculty Development Programs (FDPs) and Management Development Programs (MDPs) on a variety of topics for reputed organizations. He has chaired many research conferences, workshops and seminars. Mr. Hitesh has contributed articles and has published research papers in national and international publications. He is Mentor for Atal Incubation Centre supported by NITI-AAYOG.

He has been a Visiting Faculty for Finance at various institutes of Mgmt. since 2003. His areas of expertise are Financial Markets, Security Analysis & Portfolio Management, Equity Research- Fundamental Analysis, Technical Analysis, Mutual Funds, Behavioral Finance and Algorithm Trading, Financial Analytics.