The Bangladesh Capital Market Institute (BICM) has halved the fees for its “Masters in Applied Finance and Capital Markets” course in a bid to attract more people to acquire financial knowledge.
BICM announced the fee reduction during a press briefing at its office in the capital yesterday.
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The national institute run by the Bangladesh Securities and Exchange Commission trains and educates people on the stock market.
The Masters in Applied Finance and Capital Market course consists of 52 credits and the fee for each credit was Tk 4,000, which will be Tk 2,000 after the reduction.
The total price of the course, including other related costs, will now be 140,000 Tk, down from 250,000 Tk previously.
The duration of the program is two years where there will be four semesters, each of six months.
The course will help create an efficient workforce for the stock market, which will be an important source of funding in the days to come, said BICM Executive Chairman Prof. Mahmuda Akter.
The global economy including Bangladesh is going through a bad period due to the Covid-19 pandemic and the war in Ukraine, so the government wants to reduce the cost of financial literacy and training, he said. she stated.
BICM will allocate funds for capital market research, Akter said.