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ICMA FMFQ Exam Syllabus

Start Free FMFQ Exam Practice After Reviewing the Topics

Before starting your FMFQ exam preparation, it is recommended to review the complete ICMA Financial Markets Foundation Qualification exam syllabus and carefully go through the exam objectives listed below. Once you understand the exam structure and objectives, you should practice using our free FMFQ questions. We also provide premium FMFQ practice test, fully updated according to the latest exam objectives, to help you accurately assess your preparedness for the actual exam.

ICMA FMFQ Exam Objectives

Section Objectives
1. Overview of the Financial Markets 1.1 Background to the capital markets
1.2 Key Players
1.3 Trade Flow
2. FX 2.1 Introduction to the Foreign Exchange Markets
2.2 Spot FX
2.3 Cross Rates
2.4 Forward FX
3. Debt 3.1 Basic Principles of Debt Products
3.2 Money Markets
3.3 Long-term Debt
4. Equities 4.1 Core Features of Equity Products
4.2 Issuance and Trading Practice
4.3 Equity Valuation
5. Derivatives 5.1 Basics of the Derivatives Market
5.2 Forwards
5.3 Futures
5.4 Options
Official Information https://www.icmagroup.org/executive-education/courses/financial-markets-foundation-qualification-fmfq-2/