Financial Journalism
Two-Week Long Certificate Course
“Certificate Course in Financial Journalism”
OBJECTIVES:
At the end of the course the participants are expected
- to develop a critical perspective towards the way the financial press covers issues, and an awareness of the multiple perspectives that are essential in financial journalism
- to have a feel in key concepts in financial issues and the know how to use and critically analyze financial data, context and assumptions to enrich interviews, features and analysis pieces
- to have access to a range of tools that will allow planning and managing the way of reporting with intelligence and professionalism
PROGRAMME CONTENTS:
| Module | Module Details |
| Module 01 | Financial journalism basics– An introduction to financial journalism- The privilege of being a financial journalist- Role of financial journalist as a compliance agent/ public gatekeeper- Market sentiment and business journalism |
| Module 02 | Global view of financial market– Variants of markets- Different corporate structures- Variants of financial instruments, indexes- Different authorities/regulators/ exchanges/ players/ intermediaries/supporting institutes/ stakeholders etc. of the market
– An overview of global capital markets |
| Module 03 | Understanding financial regulations Part 1:Introduction to financial regulations – Sources of laws: constitution, general law, special law, rules and regulation formed under laws- Fundamental rights as to owning property and redressal of grievance against local/ govt. authority as per Bangladesh constitution
– Different guiding laws of the country – Financial regulations under different jurisdictions |
| Part 2Detail understanding of necessary financial regulations– Securities and exchange commission act, 1993[Focal areas: functions of BSEC, authority of making rules and providing directions, power of commission/ Govt., punitive provisions, recent reforms etc.]
– Securities and exchange commission ordinance, 1969 [Focal areas: definition of securities and its variants, issue of capital, power in issuance, role of directors/ sponsors, trading of securities by insiders, filing/ submission of return, prohibition of fraudulent acts and punitive measures, secrecy in information dissemination, recent reforms etc.]
– Depositories act, 1999 [Focal areas: depository participants and their roles of depositories in trading securities, variants of a/c, demat and remat, e-share issuance and rights of investors, changing ownership, recent reforms etc.]
– Demutualization Act, 2013 [Focal areas: pros and cons of demutualization etc.] – Other regulatory obligations on-
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| Module 04UnderstandingMarket | Understanding the market :part 1– Why financial data matters- Different sources of financial information- How to read the charts- Tools of the trade
– Equity instruments: the role of investors and the share price – Debt instruments: ways of analyzing debt and how companies may get into trouble with debt – Understanding Index and how to calculate Index – The corporate lifecycle: from start-up via IPO to going private – How to read prospectus/ offer document – Pricing mechanism of public issues – Valuation mechanisms- – price/earnings ratio, multiples, market capitalization, enterprise value – Identification of valuers and knowing the standing of valuers – IPO/ Listing alternative mechanism – Capital raising alternatives – What can accounts and financial statements tell us – How to read financial statements and reports – Reporting tools: how to track performance of public/ private companies |
| Understanding the market :part 2– Understanding start-ups and high growth companies – including key characteristics of high growth companies and analyzing start-ups- How to analyze large companies – comparing industries, sectors and lines of business- How to read credit rating reports and to identify inconsistencies- The disclosure regime: what companies are obliged to tell us
– Earning quality, objectivity, disclosure issues etc. – Inside the boardroom: how public company boards operate – On deadline: how to deal with earnings announcements – Identifying conflict of interest: insider trading/ related party transactions |
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| Module 05 | Understanding financial fraudulence and market manipulation– Parties, impact, reasons, methods applied in market manipulation, preventing or addressing manipulation- Fraudulent practices in financial reporting, exposures, symptoms and red flags- Case studies and follow up reports |
| Module 06 | Understanding how to carry a due diligence– Responsibilities and current status of each party under the regulations- Due diligence areas: governance/ management/ registration/HRM/ encumbrance/loan/ insurance/ valuation, valuer/ fraudulence etc.- How to carry a due diligence |
| Module 07 | Understanding remedy of investors– Investors remedy as per different jurisdictions- securities laws, company laws, banking laws, insurance laws etc. |
| Module 08 | Covering financial market intelligently: part 1 – Features, profiles and interviews: using financial tools to enrich your copy- How to analyze company performance in a way that prepares you for in-depth interviews with CEOs, industry insiders and well-informed sources- How to diagnose which bits of a large business are under-performing- understanding the warning signs that suggest a company might be in trouble
– How to better understand the often complex ways in which large companies attempt to balance competing financial priorities (including the demands of Shareholders and the need for investment to sustain the business in the long-term) – How to spot a dominating current financial/ economic issues/ debate – How to angle it, research/ analyze it Part 2 – Writing well matters: guideline for write up and presentation – Editorial productions |
| Module 09 | Ethics and professional responsibilities– The new debate on responsibilities- Reflexivity and responsibility: news and the market- Market abuse and the media- Code of conducts for financial journalists
– Playing by the rules: ethics in practice – Financial journalism in a challenging environment (speed, complexity, strategy |
| Module 10 | Course workThe participants will research/ study a case and produce an extended piece of journalism in print/ audio/ video/ online format and deal with the related production. |
TARGET AUDIENCE: Financial/ Business Journalists.
COURSE TIMING: 6:00 PM to 9:00 PM.
VENUE: Bangladesh Institute of Capital Market [BICM]
Mode of Payment: Cash or Pay Order in favor of Bangladesh Institute of Capital Market.
REFRESHMENT: Refreshments will be served in between two lecture sessions.
EVALUATION: There will be an evaluation at the end of the course.
CERTIFICATION: Each participant will be awarded a Participation Certificate on successful completion of the course.
RESOURCE PERSONS: BICM faculty members, Experts from Bangladesh Securities and Exchange Commission, Market Experts, Academicians and Reputed Media professionals.
- June 19, 2022 Please visit bicm.gov.bd website for news December 13, 2021 Admission test result of Spring 2022 (2nd batch) of the MAFCM program June 14, 2021 ADMISSION TEST RESULT SUMMER 2021 PUBLISHED OF THE FIRST BATCH OF THE MASTER OF APPLIED FINANCE AND CAPITAL MARKET(MAFCM) PROGRAM June 6, 2021 Recruitment Circular Date: 02/06/2021 January 24, 2021 Research Seminar Series Show All News
- June 19, 2022 Please visit bicm.gov.bd website for events January 24, 2021 Research Seminar Series August 16, 2017 BICM Observed National Mourning Day January 12, 2017 Schedule of Upcoming Certificate Programs December 19, 2016 PGDCM SPRING ADMISSION TEST RESULT-2017 Show All Events
